5 Nov 2019 in Senate:
I was just about to say this and I am going to repeat, the Regulations were submitted to the Senate on Wednesday, 16th October, 2019 and tabled before the House on the same day. Section 205 of the PFM Act, contemplates that the regulations made under this section shall be approved by both Houses of Parliament.
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5 Nov 2019 in Senate:
The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate.
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5 Nov 2019 in Senate:
Mr. Speaker, Sir, by a Communication made on Wednesday, 16th October, 2019, the Speaker of the Senate referred the regulations to a joint Committee of the Sessional Committee on Delegated Legislation and the Standing Committee on Finance and Budget for consideration. The Speaker directed that the joint committee files the report within the next 15 sitting days. The regulations seek to amend Regulation 26(1)(c) of the Public Finance Management (National Government) Regulations, 2015 (Legal Notice No.34 of 2015), to provide for a numerical limit to the total public debt of Kshs9 trillion in place of the current debt limit set ...
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5 Nov 2019 in Senate:
Mr. Speaker, Sir, you can see that everyone is happy with my Chairman. I am about to conclude.
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5 Nov 2019 in Senate:
Mr. Speaker, Sir, The Members of the Joint Committee, who submitted an alternative view, submitted a minority report subject to the provisions of Standing Order No. 213(5). The Report has been submitted to the House in accordance with Section 205(4) of the Public Finance Management Act, 2012 which requires that the
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5 Nov 2019 in Senate:
The electronic version of the Senate Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor, Senate.
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5 Nov 2019 in Senate:
Regulations made under this Section of the Act be presented to Parliament for approval before they take effect.
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5 Nov 2019 in Senate:
Mr. Speaker, Sir, with those remarks, I beg to move and ask the Senate Majority Leader to second.
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5 Nov 2019 in Senate:
Thank you, very much, Mr. Speaker, Sir.
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5 Nov 2019 in Senate:
On a point of order, Mr. Deputy Speaker, Sir.
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