Object of the Bill
The policy behind the Bill is to give effect to the Government Policy for Rationalisation of Government Agencies and Public Expenditure (RAPEX) which was adopted by the Cabinet on 22nd February 2021.
Other Attachments
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CFI for Tier 4 Microfinance Institutions and Money Lenders (Amendment)Bill,2024.pdf
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The Tier 4 Microfinance Institutions and Money Lenders (Amendment)Bill,2024.
Sponsored By Hon. Matia Kasaija (Minister of Finance, Planning and Economic Development)
Committee: The Committee on Finance, Planning and Economic Development
Start
First Reading/Committee
Bill is still at First Reading, the first reading being the first stage of a Bill passage through the Floor of Parliament and is usually a formality. It takes place without debate, and the first reading of a Bill can occur anytime in a parliamentary session.
Second Reading
Third Reading
The Bill has now progressed to the Second Reading, a stage that offers the first opportunity for MPs to engage in a democratic debate on the main principles of the Bill. This stage, which usually takes up to 45 days after the first reading, allows for thorough discussion and ensures that all voices are heard. Once the second reading is complete, the Bill moves to the committee stage, where each clause and any amendments to the Bill may be debated, further highlighting the democratic nature of the process.
Presentation/Waiting Assent
Assented by President
End
Bill passed on 01/01/1970
Bill Withdrawn on 23/04/2024
This Bill has been withdrawn. A bill may be withdrawn by the Member in charge after the question for its second reading (or other stages) has been proposed, provided that the question itself is first withdrawn and the Member has the floor. If there is any objection, the question cannot be withdrawn, and the stage concerned proceeds to a conclusion. A Member other than the Member in charge of the bill, if they have made the motion for second reading, can, with leave, withdraw that motion but not the bill itself. A bill may also be withdrawn during its committee stage if the committee is first discharged from (further) consideration of the bill.