The Anti-Corruption and Economic Crimes Regulations

Legal Notice 119 of 2003

This is the latest version of this Legal Notice.
Citation
Legal Notice 119 of 2003
Primary work
Anti-Corruption and Economic Crimes Act
Date
31 December 2022
Language
English
Type
Legal Notice
Publication
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LAWS OF KENYA

ANTI-CORRUPTION AND ECONOMIC CRIMES ACT

THE ANTI-CORRUPTION AND ECONOMIC CRIMES REGULATIONS

LEGAL NOTICE 119 OF 2003

  • Published in Kenya Gazette Vol. CV—No. 80 on 8 August 2003
  • Commenced on 2 May 2003
  1. [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]

1. Citation

These Regulations may be cited as the Anti-Corruption and Economic Crimes Regulations and shall be deemed to have come into force on the 2nd May, 2003.

2. Allowed investments

An investment that is offered to members of the public is prescribed for the purposes of section 42(4) of the Act.

3. Interest on compensation, etc.

(1)The interest rate is prescribed for the purposes of section 53(1) of the Act is twelve per cent per year.
(2)For the purpose of subsection 53(1) of the Act, for each amount for which a person is liable under section 51 or 52 of the Act in relation to a loss suffered or a benefit received, interest is payable from the date the loss was suffered or the date the benefit was received.
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History of this document

31 December 2022 this version
08 August 2003
02 May 2003
Commenced