Related documents
- Is amended by 24th Annual Supplement
LAWS OF KENYA
PUBLIC FINANCE MANAGEMENT ACT
THE PUBLIC FINANCE MANAGEMENT (AFRICAN UNION AND OTHER INTERNATIONAL ORGANISATIONS SUBSCRIPTION FUND) REGULATIONS
LEGAL NOTICE 10 OF 2017
- Published in Kenya Gazette Vol. CXIX—No. 15 on 3 February 2017
- Commenced on 3 February 2017
- [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]
1. Citation
These Regulations may be cited as the Public Finance Management (African Union and other International Organisations Subscription Fund) Regulations.2. Interpretation
In these Regulations, unless the context otherwise requires—"Cabinet Secretary" means the Cabinet Secretary for the time being responsible for matters relating to finance;"financial year” means the period of twelve months ending on the 30th June in each year;"Fund" means the African Union and other International Organisations Subscription Fund established under regulation 3;"National Exchequer Account" has the meaning assigned to it in section 17 of the Act; and“officer administering the Fund" means the person designated as such under regulation 7(1).3. Establishment of the Fund
4. Object and purpose of the Fund
The object and purpose of the Fund shall be to make Kenya's contribution to the African Union and any other international organisation, to which Kenya has a financial obligation.5. Payments out of the Fund
There shall be paid out of the Fund, payments pursuant to the object and purpose for which the Fund is established.7. Administration of the Fund
8. Winding-up of the Fund
In the event of winding up of the Fund, the cash balances shall be transferred to the National Exchequer Account while other assets of the Fund shall be transferred to the National Treasury.History of this document
31 December 2022 this version
Revised by
24th Annual Supplement