ADVOKS GLOBAL · KENYA
Advocates Act
82. Relief to banks
Edition: 2024-04-26 · In force
82. Relief to banks
(1)Subject to this section, no bank shall, in connection with any transaction on any amount of any advocate kept with it or with any other bank (other than an account kept by an advocate as trustee for a specified beneficiary) incur any liability or be under any obligation to make an inquiry, or be deemed to have any knowledge of any right of any person to any money paid or credited to any such account which it would not incur or be under or be deemed to have in the case of an account kept by a person entitled absolutely to all the money paid or credited to it:Provided that nothing in this subsection shall relieve a bank from any liability or obligation to which it would be subject apart from this Act.(2)Notwithstanding anything in subsection (1), a bank at which an advocate keeps an account for client’s money shall not, in respect of any liability of the advocate to the bank, not being a liability in connection with that account, have or obtain any recourse or right, whether by way of set-off, counterclaim, charge or otherwise, against moneys standing to the credit of that account.