AGADVOKS GLOBALKENYA · ENGLISH
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Agricultural Finance Corporation Act

39. Power of Corporation to act as agent

Edition: 2022-12-31 · Repealed

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39. Power of Corporation to act as agent

The Corporation may be appointed and may act as agent of the Government in the making, administration and recovery on behalf of the Government of any loans to farmers or others:Provided that no expenses of such agency shall fall to be paid from the funds of the Corporation, and the Corporation shall be indemnified by the Government against any losses, costs and expenses which may be sustained or incurred by the Corporation in the performance of such agency.
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Source: Kenya Law