ADVOKS GLOBAL · KENYA
Alcoholic Drinks Control Act
5. Establishment of the Fund
Edition: 2023-07-01 · In force
5. Establishment of the Fund
(1)There is established a fund to be known as the Alcoholic Drinks Control Fund.(2)The Fund shall consist of—(a)such licence and other fees as may be payable under this Act;(b)such sums as may be realized from property forfeited to the Government under this Act;(c)sums received, including contributions, gifts or grants from or by way of testamentary bequest by any person;(d)moneys earned or arising from any investment of the Fund;(e)all other sums which may in any manner become payable to, or vested in, the Fund.(3)Where, in terms of subsection (2)(b), any immovable property is assigned to the Fund, the Accounting Officer shall deal with the property in such manner as he thinks fit and may sell the property and use the proceeds of sale for the purposes for which the Fund is established.(4)The Fund shall be used for meeting the capital and recurrent expenditure relating to—(a)research, documentation and dissemination of information on alcoholic drinks;(b)promoting national cessation and rehabilitation programs; and(c)assisting in the operations of the District Committees and civil society programmes in accordance with subsection (5);(d)any other matter incidental to the matters stated in paragraphs (a), (b) and (c).(5)An amount of not less than fifty per cent of the Fund’s annual income shall be used to equitably finance the District Committees in their operations and an additional amount of not less than fifteen per cent shall be used to fund relevant civil society programmes.(6)Unless the National Treasury otherwise directs, the receipts, earnings or accruals of the Fund and its balances at the close of each financial year shall not be paid into the Consolidated Fund, but shall be retained for the purposes of the Fund.