Capital Markets Act

18F. Protection from personal liability

Edition: 2025-12-11 · In force

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18F. Protection from personal liability

No civil liability, whether arising in contract, tort, defamation, equity or otherwise shall be incurred by—

(a)a self-regulatory organization; or

(b)any person acting on behalf of a self-regulatory organization including—

(i)any member of the Board of directors, employee or agent of the self-regulatory organization; or

(ii)any member of any committee established by the self-regulatory organization,

in respect of anything done or omitted in good faith in the discharge of the duties delegated to the self-regulatory organization under this Part or in the performance of its functions under its rules.(Act No. 37 of 2011, s. 6.)

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Source: Kenya Law