ADVOKS GLOBAL · KENYA
Central Bank of Kenya Act
51. Revaluation profits or losses
Edition: 2026-07-24 · In force
51. Revaluation profits or losses
(1)Profits or losses which are attributable to any revaluation of the Bank’s net assets or liabilities in gold, foreign exchange or foreign securities, made as a result of any change in the value of any currency unit, shall be taken into account in the computation of the annual profits and losses of the Bank:Provided that the accounts of the Bank shall distinguish the profits or losses arising from normal operations of the Bank and those resulting from profits or loss from exchange fluctuations.(2)The balance outstanding in the Revaluation Account existing immediately before the commencement of this section shall be repaid from the net annual profits of the Bank by instalments of such amount as the Board, in consultation with the Cabinet Secretary, may determine.