Central Bank of Kenya Act

7. Exemption from tax

Edition: 2026-07-24 · In force

7. Exemption from tax

(1)The Bank shall not be liable to any taxation imposed by any law in respect of income or profits.

(2)No duty shall be chargeable under the Stamp Duty Act (Cap. 480) in respect of any instrument executed by or on behalf of or in favour of the Bank in any case where, but for this exemption, the Bank would be liable to pay such duty.

(3)The Cabinet Secretary may, whether for the purpose of removing any doubt as to the extent of the foregoing provisions of this section or for the purpose of extending the immunities of the Bank, by order published in the Gazette specify any tax, duty, fee, rate, levy, cess or other impost as one to which the Bank shall not be liable, and the law relating thereto shall have effect accordingly.

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Source: Kenya Law