ADVOKS GLOBAL · KENYA
Central Depositories Act
32. Duty of central depository to keep records
Edition: 2023-12-11 · In force
32. Duty of central depository to keep records
A central depository shall keep or cause to be kept such records and accounts, in sufficient detail, so as to show particulars of—(a)all transfer of book-entry securities to and from a securities account;(b)all moneys received or paid by a central depository, including dividends received in respect of any book-entry securities and the disbursement of such dividends to depositors;(c)all income received from commissions, fees, charges and other sources, and all expenses, commissions, and other payments made or paid by the central depository;(d)all assets and liabilities (including contingent liabilities) of the central depository; and(e)all purchases and sales of deposited securities and other dealings made in respect thereof, including the charges and credits arising therefrom, the identity of the buyer and seller of each of those deposited securities or, in the case of other dealings, the identity of the persons executing such dealings and the persons in whose favour the dealings are executed.