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Charter for Kenya Medical Research Institute, 2026

60. Investment of funds

Edition: 2025-07-21 · In force

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60. Investment of funds

(1)All monies of the Institute which are not immediately required to be applied for the purposes of this Charter shall be invested—
(a)in such investment in a reputable bank, being an investment in which trust funds, or part thereof, are authorized by law to be invested; and
(b)in government securities as may be approved by the National Treasury.
(2)All investments made under this paragraph shall be held in the name of the Institute.
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Source: Kenya Law