ADVOKS GLOBAL · KENYA
Climate Change Act
29. Accounts and audit
Edition: 2023-09-15 · In force
29. Accounts and audit
(1)The Council shall cause to be kept all proper books and records of account of the income, expenditure and assets of the Council and shall cause the accounts of the Council to be audited within a period of three months after the end of each financial year.(2)The Council may apply to the Cabinet Secretary responsible for finance for exemption from payment of duty payable under the Stamp Duty Act (Cap. 480) in respect of an instrument executed by or on behalf, or in favour of the Council which, but for this section, the Council would be liable to pay.(3)The Council may establish, control, manage, maintain and contribute to pension and provident funds for the benefit of the members of the Council and staff of the Council and may grant pensions and gratuities from any such fund to the said officers upon their resignation, retirement or separation from the service of the Council or, as the case may be, to the dependants of any such officer upon such officer's death.(4)The Council may invest any of the funds of the Council in securities in which for the time being, trustees may by law invest funds or in any securities which the National Treasury may from time to time, approve for that purpose.(5)The Council may place on deposit, with such bank or banks as it may determine, any monies not immediately required for the purpose of the Council.