ADVOKS GLOBAL · KENYA
Companies Act
1007. Power to make regulations about where certain company records can be kept
Edition: 2024-12-27 · In force
1007. Power to make regulations about where certain company records can be kept
(1)The regulations may specify places other than a company’s registered office at which records of the company that are required to be kept available for inspection under a provision of this Act may be so kept in compliance with that provision.(2)For the purposes of subsection (1), the company records to which this section applies are the following:(a)the company's register of members;(b)the company's register of directors;(c)the company's records relating to its directors' service contracts;(d)the company's records relating to directors' indemnities;(e)the company's register of secretaries;(f)the records of resolutions passed by the company;(g)in the case of a private company — the company's contracts relating to purchase of its own shares out of capital and documents relating to redemption or purchase of own shares out of capital;(h)the company's register of debenture holders;(i)in the case of a public company—(i)reports made by the company to members regarding the outcome of investigations by the company into interests in its shares; and(ii)the company's register of interests disclosed;(j)documents creating charges over the company's property and its register of charges and security rights.(3)The regulations referred to in subsection (1) may specify a place by reference to—(a)the company's principal place of business;(b)the place at which the company keeps any other records available for inspection; or(4)Those regulations may provide that a company does not comply with a provision relating to the keeping of records to which this section applies by keeping those records at a place specified in the regulations unless the conditions (if any) specified in the regulations are satisfied.(5)Those regulations—(a)need not specify a place in relation to each kind of company records; and(b)may specify more than one place in relation to a kind of company records.(6)A requirement under a provision of the regulations requiring a company to keep company records available for inspection is not complied with by keeping them available for inspection at a place specified in the regulations unless all the company’s records subject to the requirement are kept there.