Companies Act

508. Provision enabling or requiring arrangements to be adopted: order-making powers

Edition: 2024-12-27 · In force

508. Provision enabling or requiring arrangements to be adopted: order-making powers

(1)The Cabinet Secretary may, by order—

(a)designate classes of companies for the purposes of section 507;

(b)provide that, in relation to securities of a specified description—

(i)in a designated class of companies; or

(ii)in a specified company or class of companies, specified provisions of those regulations either do not apply or apply subject to specified modifications.

(2)In subsection (1), "specified" means specified in the order.

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Source: Kenya Law