ADVOKS GLOBAL · KENYA
Companies Act
669. Offences relating to summary financial statements
Edition: 2024-12-27 · In force
669. Offences relating to summary financial statements
(1)If a company fails to comply with a requirement of section 666, 667 or 668, the company, and each officer of the company who is in default, commit an offence and on conviction are each liable to a fine not exceeding two hundred and fifty thousand shillings.(2)If, after a company or any of its officers is convicted of an offence under subsection (1), the company continues to fail to comply with the relevant requirement, the company, and each officer of the company who is in default, commit a further offence on each day on which the failure continues and on conviction are each liable to a fine not exceeding twenty-five thousand shillings for each such offence.