ADVOKS GLOBAL · KENYA
Competition Act
82. Investment of funds
Edition: 2022-12-31 · In force
82. Investment of funds
(1)The Authority may invest any of the funds of the Authority in securities in which it may by law invest trust funds, or in any other securities which the Cabinet Secretary for the time being responsible for finance may, from time to time, approve.(2)The Authority may, subject to the approval of the Cabinet Secretary for the time being responsible for finance, place on deposit with such bank or banks as it may determine, any moneys not immediately required for the purposes of the Authority.