ADVOKS GLOBAL · KENYA
Conflict of Interest Act
20. Acquisition of interest in partnerships and private companies
Edition: 2025-08-05 · In force
20. Acquisition of interest in partnerships and private companies
(1)A public officer shall not acquire an interest in a partnership, private company or any other legal entity that is a party to a contract with any reporting entity which the partnership, private company or legal entity receives a benefit.(2)Subsection (1) shall not apply to interests acquired through trading in the regulated financial markets provided that the public officer shall not acquire controlling shares in the entity.(3)A person who contravenes subsection (1) commits an offence.