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