ADVOKS GLOBAL · KENYA
Environmental Management and Co-ordination Act
57. Fiscal incentives
Edition: 2022-12-31 · In force
57. Fiscal incentives
(1)Notwithstanding the provisions of any relevant revenue Act, the Cabinet Secretary responsible for Finance may, on the recommendation of the Council, propose to Government tax and other fiscal incentives, disincentives or fees to induce or promote the proper management of the environment and natural resources or the prevention or abatement of environmental degradation.(2)Without prejudice to the generality of subsection (1) the tax and fiscal incentives, disincentives or fees may include—(a)customs and excise waiver in respect of imported capital goods which prevent or substantially reduce environmental degradation caused by an undertaking;(b)tax rebates to industries or other establishments that invest in plants, equipment and machinery for pollution control, re-cycling of wastes, water harvesting and conservation, prevention of floods and for using other energy resources as substitutes for hydrocarbons;(c)tax disincentives to deter bad environmental behaviour that leads to depletion of environmental resources or that cause pollution; or(d)user fees to ensure that those who use environmental resources pay proper value for the utilization of such resources.