Environmental Management and Co-ordination (Deposit Bonds)(No. 2) Regulations, 2025
17. Liability on transfer.
17. Liability on transfer.
The transferee as well as the transferor of an undertaking set out in the First Schedule shall be liable for all liabilities and the observance of all obligations imposed by the transfer in respect of the operation transferred, but the transferor shall not be responsible for any future liabilities or any obligations so imposed with regard to the operation from the date of the transfer.Source: Kenya Law