ADVOKS GLOBAL · KENYA
Export Processing Zones Act
11. General fund and annual budget of the Authority
Edition: 2023-07-01 · In force
11. General fund and annual budget of the Authority
(1)The Authority shall have its own general fund.(2)There shall be paid into the general fund—(a)all such sums of money as may be paid as fees under this Act; and(b)all such sums of money as may be received by the Authority for its operations from any other source.(3)There shall be paid out of the Fund all such sums of money required to defray the expenditure incurred by the Authority in the exercise, discharge and performance of its objectives, functions and duties under this Act.(4)The annual budget of the Authority shall be subject to approval by the Treasury and any funds generated in the general fund in excess of the amounts deemed appropriate by the Cabinet Secretary shall be paid into the Consolidated Fund.