Gambling Control Act

40. Security for gambling activity

Edition: 2025-08-12 · In force

40. Security for gambling activity

(1)The Authority shall require a licensee to deposit an insurance security bond or bank guarantee equivalent to cover the amounts provided in the Third Schedule.

(2)The insurance security bond or bank guarantee deposited under this section may be used by the Authority to defray a licensee’s liability, which may arise from the licensed activity.

(3)The Authority shall prescribe applicable insurance security bond or bank guarantee for a gambling activity prescribed under section 28 (2) (q).

(4)The Cabinet Secretary may by notice in the Gazette revise the Third Schedule

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Source: Kenya Law