ADVOKS GLOBAL · KENYA
Government Owned Enterprises Act
36. Dissolution and merger of Government Owned Enterprise
Edition: 2025-11-27 · In force
36. Dissolution and merger of Government Owned Enterprise
(1)A Government Owned Enterprise may be dissolved only with the prior approval of the Cabinet and in accordance with the legislation governing the dissolution of such Government Owned Enterprise.(2)Subject to the provisions of any law enacted for the formation, management and dissolution of a Government Owned Enterprise, a Government Owned Enterprise may be dissolved—(a)upon expiry of the lifespan of a Government Owned Enterprise as may be defined in the instrument of establishment;(b)where a Government Owned Enterprise has carried out the mandate for which it was created;(c)upon reorganization of a Government Owned Enterprise and associated government functions; and(d)upon a merger of a Government Owned Enterprise with another.(3)The Cabinet Secretary shall originate and review recommendations for dissolution and mergers of Government Owned Enterprises.(4)The Cabinet Secretary may by notice in the Gazette prescribe guidelines for dissolution and mergers of Government Owned Enterprises.(5)Upon approval by Cabinet of the recommendations to dissolve or merge a Government Owned Enterprise, the Cabinet Secretary shall cause the dissolution or merger of the Government Owned Enterprise with another and the merger shall be subject to the Competition Act (Cap. 504).