ADVOKS GLOBAL · KENYA
Investment and Financial Analysts Act
2. Interpretation
Edition: 2022-12-31 · In force
2. Interpretation
(1)In this Act, unless the context otherwise requires—“annual licence” means an annual licence issued pursuant to section 24;"Cabinet Secretary” means the Cabinet Secretary for the time being responsible for matters relating to finance;"Capital Markets Authority” means the Authority established under section 5 of the Capital Markets Act (Cap. 485A);"Chairperson” means the Chairperson of the Institute, and includes a person appointed under paragraph 2 of the First Schedule to act as Chairperson;“Council” means the Council of the Institute established under section 9;“Disciplinary Committee” means the Committee established under section 27;"Examinations Board” means the Kenya Accountants and Secretaries National Examinations Board established under section 14 of the Accountants Act (Cap. 531);“firm” means a sole proprietorship or partnership or a registered company established by members in practice;“Institute” means the Institute of Certified Investment and Financial Analysts established by section 3;“practising certificate” means a practising certificate issued pursuant to section 23;"Register” means the register kept pursuant to section 18;"Registration Committee” means the Registration Committee established under section 13 of this Act; and"securities exchange” means a market, exchange, securities organization or other place at which securities and investments are offered for sale, purchase or exchange, including any clearing, settlement or transfer services connected therewith.(2)For the purpose of this Act—(a)a person is registered if his name is recorded in the register pursuant to section 18 of this Act;(b)a person is not registered if he does not seek registration or if his registration is cancelled and particulars of the cancellation are recorded in the register pursuant to section 19 of this Act; and(c)a person is registered if the fact of the restoration of his registration is recorded in the pursuant to section 18(1)(d) of this Act.