Kenya Deposit Insurance Act

62. Holding out as a member

Edition: 2022-12-31 · In force

62. Holding out as a member

(1)No person shall hold himself out to be a member of the Fund or in any way represent that he is insured under this Act.

(2)Any person who contravenes the provisions of subsection (1) commits an offence and is liable to a fine not exceeding one million shillings or to imprisonment for a term not exceeding three years or to both and shall in addition be liable to a fine not exceeding fifty thousand shillings for every day the contravention continues.

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Source: Kenya Law