Kenya Deposit Insurance Act

63. False statements

Edition: 2022-12-31 · In force

63. False statements

Any person who prepares, signs, or approves in any—

(a)account, statement, return, report or other document required to be submitted to the Corporation under this Act that he knows or has reason to believe is false, or contains false or misleading information; or

(b)deleted by Act No. 39 of 2013, s. 16,

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.[Act No. 39 of 2013, s. 16.]

← Previous provision Next provision →

Source: Kenya Law