Kenya Industrial Research and Development Institute Act

34. Annual estimates

Edition: 2024-12-27 · In force

34. Annual estimates

(1)At least three months before the commencement of each financial year, the Board shall cause to be prepared estimates of the revenue and expenditure of the Institute for that year which shall be submitted to the Cabinet Secretary for approval.

(2)The annual estimates shall make provision for all the estimated expenditure of the Institute for the financial year, and in particular, the estimates shall provide for—

(a)the payment of salaries, allowances and other charges in respect of the employees of the Institute;

(b)the payment of pensions, gratuities and other charges in respect of the employees of the Institute;

(c)monies to fund basic and applied industrial research programmes; and

(d)the proper maintenance of the buildings and grounds of the Institute.

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Source: Kenya Law