ADVOKS GLOBAL · KENYA
Kenya Institute for Public Policy Research and Analysis Act
20. Annual estimates
Edition: 2022-12-31 · In force
20. 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 financial year.(2)The annual estimates shall make provision for all estimated expenditure of the Institute for the financial year concerned, and in particular shall provide for—(a)the payment of the salaries, allowances and other charges in respect of the officers, members of staff, or agents of the Institute;(b)the payment of the pensions, gratuities and other charges in respect of retirement benefits payable to the members of staff of the Institute;(c)the proper maintenance of the buildings and grounds of the Institute;(d)the proper maintenance, repair and replacement of the equipment and other movable property of the Institute; and(e)the creation of such reserve funds to meet future or contingent liabilities in respect of retirement benefits, insurance, replacement of buildings or equipment, or in respect of such other matters as the Board may deem fit.(3)The annual estimates shall be approved by the Board before the commencement of the financial year to which they relate and, once approved, the sum provided in the estimates shall be submitted to the Cabinet Secretary for approval.(4)No expenditure shall be incurred for the purposes of the Institute except in accordance with the annual estimates approved under subsection (3), or in pursuance of an authorisation of the Board given with prior written approval of the Cabinet Secretary, and the Principal Secretary for the National Treasury.