ADVOKS GLOBAL · KENYA
Kenya Maritime Authority Act
15. Business plan
Edition: 2022-12-31 · In force
15. Business plan
(1)The Authority shall prepare a business plan at least ninety days before the beginning of every financial year to be approved by the Cabinet Secretary.(2)The business plan shall—(a)include a statement of the short and medium term operational and business objectives of the Authority for at least five years;(b)outline the strategies and policies that the Authority intends to adopt in order to achieve its objectives; and(c)include, inter alia, an operational plan, a financial plan, a human resources plan and performance indicators.(3)The financial plan shall include estimates of expenditure and revenues for the following financial years.(4)The Authority may amend the business plan with the Cabinet Secretary’s approval.(5)The Cabinet Secretary’s approval under subsection (1) or (4) shall have effect from the beginning of the financial year concerned.(6)If the Cabinet Secretary fails to grant written approval of the business plan or to direct any changes within sixty days after the submission for approval, the business plan shall be deemed to have been approved by the Cabinet Secretary.