AGADVOKS GLOBALKENYA · ENGLISH
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Kenya Medical Training College Act

16. Investment of funds

Edition: 2022-12-31 · In force

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16. Investment of funds

(1)The Board of Directors may invest any of the funds of the College in securities in which for the time being trustees may by law invest trust funds or in any other securities which the National Treasury may from time to time approve for the purpose.
(2)The Board of Directors may place on deposit with such bank or banks as it may determine any moneys not immediately required for the purposes of the College.[Act No. 5 of 2019, Sch.]
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Source: Kenya Law