Kenya National Examinations Council Act

21. Funds of the Council

Edition: 2022-12-31 · In force

21. Funds of the Council

(1)The funds of the Council shall consist of—

(a)such moneys or assets as may accrue to or vest in the Council in the course of the exercise of its powers or the performance of its functions under this Act;

(b)such moneys as may be payable to the Council pursuant to this Act or any other written law;

(c)such gifts as may be given to the Council;

(d)such moneys as may be appropriated by Parliament for the purposes of the Council; and

(e)all moneys from any other source provided or donated to the Council.

(2)All the funds of the Council and the balance at the end of each financial year shall be retained by the Council for the purposes for which the Council is established and shall, for that purpose, establish a reserve account.

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Source: Kenya Law