Kenya Roads Act

32. Borrowing power

Edition: 2025-08-26 · In force

32. Borrowing power

(1)Subject to subsection (2), an Authority may borrow money required by it for the exercise of its functions and for meeting its obligations after approval by the Cabinet Secretary and the Cabinet Secretary responsible for finance.

(2)The approval under subsection (1) may be either general or limited to a particular transaction and may be either unconditional or subject to conditions.

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Source: Kenya Law