Local Manufactures (Export Compensation) Act
2. Interpretation
2. Interpretation
In this Act, unless the context otherwise requires—“appointed dealer” means an authorized dealer appointed under section 3 to pay compensatory payments on behalf of the Commissioner;“authorised dealer” means a person who is authorised under the Exchange Control Act (Cap. 113) to deal in foreign currency;“Commissioner” means the person for the time being having charge of the Customs and Excise Department;“compensatory payment” means a payment provided for by section 3;“eligible goods” deleted by Act No. 4 of 1993, s. 34(a);“export” means to take or cause to be taken out of Kenya by air, land or water, and includes a supply to an export processing zone;“export processing zone” means an export processing zone designated under the Export Processing Zones Act (Cap. 517);“Foreign Currency” means currency other than that of Kenya;“originating in Kenya”, in relation to goods, means that those goods—(a)have been produced wholly in Kenya; or(b)have been produced in Kenya and the total value of imported materials, or materials of undetermined origin, which have been used at any stage in the production of the goods does not exceed seventy percent of the ex-factory value of the goods.[Act No. 8 of 1978, s. 11, Act No. 10 of 1986, s. 28, Act No. 10 of 1990, s. 34, Act No. 4 of 1993, s. 34(a).]Source: Kenya Law