AGADVOKS GLOBALKENYA · ENGLISH
☰ Menu
Nairobi International Financial Centre Act

2. Interpretation

Edition: 2022-12-31 · In force

My notebookDiscuss your situation

2. Interpretation

In this Act, unless the context otherwise requires—"Authority" means the Nairobi International Financial Centre Authority established under section 5;“Board” means the Board of directors of the Authority constituted under section 8;“Cabinet Secretary” means the Cabinet Secretary for the time being responsible for matters relating to finance;"Centre" means the Nairobi International Financial Centre established under section 4;"Council" means the Steering Council established under section 19;"NIFC firm" means a person certified as such by the Authority under section 28(4);"person" includes a company, association or other body of persons whether incorporated or unincorporated;"regulatory authority" includes the Central Bank of Kenya, the Capital Markets Authority, the Insurance Regulatory Authority, the Retirement Benefits Authority, and the Sacco Societies Regulatory Authority or their successors thereof;"Tribunal" means the Financial Centre Tribunal established under section 35; and"qualified activity" refers to an activity designated as such by the Cabinet Secretary under section 27.
← Previous provisionNext provision →
Source: Kenya Law