ADVOKS GLOBAL · KENYA
Nairobi International Financial Centre Act
26. Restriction on carrying out qualified activities
Edition: 2022-12-31 · In force
26. Restriction on carrying out qualified activities
(1)A person shall not conduct any qualified activity as an NIFC firm or hold itself out as such unless that person is certified by the Authority under this Act.(2)A person who contravenes the provisions of subsection (1) commits an offence and is liable on conviction to a fine not exceeding ten million shillings or to imprisonment for a term not exceeding five years or to both.(3)Where the offence is committed by a body corporate, the body corporate shall be liable on conviction to a fine not exceeding ten million shillings.