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National Payment System Act

31. Regulations and guidelines

Edition: 2025-11-04 · In force

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31. Regulations and guidelines

(1)The Cabinet Secretary may make regulations generally for the better carrying into effect the provisions of this Act.
(2)The Central Bank may—
(a)prescribe anything which under this Act may be prescribed;
(b)subject to this Act, issue guidelines in respect of any matter relating to the administration or enforcement of this Act; and
(c)prescribe monetary fines for payment system operators, issuers of payment instruments or authorized payment service providers, which shall not exceed one million shillings.
[Act No. 19 of 2015, s. 170.]
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Source: Kenya Law