Proceeds of Crime and Anti-Money Laundering Act

21. Establishment of a Financial Reporting Centre

Edition: 2025-11-04 · In force

21. Establishment of a Financial Reporting Centre

There is established a centre to be known as the Financial Reporting Centre, (hereinafter referred to as the "Centre") which shall be a body corporate, with perpetual succession and a common seal and shall be capable, in its corporate name, of—

(a)suing and being sued;

(b)taking, purchasing or otherwise acquiring, holding or disposing of movable and immovable property;

(c)entering into contracts;

(d)doing or performing such other things or acts necessary for the proper performance of its functions under this Act which may lawfully be done by a body corporate.

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Source: Kenya Law