ADVOKS GLOBAL · KENYA
Proceeds of Crime and Anti-Money Laundering Act
42. Annual estimates
Edition: 2025-11-04 · In force
42. Annual estimates
(1)At least three months before the commencement of each financial year, the Centre shall cause to be prepared estimates of the revenue and expenditure of the Centre for that year.(2)The annual estimates shall make provision for all the estimated expenditure of the Centre for the financial year and in particular, the estimates shall provide for—(a)the payment of salaries, allowances and other charges in respect of the staff of the Centre;(b)the payment of pensions, gratuities and other charges in respect of the staff of the Centre;(c)the proper maintenance of the buildings and grounds of the Centre;(d)the maintenance, repair and replacement of the equipment and other property of the Centre.(3)The annual estimates shall be approved by the Board before the commencement of the financial year to which they relate and shall be submitted to the Cabinet Secretary for approval and after the Cabinet Secretary’s approval, the Centre shall not increase the annual estimates without the consent of the Cabinet Secretary.