ADVOKS GLOBAL · KENYA
Proceeds of Crime and Anti-Money Laundering Act
52. Definitions applicable to Parts VI-XII
Edition: 2025-11-04 · In force
52. Definitions applicable to Parts VI-XII
(1)In Parts VI to XII, except where it is inconsistent with the context or clearly inappropriate, any reference to—(a)a person who holds property shall be construed as a reference to a person who has any interest in the property, and—(i)if the estate of that person has been sequestrated, also to the trustees of his estate; or(ii)if the person is a company or other legal entity which is being wound up, also to the liquidator thereof;(b)a person who transfers property to another person shall be construed as a reference to a person who transfers or grants to any other person any interest in the property;(c)anything received in connection with an offence shall be construed as a reference also to anything received as a result of and in connection with the commission of that offence.(2)For the purposes of Parts VI to XII, a person will have benefited from an offence if that person has at any time, whether before or after the commencement of this Act, received or retained any proceeds of crime.