ADVOKS GLOBAL · KENYA
Proceeds of Crime and Anti-Money Laundering Act
55A. Assets Recovery Agency Advisory Board
Edition: 2025-11-04 · In force
55A. Assets Recovery Agency Advisory Board
(1)There is established an advisory board to be known as the Assets Recovery Agency Advisory Board which shall consist of—(a)the Attorney-General, who shall be the Chairperson;(b)deleted by Act No. 10 of 2023, Sch;(c)the Principal Secretary in the Ministry responsible for finance;(d)the Governor of the Central Bank of Kenya;(e)the Director General of the National Intelligence Service;(f)the Director of Criminal Investigations;(g)the Director General of the Centre;(h)a representative of the Institute of Certified Public Accountants of Kenya;(i)a representative of the Law Society of Kenya;(j)a representative of the Estate Agents Registration Board;(k)the Agency Director-General, who shall be an ex officio member of the Advisory Board.(2)The bodies under subsection (1) (h) to (j) shall each nominate and submit to the Cabinet Secretary two names of persons of either gender.(3)The Cabinet Secretary shall appoint three persons from among the persons nominated under subsection (2).(4)In appointing the members of the Advisory Board, under subsection (1) (h) to (j), the Cabinet Secretary shall take into account gender and regional balance.(5)A person shall be eligible for appointment to the Advisory Board under subsection (1) (h) to (j) if the person—(a)holds a degree in finance, accounts, economics or law from a university recognised in Kenya; and(b)has knowledge and expertise in matters relating to money laundering, asset tracing and recovery.(6)A person appointed under subsection (1) (h) to (j) shall hold office for a period of three years and may be eligible for reappointment for one further term.