ADVOKS GLOBAL · KENYA
Public Finance Management Act
119. Banking arrangements for county government and its entities
Edition: 2026-09-25 · In force
119. Banking arrangements for county government and its entities
(1)The County Treasury is responsible for authorising the opening, operating and closing of bank accounts for the county government and its entities, except as otherwise provided by other legislation and in accordance with regulations made under this Act.(2)As soon as practicable, each County Treasury shall establish a Treasury Single Account at the Central Bank of Kenya or a bank approved by the County Treasury through which payments of money to and by the various county government entities are to be made.(3)The Treasury Single Account shall not be operated in a manner that prejudices any entity to which funds have been disbursed.(4)An accounting officer for a county government entity shall not cause a bank account of the entity to be overdrawn beyond the limit authorised by the County Treasury or a Board of a county government entity, if any.(5)A County Treasury shall keep complete and current records of all bank accounts for which it is responsible under the Constitution, this Act or any other legislation.(6)Subject to subsection (3), an accounting officer who authorises the bank account of a county government entity to be overdrawn is liable for the full cost of the overdrawn amount, in addition to any other disciplinary measures that—(a)the County Executive Committee member for finance may impose under section 156; or(b)any other relevant authority may impose under the provisions of any other legislation.