ADVOKS GLOBAL · KENYA
Public Finance Management Act
205. Powers of the Cabinet Secretary to make regulations
Edition: 2026-09-25 · In force
205. Powers of the Cabinet Secretary to make regulations
(1)The Cabinet Secretary may make regulations, not inconsistent with this Act respecting any matter that is necessary or convenient to be prescribed under this Act or for the carrying out or giving effect to this Act.(2)In making regulations under this Act, the Cabinet Secretary shall consult the Intergovernmental Budget and Economic Council.(3)A provision of a regulation may—(a)apply generally or be limited in its application;(b)apply differently according to different factors;(c)authorise any matter or thing to be done from time to time; or(d)do any combination of those things.(3A)Despite the generality in subsection (1), the Cabinet Secretary may make regulations for raising money by issuing a Sukuk bond which shall specify the purpose for which money may be raised.(3B)Money raised through a Sukuk bond may be raised within or outside Kenya in Kenya shillings or in any other currency or medium of exchange.(4)Regulations under subsection (1) shall not take effect unless approved by a resolution passed by Parliament.(5)Regulations approved under subsection (4) shall take effect on the day after the date on which both Houses approved them or, if a later date is specified in the regulations, on that later date.(6)If a House of Parliament does not make a resolution either approving or rejecting any regulations within fifteen sitting days after submission to it for approval, the House shall be deemed to have approved those regulations.