Public Finance Management Act
91. Definitions for purposes of sections 86, 87, 88 and 89
91. Definitions for purposes of sections 86, 87, 88 and 89
For the purposes of sections 86, 87, 88 and 89—(a)“government-linked corporation” means a corporation in which the national government or national government entity is a shareholder with less than fifty percent of the share capital of the corporation; and(b)“invest” means any form of funding provided to a state corporation, including providing share capital, loans, guarantees, grants or subsidies.Source: Kenya Law