ADVOKS GLOBAL · KENYA
Retirement Benefits Act
23. Registration
Edition: 2025-06-20 · In force
23. Registration
(1)A person proposing to establish a retirement benefits scheme or to act as a manager, corporate trustee, a custodian or an administrator shall apply to the Authority for, and obtain, a certificate of registration before establishing the scheme or commencing the performance of any of the functions of a manager, corporate trustee, a custodian or an administrator.(2)An application under subsection (1) shall be—(a)addressed to the Chief Executive Officer;(b)in the prescribed form; and(c)accompanied by the prescribed fee.(3)In considering an application under this section, the Authority may request the applicant to supply such additional information as it considers necessary in determining the application.(4)The Authority may, subject to the provisions of this Act and on payment of the prescribed fee, register the applicant and issue to the applicant a certificate of registration in the prescribed form, authorising the applicant to establish a retirement benefits scheme, or to act as a manager, corporate trustee, a custodian or an administrator as the case may be.(5)A certificate issued under this section shall be subject to such conditions as the Authority may, in consultation with Cabinet Secretary, impose.