Sports Act

11. Funds of Sports Kenya

Edition: 2022-12-31 · In force

11. Funds of Sports Kenya

The funds of Sports Kenya shall comprise—

(a)such moneys as may be appropriated by Parliament for purposes of Sports Kenya;

(b)such moneys, revenue or assets as may accrue to or vest in the Board of Sports Kenya in the course of the exercise of its powers or the performance of its functions under this Act or under any other written law;

(c)an amount out of the Fund for the promotion of and development of sports;

(d)funds accruing from investments made by Sports Kenya;

(e)such gifts, grants, loans or donations, made with the approval of the Cabinet Secretary and the Cabinet Secretary responsible for finance, to Sports Kenya; and

(f)money from any other source received by Sports Kenya in the performance of its functions under this Act.

[L.N. 92/2013, Sch, Act No. 7 of 2019, s. 4.]

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Source: Kenya Law