ADVOKS GLOBAL · KENYA
Technical and Vocational Education and Training Act
15. Investment of funds
Edition: 2022-12-31 · In force
15. Investment of funds
(1)The Board may invest any of its funds in securities in which for the time being trustees may by law invest in trust funds, or in any other securities which the National Treasury may, from time to time, approve for that purpose.(2)The funds to be invested may, subject to the approval of the National Treasury, be placed on deposit with such bank or banks as Board may determine, including any monies not immediately required for the purposes of the Board.