AGADVOKS GLOBALKENYA · ENGLISH
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The Bandari Maritime Academy Order

19. Investment of funds

Edition: 2022-12-31 · In force

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19. Investment of funds

(1)The Board may invest any of the funds of the Academy which are not immediately required for its purposes in such securities as the National Treasury may, from time to time, approve.
(2)The Board may place on deposit with such bank or banks as it may determine any moneys not immediately required for the purposes of the Academy.
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Source: Kenya Law