ADVOKS GLOBAL · KENYA
The Basic Education (Education Standards and Quality Assurance Council) Regulations
29. Investment of Funds
Edition: 2022-12-31 · In force
29. Investment of Funds
(1)The Council may invest any of its funds in any securities which the Cabinet Secretary may, from to time, approve for that purpose.(2)The Council may, subject to the approval of Cabinet Secretary, place on deposit with such bank or banks as the Council may determine, any monies not immediately required for the purposes of the Council.(3)Any balance of grant may be carried forward in the accounts of the Council from one year to next and be expended as the Council may determine, or be put into a reserve account of the Council.