Kenyan legislation

The Capital Markets (Coffee Exchange)(Fees) Regulations, 2024

Edition: 2025-02-07 · In force

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1. Citation

These Regulations may be cited as the Capital Markets (Coffee Exchange) (Fees) Regulations, 2024.

2. Interpretation

In these Regulations, unless the context otherwise requires—“broker” has the meaning assigned to it under regulation 2 of the Capital Markets (Coffee Exchange) Regulations;“buyer’’ has the meaning assigned to it under regulation 2 of the Capital Markets (Coffee Exchange) Regulations;“coffee exchange” has the meaning assigned to it under regulation 2 of the Capital Markets (Coffee Exchange) Regulations;“coffee sales proceeds” means monetary consideration received at the direct settlement system in exchange for clean coffee sold at a coffee exchange or, where applicable, through direct sales;“direct settlement system” means a banking facility provided by a commercial bank regulated by the Central Bank of Kenya for the clearing and settlement of coffee proceeds; and“member” means any person who has been admitted as a member of a coffee exchange.

3. Object of the Regulations

The object of these Regulations is to provide for—

(a)the maximum fees payable for coffee sold at a coffee exchange; and

(b)the annual membership fees payable by members of a coffee exchange to the exchange.

4. Transaction fees

(1)A fee not exceeding one-point-eight per cent of the gross value of coffee sold at a coffee exchange shall be deducted from the coffee sales proceeds through the direct settlement system by the coffe exchange.

(2)The coffee exchange shall, through the direct settlement system, apportion the fee deducted under subregulation (1) within twenty-four hours of receipt of the funds from the buyer in the proportions set out in the First Schedule.

(3)The Authority may direct the coffee exchange to remedy or mitigate the effect of any breach of subregulation (2).

5. Membership fees

A member of a coffee exchange shall pay an annual membership fee to the coffee exchange at the rate specified in the Second Schedule.

Source: Kenya Law · Imported 4 October 2026