ADVOKS GLOBAL · KENYA
The Capital Markets (Coffee Exchange)(Fees) Regulations, 2024
4. Transaction fees
Edition: 2025-02-07 · In force
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).