The Capital Markets (Investment-Based Crowdfunding) Regulations

9. Grant of a license

Edition: 2022-12-31 · In force

9. Grant of a license

(1)The Authority shall, if satisfied that the applicant has met all the requirements for licensing and upon payment of the fees set out in the Third Schedule, grant a licence to operate as a crowdfunding platform operator.

(2)The crowdfunding platform operator shall be required to pay an annual regulatory fee as set out in the Third Schedule.

(3)A licence granted shall remain valid unless suspended or revoked by the Authority as specified under regulation 11.

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Source: Kenya Law