AGADVOKS GLOBALKENYA · ENGLISH
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The Capital Markets (Securities) (Public Offers, Listing and Disclosures) Regulations

20. Exceptions

Edition: 2022-12-31 · In force

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20. Exceptions

(1)These Regulations shall not apply to—
(a)securities issued by or on behalf of the Government of Kenya or a body corporate established under any written law in Kenya other than the Companies Act (Cap. 486); and
(b)private offers.
(2)In considering the issue and listing of securities by a body corporate falling under subparagraph (a) of paragraph (1), the Authority shall take into account the issuer's ability to meet all financial obligations arising out of the issue and approve the issue subject to such conditions as may be necessary for the protection of investors or the public interest.
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Source: Kenya Law