AGADVOKS GLOBALKENYA · ENGLISH
☰ Menu
The Central Bank of Kenya (Currency Handling) Regulations

2. Interpretation

Edition: 2022-12-31 · In force

My notebookDiscuss your situation

2. Interpretation

In these Regulations, unless the context otherwise requires—"cash" means Kenya currency in form of either printed notes or minted coins of any denomination issued by the Bank for current use, and includes all notes and coins previously issued by the Bank;"cash defacement devices" means a security device fitted in a cash in transit box, approved by the Bank and intended to indelibly stain notes to achieve instant recognition that they have been stolen and to render them worthless;"cash in transit box" means a box fitted with cash defacement devices;"cash in transit client" means any person using the services of a licensed cash in transit operator;"cash in transit operator" means a person engaged in the business of transportation of cash; and"dye-stained bank notes" means notes that have been dye-stained by cash defacement device, approved by the Bank, as a result of an accidental discharge or through a triggered explosion in circumstances of attempted or actual security breach.
← Previous provisionNext provision →
Source: Kenya Law