AGADVOKS GLOBALKENYA · ENGLISH
☰ Menu
The Central Bank of Kenya (Foreign Exchange Bureau) (Penalties) Regulations

5. Instructions on payment of penalty

Edition: 2022-12-31 · In force

My notebookDiscuss your situation

5. Instructions on payment of penalty

Following the notification and expiration of the timeframe in regulation 4(2), or sooner if advised by the foreign exchange bureau or a person of the correction of the violation, the Bank shall instruct the foreign exchange bureau or that person, in writing, of the penalties assessed and the manner in which such monies shall be paid to the Bank.
← Previous provisionNext provision →
Source: Kenya Law