AGADVOKS GLOBALKENYA · ENGLISH
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The Companies (Beneficial Ownership Information) Regulations

9. Effect of restriction

Edition: 2023-10-19 · In force

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9. Effect of restriction

The effect of a restriction issued under regulation 7 respect to a relevant interest is as follows—
(a)any transfer of the interest is void;
(b)no rights are exercisable in respect of the interest;
(c)no shares may be issued in right of the interest or in pursuance of an offer made to the interest-holder;
(d)no payment may be made of sums due from the company in respect of the interest.
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Source: Kenya Law