ADVOKS GLOBAL · KENYA
The Companies (General) Regulations
27. Payments made by or to which person to be shown
Edition: 2022-12-31 · In force
27. Payments made by or to which person to be shown
(1)For the purposes of this Division, an amount shown in the notes to the financial statements of a company in relation to the information prescribed by this Part is to include all relevant sums, whether paid by or receivable from the company or its subsidiary undertaking or any other person.(2)In this Division, a reference to a payment to or receivable by a director includes—(a)a payment to or receivable by a connected entity of the director; and(b)a payment to a person made or to be made at the direction of, or for the benefit of, the director or a connected entity of the director.(3)In this Division, a reference to a payment by a person includes a payment by another person made at the direction of, or on behalf of, the person.