ADVOKS GLOBAL · KENYA
The Counter-Trafficking in Persons (National Assistance Trust Fund for Victims of Trafficking in Persons) Regulations
7. Powers of the Board of Trustees
Edition: 2022-12-31 · In force
7. Powers of the Board of Trustees
(1)The Board of Trustees shall subject to the law relating to Trustees exercise all the powers necessary for the proper performance of its responsibilities under the Act.(2)Without prejudice to the generality of paragraph (1), the Board may—(a)acquire, control, and supervise the funds and assets of the Fund in a manner that best promotes the objects for which the Fund is established;(b)formulate such policies and guidelines as may be necessary for the proper operations and management of the Fund and for any other matter concerning the Fund;(c)receive grants, gifts, donations or endowments and make legitimate disbursements from the Fund;(d)approve contracts, undertakings and other activities otherwise undertaken in the name of the Fund;(e)invest only such percentage of any funds of the Fund not immediately required for its purposes in the manner prescribed by the Cabinet Secretary responsible for matters relating to finance;(f)open and operate an account in the name of the Fund with a reputable bank, registered building society, or any reputable and registered financial institutions as provided in the Trustee Act (Cap. 167);(g)carry out its functions in consultation with the Advisory Committee; and(h)exercise such other powers as may be conferred upon the Board of Trustees by the Act or any other written law.