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STATE CORPORATIONS ACT - Kenya Law

LAWS OF Kenya . STATE CORPORATIONS ACT. CHAPTER 446. Revised Edition 2012 [2010]. Published by the National Council for Law Reporting with the Authority of the Attorney-General [Rev. 2012] CAP. 446. STATE CORPORATIONS CHAPTER 446. STATE CORPORATIONS ACT. ARRANGEMENT OF SECTIONS. PART I PRELIMINARY. Section 1. Short title. 2. Interpretation. PART II ESTABLISHMENT AND POWERS OF STATE CORPORATIONS . 3. Establishment of STATE CORPORATIONS by the President. 4. Ministerial responsibility for STATE CORPORATIONS . 5. Powers generally of STATE CORPORATIONS . 5A. Exemption. PART III BOARDS AND MANAGEMENT OF STATE CORPORATIONS . 6. Composition of Boards. 7. Power to issue directions and to remove Board.

provident or other funds for the state corporation’s employees and their dependants. 5A. Exemption (1) Subject to subsection (2), the President may, by notice in the Gazette, exempt a state corporation, not being a state corporation established under section 3, from any of the provisions of this Act.

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