Kenya - 2012 - Finance

Kenya Deposit Insurance Act (Revised Edition 2016 [2014])

Kenya, The National Treasury and Planning

An Act of parliament to provide for the establishment of a deposit insurance system and for the receivership and liquidation of deposit taking institutions, to provide for the establishment of the Kenya deposit insurance corporation and for connected purposes. It establishes a corporation known as the Kenya deposit insurance corporation. The object and purpose for which the corporation is established is to provide a deposit insurance scheme for customers of member institutions and to receive, liquidate and wind-up any institution in respect of which the corporation is appointed receiver or liquidator in accordance with this Act.

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Kenya Deposit Insurance Act (Revised Edition 2016 [2014]) Current Version

January 2022

An Act of parliament to provide for the establishment of a deposit insurance system and for the receivership and liquidation of deposit taking institutions, to provide for the establishment of the Kenya deposit insurance corporation and for connected purposes. It establishes a corporation known as the Kenya deposit insurance corporation. The object and purpose for which the corporation is established is to provide a deposit insurance scheme for customers of member institutions and to receive, liquidate and wind-up any institution in respect of which the corporation is appointed receiver or liquidator in accordance with this Act.

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