Startup Bill, 2021

Startup Bill, 2021

Proposed Provision for Amendment Proposed Amendment Our Comments Preamble Long Title The Bill proposes a law to provide for the framework to encourage growth and sustainable technological development and new entrepreneurship; employment; to create a more favourable environment for innovation; to attract Kenyan talents and capital; and for connected purposes. The proposed law seeks to
The Petroleum Products’ (Taxes and Levies) (Amendment) Bill, 2021

The Petroleum Products’ (Taxes and Levies) (Amendment) Bill, 2021

Proposed Provision for Amendment Proposed Amendment Our Comments Preamble The long title The Bill proposes to introduce an amendment act to amend various petroleum products’ taxes and levies related laws, restructure the management of Petroleum Development Fund, and ensure all regulations relating to taxes whether negative or positive are approved by the National Assembly. The
The Kenya Deposit Insurance (Amendment) Bill, 2020

The Kenya Deposit Insurance (Amendment) Bill, 2020

Proposed Provision for Amendment Proposed Amendment Our Comments Section 28 (1) of the KDI Act, 2012 Deletion & Substitution: The Bill proposes to amend by deleting the subsection providing for “one hundred thousand shillings” as amended vide Gazette Notice No. 159 of 2020 to “five hundred thousand shillings” and substituting it with “Kenya shillings one
The National Hospital Insurance Fund (Amendment) Bill, 2021

The National Hospital Insurance Fund (Amendment) Bill, 2021

Proposed Provision for Amendment Proposed Amendment Our Comments Title The Bill proposes to amend the title to the Act by adding the establishment of the National Health Scheme to the objects of the Act. This increased functionality is aimed at ensuring that the National Health Insurance Fund (the Fund) makes significant efforts at attaining Universal
Registration of Business Names (Amendment) Bill, 2021

Registration of Business Names (Amendment) Bill, 2021

Proposed Provision for Amendment Proposed Amendment Our Comments 2 a) Including the following definitions: “address” has the same meaning as assigned under the Companies Act; “alternate address” means an address used by a proprietor of a business that is not his primary address; “board” means the Board of Directors established under section 5 of the
Movable Property Securities (Amendment) Bill, 2021

Movable Property Securities (Amendment) Bill, 2021

Proposed Provision for Amendment Proposed Amendment Our Comments 19 Insertion of subsection 2A, which states that the Registrar shall be the Registrar of Companies appointed under section 831 of the Companies Act, 2015. Deletion of subsection 3 meaning that the Board of Service will not be the body to appoint the Registrar and the other