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Brokers Act, 1930 🇰🇪

Kenya

Table of Contents

REPUBLIC OF KENYA

Brokers Act, 1930

Act 56 of 1930

  • Commenced on 24 December 1930
  • [This is the version of this document from 24 December 1930.]
An Act of Parliament to make provision for the licensing and control of the businesses of brokers, money-changers and goldsmiths and silversmiths.

1. Short title

This Act may be cited as the Brokers Act.

2. Interpretation

In this Act “licensing authority” means the person or authority so appointed for purposes of this Act.

3. Licence required

(1)No person shall carry on the trade of a broker, money-changer, goldsmith or silversmith, save as hereinafter provided.
(2)A person desirous of carrying on any of the trades mentioned in subsection (1) shall first obtain a licence from the licensing authority of the district in which he intends to trade, and shall pay such fee as the Minister may, by order, prescribe in respect of that trade.
(3)The licensing authority may refuse to grant a licence without assigning any reason but shall record reasons for the informa…

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