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Contracts in Restraint of Trade Act, 1932 πŸ‡°πŸ‡ͺ

Kenya

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REPUBLIC OF KENYA

Contracts in Restraint of Trade Act, 1932

Act 40 of 1932

  • Commenced on 31 December 1932
  • [This is the version of this document from 31 December 1932.]
An Act of Parliament to make lawful certain contracts in restraint of trade

1. Short title

This Act may be cited as the Contracts in Restraint of Trade Act.

2. Contracts in restraint of trade

Any agreement or contract which contains a provision or covenant whereby a party thereto is restrained from exercising any lawful profession, trade, business or occupation shall not be void only on the ground that the provision or covenant is therein contained:Provided thatβ€”
(i)the High Court shall have power to declare the provision or covenant to be void where the court is satisfied that, having regard to the nature of the profession, trade, business or occupation concerned, and the period of time and the area within which it is expressed to apply, and to all the circumstances of the case, the provision or covenant is not reasonable either …

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