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Industrial and Commercial Development Corporation Act, 1954 🇰🇪

Kenya

Table of Contents

REPUBLIC OF KENYA

Industrial and Commercial Development Corporation Act, 1954

Act 63 of 1954

  • Assented to on 21 December 1954
  • Commenced on 15 February 1955
  • [This is the version of this document from 15 February 1955.]
An Act of Parliament to establish a corporation to be known as the Industrial and Commercial Development Corporation for facilitating the industrial and economic development of Kenya

1. Short title

This Act may be cited as the Industrial and Commercial Development Corporation Act.

2. Interpretation

In this Act—“Corporation” means the Industrial and Commercial DevelopmentCorporation established by section 3;“director” means a person appointed as a director under section 4.

3. Establishment and functions of Corporation

(1)There is hereby established a corporation to be known as the Industrial and Commercial Development Corporation, for the purposes of facilitating the industrial and economic development of Kenya by the initiation, assistance or expansion or by aiding in the initiation,…

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