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Public Finance Management (State Officers House Morgage Scheme Fund) Regulations, 2015 🇰🇪

Kenya

REPUBLIC OF KENYA

Public Finance Management Act, 2012

Legal Notice No. -

Public Finance Management (State Officers House Morgage Scheme Fund) Regulations, 2015

  • Commenced on (exact date unavailable)
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1. Citation and commencement

These Regulations may be cited as the Public Finance Management (State Officers House Mortgage Scheme Fund) Regulations.

2. Interpretation

In these Regulations, unless the context otherwise requires—"borrower" means a person in receipt of a loan out of the Fund;"state officer” shall have the meaning ascribed in Article 260 of the Constitution and shall not include a state officer who is covered by any public housing mortgage scheme;"equity release" means a loan that allows the home owner to access equity in his or her home without having to sell it for purposes of improving it;"committee" means the Advisor…

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