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Political Parties (Staff Mortgage and Car Loan Scheme) Regulations, 2017 🇰🇪

Kenya

REPUBLIC OF KENYA

Political Parties Act, 2011

Legal Notice No. 294

Political Parties (Staff Mortgage and Car Loan Scheme) Regulations, 2017

  • Commenced on 2 May 2025
  • [This is the version of this document from 2 May 2025.]

Part I – PRELIMINARY

1. Citation

These Regulations may be cited as the Political Parties (Staff Mortgage and Car Loan Scheme) Regulations.

2. Interpretation

In these Regulations, unless the context otherwise requires—"borrower/applicant" means the Registrar of Political Parties or a member of staff of the Office of the Registrar of Political Parties in receipt of a loan out of the Scheme;"Committee" means the Staff Mortgage and Car Loan Advisory Committee established under regulation 7 of these Regulations;"equity release" means a loan facility to assist property owners to obtain cash from value of their residential property;"financial year" means the period of twelve months ending on the 30th June of each year;"fund accountability statement" means the basic financial statement …

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