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Privatization Act, 2005 🇰🇪


REPUBLIC OF KENYA

Privatization Act, 2005

Act 2 of 2005

  • Assented to on 13 October 2005
  • Commenced on 1 January 2008
  • [This is the version of this document from 1 January 2008.]
An Act of Parliament to provide for the privatization of public assets and operations, including State corporations, by requiring the formulation and implementation of a privatization programme by a Privatization Commission to be established by this Act and for related purposes

1. Short title

This Act may be cited as the Privatization Act, 2005.

2. Definitions

(1)In this Act, unless the context otherwise requires—“Cabinet Secretary” means the Cabinet Secretary for the time being responsible for finance;“Commission” means the Privatization Commission established under section 3;“County Government” means the county government established by Article 176(1) of the Constitution;“Executive Director” means the Executive Director of the Commission appointed under section 10;“Minister” means Cabinet Secretary;“privatization” means …

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