Twenty Four

Beneficial Ownership

The Companies Act, No. 17 of 2015, was amended to introduce Section 93(A) which has made it mandatory for all Companies to maintain a Register of Beneficial Owners. This amendment has been effected through the Statute Laws (Miscellaneous Amendment) Act, No.

Conversion of old LR Numbers to new Parcel Numbers

By a notice published in the Special Issue of the Kenya Gazette of 31st December 2020, the Cabinet Secretary, Ministry of Lands and Physical Planning notified the public of conversion of old land reference numbers to new parcel numbers for the first batch of properties in Nairobi.

Retirement Benefits

The Retirement Benefits Mortgage Loans (Amendment) Regulations, 2020 (hereinafter the “Amendment Regulations”) were signed into law on the 14th of September 2020 by the Cabinet Secretary for National Treasury and Planning and published by way of Legal Notice Number 192. The Amendment Regulations have introduced a raft of changes to the existing regulations. This write […]