KENYA GAZETTE SUPPLEMENT NO. 95

By David F.K. Mpanga,Ernest Wiltshire Monday, April 23, 2012
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Introduction of Sacco Societies Deposit Levy Order, 2010 came into operation on the 1st January 2011. A levy will now be payable on the deposits held in deposit-taking Sacco Societies at the rate of 0.15% of the total deposits held as indicated in the last audited accounts, subject to a maximum deposit levy of Kenya shillings six million, five hundred thousand (KES 6,500,000) only.

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