Section 768 of The Companies Act No. 17 of 2015: Company to disclose liability limitation agreement
(1) A company that has entered into a limited liability agreement shall disclosedetails of the agreement—
(a) in the case of a company that prepares an individual financial statement—in notes to the statement;
(b) in the case of a company that prepares a group financial statement —in a manner prescribed by the regulations for the purposes of this section; or
(c) in the case of either kind of company—in the directors' report.
(2) If a company fails to comply with subsection (1), the company, and each officer of the company who is in default, commit an offence and on conviction are each liable to a fine not exceeding one million shillings.
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