Section 980 of The Companies Act No. 17 of 2015: Appointment and termination of appointment of local representation

    

(1) Within one month after a registered foreign company has appointed a person as a local representative of the company in Kenya, the company shall lodge with the Registrar for registration a notice of the appointment, specifying the person’s name and residential address and such other particulars (if any) as are prescribed for the purposes of this section.
(2) Subsection (1) does not apply to the appointment of a person as a local representative of a registered foreign company if particulars of that appointment are contained in the company's application for registration under this Part.
(3) Within one month after a person who is a local representative of a registered foreign company has died, resigned or otherwise ceased to hold office as such, the company shall lodge with the Registrar for registration a notice to the effect that the person has ceased to be a local representative of the company in Kenya.
(4) Within one month after a local representative of a registered foreign company has changed his or her residential address in Kenya, the company shall lodge with the Registrar for registration a notice giving details of the change.
(5) If a registered foreign company fails to comply with subsection (1), (3) or (4), 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 two hundred thousand shillings.
(6) If, after a foreign company or an officer of the company is convicted of an offence under subsection (5), the company fails to lodge the required notice with the Registrar, the company, and each officer of the company who is in default, commit a further offence on each day on which the contravention continues and on conviction are each liable to a fine not exceeding twenty thousand shillings for each such offence.


Disclaimer: This document is not to be taken as legal advise.

Enhance Your Research with Bookmarks and Annotations

Here's how you can use these features:

  • To bookmark this page, click the "Bookmark this Page" button below the document title.
  • To add an annotation, highlight text in the document and select "Add Annotation" from the toolbar that appears.
  • These features are great for organizing your research and keeping track of key information.
  • You can view and manage your bookmarks and annotations on your Bookmarks and Annotations page.

Cited By:



More Sections