Article 231 of The Constitution of Kenya: Central Bank of Kenya.

    

(1) There is established the Central Bank of Kenya.
(2) The Central Bank of Kenya shall be responsible for formulating monetarypolicy, promoting price stability, issuing currency and performing other functions conferred on it by an Act of Parliament.
(3) The Central Bank of Kenya shall not be under the direction or control ofany person or authority in the exercise of its powers or in the performance of its functions.
(4) Notes and coins issued by the Central Bank of Kenya may bear images thatdepict or symbolise Kenya or an aspect of Kenya but shall not bear the portrait of any individual.
(5) An Act of Parliament shall provide for the composition, powers, functions and operations of the Central Bank of Kenya.


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

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