WebJan 5, 2024 · SACCO Societies Act designs the framework under which SACCOs in Kenya are registered and governed. The act was passed on 24th December 2008 and … WebIn 2008, the government of Kenya introduced SACCO Society Regulatory Authority (SASRA) legislation's to streamline operations of the SACCO sector after continued complaints of...

SACCO SOCIETIES ACT NO. 14 OF 2008 – SACCO …

Web(Amendment) Act, 2004 herein after referred to as "The Act" and Sacco Societies Act . b) Comply with the Sacco Societies Act c) Any question concerning interpretation of any matter arising out of these By‐laws shall be dealt with as matter arising out of the Act or the Rules made thereunder. 5. OBJECTS The objects for which the Society is ... WebSASRA SACCO Society Regulatory Authority SACCO Savings and credit cooperative society ... Cooperative Ordinance Act of 1945, the predecessor of the current cooperative Societies Act Cap 490 of the law of Kenya as amended in 1977. SACCOs are registered and regulated under the. and credit cooperative societies. Meru County, Kenya. societies. Research convert cmyk to pantone pms

SACCO SOCIETIES ACT - P&C Kamunya

WebThese include banks, insurance companies, securities markets, pension schemes and savings and credit cooperative societies (SACCOs) among others.1These sub sectors are regulated by different statutory bodies which include the Insurance Regulatory Authority,2Retirement Benefits Authority,3Capital Markets Authority4and Sacco Societies … WebPursuant to Section 24 of the Sacco Societies Act as read with Regulations 2010, all SACCO Societies are required to obtain a valid license from the Authority to undertake Deposit Taking Sacco Business. The forms and documents for an application for a Deposit Taking license maybe obtained from here. WebCorporate governance is the backbone of transparency, accountability, integrity and security of shareholders’ interest in an organization. An organization with poor corporate governance structure is likely to fail to achieve its objectives as well as convert cn to n/mm2