SACCO Societies Regulatory AuthorityCircularFinancial services
THE SACCO SOCIETIES (SPECIFIED NON-DEPOSIT TAKING) (LEVY) ORDER, 2023
2 Nov 2023SASRA guidelines and circularsLEGAL NOTICE NO. 178
The brief
other
- Issued by
- JACK RANGUMA, Chairperson, Sacco Societies Regulatory Authority; PETER NJUGUNA, Chief Executive Officer, Sacco Societies Regulatory Authority
- Who it affects
- A Sacco society undertaking a specified non-deposit taking business
- What changed
- A Sacco society undertaking a specified non-deposit taking business shall pay to the Authority an annual levy to be known as the Annual Sacco Societies Levy at the rate prescribed in the Schedule.
- Amounts
- KES 6,000,000.00 — the maximum levy payable under this Order
- Action required
- pay to the Authority an annual levy to be known as the Annual Sacco Societies Levy