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  1. SACCO SOCIETIES ACT [Date of assent: 24th December, 2008.] [Date of commencement: 26th September, 2009.] AN ACT of Parliament to make provision for the licensing, regulation, supervision and promotion of Sacco societies, to establish the Sacco Societies Regulatory Authority and for connected purposes [Act No. 14 of 2008, Legal Notice 153 of ...

  2. 25 lut 2022 · Acts & Regulations. These are the primary statutes that governs the operation of the Authority as well as licensing, authorization, supervision and regulations of SACCO Societies in Kenya. It also includes implied statutes.

  3. (1) A Sacco Society shall apply for renewal of a licence at least ninety days before the expiry of its operating licence in respect of its head office and any other place of business. (2) Where Sacco societies amalgamate, the amalgamated Sacco Society shall be

  4. 20 cze 2022 · PUBLIC CAUTION AGAINST UNDERTAKING REGULATED SACCO BUSINESS WITH UNAUTHORIZED ENTITIES; Communique of the 14th Retreat of the Joint Financial Sector Regulators Forum

  5. The Sacco Societies Regulatory Authority (SASRA) established under the Sacco Societies Act 2008 with the responsibility to license Saccos to undertake Deposit Taking business and to supervise and regulate Sacco Societies.

  6. 27 sty 2024 · The Cooperative Societies Act is the primary legislation that governs SACCOs in Kenya. Enacted to provide a legal structure for cooperative societies, this act outlines the formation, registration, and operations of SACCOs.

  7. According to Part II of the SACCO Societies Act 2008 Kenya, an authority is established to regulate and manage SACCO societies. This authority is called SACCO Societies Regulatory Authority (SASRA). How do SACCOs operate in Kenya?

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