Knowledge Quality Report
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Finance · Mombasa County Assembly
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NUKE has analysed this document and prepared it for structured search and AI retrieval.
Knowledge Units
934
Structured sections prepared
Words Analysed
48,689
Approximate content size
Pages
-
Detected or estimated
Status
Active
Document lifecycle
Active
Document lifecycle
Structure Detected
Chapters
0
Parts
11
Articles
4
Sections
219
Readiness
✓ Search Ready
✓ Citation Ready
✓ AI Retrieval Ready
Advanced: View Knowledge Units
Knowledge Unit #171
23 words
18. The National Treasury to administer the Equalisation Fund
(1) The National Treasury shall administer the Equalisation Fund in accordance
with Article 204 of the Constitution.
Knowledge Unit #172
58 words
(2) The National Treasury shall keep the Equalisation Fund in a separate
account maintained at the Central Bank of Kenya and shall—
(a) transfer into that Equalisation Fund all revenues payable into the Fund
under Article 204(1) of the Constitution; and
(b) transfer from that Equalisation Fund, without undue delay, all money
for purposes specified in Article 204(2) of the Constitution.
Knowledge Unit #173
16 words
(3) The National Treasury shall ensure that the Equalisation Fund Account is
not overdrawn at any time.
Knowledge Unit #174
40 words
(4) Where a withdrawal from the Equalisation Fund is authorised under an Act
of Parliament that approves the appropriation of money, the National Treasury shall
make a requisition for the withdrawal and submit it to the Controller of Budget for
approval.
Knowledge Unit #175
52 words
(5) The approval by the Controller of Budget of a withdrawal from the
Equalisation Fund, together with written instructions from the National Treasury
requesting for the withdrawal, shall be sufficient authority for the Central Bank of
Kenya to pay amounts from the Equalisation Fund Account in accordance with the
approval and instructions given.
Knowledge Unit #176
39 words
(6) Any unutilised balances in the Equalisation Fund shall not lapse at the end
of the Financial year, but shall be retained for use for the purposes for which the
Equalisation Fund was established.
24
[Rev. 2020]
Public Finance Management
No. 18 of 2012
Knowledge Unit #177
25 words
19. Source of the Contingencies Fund
The Contingencies Fund shall consist of monies appropriated from the
Consolidated Fund by an appropriation Act in any financial year.
Knowledge Unit #178
15 words
20. Cabinet Secretary to administer the Contingencies Fund
(1) The Cabinet Secretary shall administer the Contingencies Fund.
Knowledge Unit #179
30 words
(2) The permanent capital of the Contingencies Fund shall not exceed ten billion
shillings or such other amount as may be prescribed by the Cabinet Secretary with
the approval of Parliament.
Knowledge Unit #180
51 words
(3) The Cabinet Secretary shall keep the Contingencies Fund in a separate
account, maintained at the Central Bank of Kenya and shall pay—
(a) into that account all monies appropriated to the Contingencies Fund
by an appropriation Act; and
(b) from the Contingencies Fund, without undue delay, all advances
made under section 21.