Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“This Act may be cited as the Higher Education Loans Board Act.”
This Act may be cited as the Higher Education Loans Board Act. This section provides definitions for terms used in the Act such as "Board", "Commission for Higher Education", "eligible person", "Fund", "Higher education", "Loanee", "Secretary", and "student". Sets rules for Board meetings: who presides, meeting frequency, requisitioned special meetings, quorum, voting, chairperson's casting vote, minutes, and that the Board regulates its own proceedings. Establishes the Higher Education Loans Management Board as a corporate body with a seal and lists powers including suing and being sued, acquiring and disposing of property, entering contracts, borrowing and lending, and performing other acts necessary to its functions. Section 4 sets out who composes the Board, how some members are appointed, tenure of non ex officio members, grounds for vacancy, and vacancy notification duties.
02
How the instrument operates
- 01
Start with the recorded version
As at 11 Dec 2023. The date shown identifies this source expression and should not be treated as proof that no later change exists.
- 02
Locate the controlling provision
Use the provision map, part headings and full-text filter to move from the broad subject to the exact legal language.
- 03
Read conditions and exceptions together
Keep subsections, definitions, provisos and cross-references in context before drawing a legal conclusion.
- 04
Verify currency and official wording
Confirm later legislation, commencement notices and corrections with the official publisher before advice, filing or reliance.
03
Research entry points
Selected provisions across the instrument. Open any row to continue with the exact stored text.
This Act may be cited as the Higher Education Loans Board Act.
Section 1
The Board may, by resolution, delegate its powers or functions to any member, officer, employee or agent of the Board.
Section 9
The Board must not deduct more than one quarter of a loanee's basic monthly salary when making loan recovery deductions.
Section 19
The Board's financial year runs from 1 July to 30 June of the following year.
Section 28
Regulations concerning the receipt, processing and approval of applications for student loans and the granting of loans to students.
Section 37
04
Source and current-law status
Source record view
Source record from new.kenyalaw.org · As at 11 Dec 2023
The source record does not state a definitive current-law status. Check the official publisher and later amendments before relying on this text.