151 THE PUBLIC FINANCE MANAGEMENT (AMENDMENT) ACT, 2020 No.
13 of 2020 Date of Assent: 9th July, 2020 Date of Commencement: 27th July, 2020 AN ACT of Parliament to amend the Public Finance Management Act, 2012 ENACTED by the Parliament of Kenya, as follows 1.
This Act may be cited as the Public Finance Short title.
Management (Amendment) Act, 2020.
The Public Finance Management Act, 2012 is Amendment of amended in section 24 by deleting subsection (2A) and section 24 of No.
substituting therefor the following new subsection 18 of 2012.
(2A) Notwithstanding the provisions of subsection (1), the Parliamentary Service Commission may, with the approval of the National Assembly, establish the following public funds (a) Parliamentary Mortgage (Members) Scheme Fund; (b) Parliamentary Mortgage (Staff) Scheme Fund; (c) Parliamentary Car Loan (Members) Scheme Fund; (d) Parliamentary Car Loan (Staff) Scheme Fund; and (e) Parliamentary Catering Fund.
for purposes of Parliament or a House of Parliament.