The Companies Act No. 17 of 2015Section 779 of The Companies Act No. 17 of 2015: Cabinet Secretary’s power to require eligible person to provide certain information
(1) The Cabinet Secretary may, by notice, require a person eligible forappointment as a statutory auditor to provide such information as that Secretary may reasonably require for the purposes of this Part.
(2) The Cabinet Secretary may require information given under this section tobe provided in a specified form, or verified in a specified manner, within a specified period.
(3) A person who fails to comply with a notice under this section within thespecified period, or within such extended period as the Cabinet Secretary may allow, ceases to be eligible for appointment as a statutory auditor.
(4) A person who, in purported compliance with a notice given under subsection (1), provides information that the person knows, or ought reasonably to know, is false or misleading commits an offence and on conviction is liable to a fine not exceeding one million shillings or to imprisonment for a term not exceeding two years, or to both.
Check the current authoritative text and amendment history before relying on this provision.
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