Following the commencement of the Regulations, the Authority proposes to make an Order to be known as the Sacco Societies (Specified Non-Deposit Taking Business) (Levy) Order pursuant to section 15 of the Sacco Societies Act. The Authority has therefore prepared a Regulatory Impact Statement (RIS) to assess the impact of the Levy Order on the Non-Withdrawable Deposit Taking SACCOs (Non-WDT-SACCOs) and their members to be shared with the stakeholders’ during the consultation process. Click the download button below to access the Regulatory Impact Statement and Proposed Levy Order for more details and to provide feedback.
