TripleOKLaw

Renice Midar-Nyalik

Senior Associate, Real Estate & Banking

LEGAL ALERT: Conversion of Land Reference Numbers to New Parcel Numbers

Background Section 6 of the Land Registration Act, 2012, empowers the Cabinet Secretary Ministry of Lands and Physical Planning in consultation with the national and county governments to constitute, limit or vary land registration units which are to be identified in unique and distinctive names or blocks. In exercise of these powers, on 22nd November …

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LEGAL ALERT: Stamp Duty (Valuation of Immovable Property) Regulations, 2020

Under Section 119 of Stamp Duty Act, the Cabinet Secretary for National Treasury and Planning has powers to prescribe regulations to operationalize various provisions of the Act. The Cabinet Secretary for National Treasury and Planning recently prescribed the Stamp Duty (Valuation of Immovable Property) Regulations, 2020; (‘the Regulations’) which took effect immediately. The objective of …

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LEGAL ALERT: Payment of Stamp Duty and Capital Gains Tax

Further to our recent highlight on The Business Laws Amendment Act 2020 which is aimed at enhancing the ease of doing business in the country, we write to inform you that the Government of Kenya has announced further reforms aimed at simplifying the payment of stamp duty. The Kenya Revenue Authority (KRA) through a Public …

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LEGAL ALERT: The Business Laws (Amendment) Act 2020

In a very much interconnected world (the current COVID19 epidemic notwithstanding), countries must be able to analyze comprehensive quantitative data to compare business regulation environments across economies and be competitive. That competition requires more efficient regulation and in turn, offers measurable benchmarks for reform. The studies carried out by the World Bank provide data on …

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The Physical and Land Use Planning Act, 2019 and its Implication on Developers

The Physical and Land Use Planning Act, 2019 was assented to on 16th July 2019 and commenced on the 5th August 2019. It repeals the Physical Planning Act, 1996. The Act is the principal law on physical and land use planning. It is intended to make provision for the planning, use, regulation and development of …

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