Guarantee (High Commission Railways and Harbours Loans) (Supplementary Provisions) Act

L. D.VTh \\) F
LAWS OF KENYA
The Guarantee (High Commission Railways
and Harbours Loans) (Supplementary
Provisions) Ordinance A C -(
CHAPTER 457
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LIBRARY 0<z- 0
2 ACC. No
-- DATE RECEIVED
A, I R 0 0`
Revised Edition 1962
Printed and Published by the Government Printer
Nairobi

457
Q-1 64-
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LIBRARY 0<z- 0
2 ACC. No
-- DATE RECEIVED
A, I R 0 0`
Revised Edition 1962
Printed and Published by the Government Printer
Nairobi

Guarantee (High Commission Railways and Harbours
2 CAP. 457 Loans) (Supplementary Provisions) [Rev. 1962
CHAPTER 457
5 of 1955. THE GUARANTEE (HIGH COMMISSION RAILWAYS
AND HARBOURS LOANS) (SUPPLEMENTARY
PROVISIONS) ORDINANCE* k/
Short title. det 4 Ins_
Commencement : 8th March, 1955
An Ordinance to provide for matters supplemental to the
provisions of the Guarantee (High Commission Railways
and Harbours Loans) (No. 2) Ordinance Fl
(
1. This -Oidirtattee may be cited as the Guarantee (High
Commission Railways and Harbours Loans) (Supplementary
Provisions) Ordinance. Pr ,2. In this w
"the Act of 1951" means the Loan (Railways and
Harbours) (1951) Act of the High Commission;
Interpretation. Cap. 14 (1951). 7 of 1952. "the Act of 1952" means the Loan (Railways and
Harbours) Act, 1952, of the High Commission;
"approved instrument" means any instrument which has
been approved by resolution of the Legislative Council
whether before or after the commencement of this Ordinance
and includes any instrument required to be executed by any
such instrument as aforesaid;
"High Commission (Railways and Harbours Loans)
securities" has the meaning assigned to that expression by the
Cap. 456.

such instrument as aforesaid;
"High Commission (Railways and Harbours Loans)
securities" has the meaning assigned to that expression by the
Cap. 456.

Guarantee (High Commission Railways and Harbours Loans)
(No. 2) Ordinance. * By virtue of the East African Common Services Organization
(Adaptation of Laws) (No. 2) Order, 1962 (L.N. 153/1962 and L.N. 176 /1962)—
(a) the references in thisOrd nail—I-a—to securities of the High
Commission (meaning thereby the loan securities of the High
Commission) are to be read and construed as if they also
included references to the loan securities of the Authority;
and subject thereto 1)! (b) the references in this Ordunanci e to the High Commission are,
in respect of any time or period commencing on or after
the 8th December, 1961, to be read and construed as if they
were references to the Authority.

in respect of any time or period commencing on or after
the 8th December, 1961, to be read and construed as if they
were references to the Authority.

Guarantee (High Commission Railways and Harbours
Rev. 1962] Loans) (Supplementary Provisions) CAP. 457 3
Power of
Governor to
execute binding
instruments. 3. (1) The Governor is hereby empowered to execute
any approved instrument relating directly or indirectly to any
loan authorized to be raised by the High Commission under
the authority of the Act of 1951 or the Act of 1952 or relating
to the purposes for which any such loan is so authorized to be
raised. (2) Any approved instrument executed by the Governor
in pursuance of this section shall be valid and binding in all
respects upon the Government and every other party thereto,
and to the extent to which any moneys are required to meet
the obligations of the Government under any such approved
instrument they shall constitute a charge on the general
revenues and funds of Kenya. C
4. The provisions of this ocw. na*ee shall be supple-
mental to the provisions of the Guarantee (High Co ission
Railways and Harbours Loan) (No.

ya. C
4. The provisions of this ocw. na*ee shall be supple-
mental to the provisions of the Guarantee (High Co ission
Railways and Harbours Loan) (No.

2) 6, and
nothing contained in this Or(tnee or in any approved
instrument e ecuted by the Governor in pursuance of section
3 of this shall be construed as prejudicially affecting
any holder of any of the High Commission (Railways and
Harbours Loans) securities. Saving. Cap. 456.

4.