President Uhuru Kenyatta signs Finance Bill into law

Kenya: President Uhuru Kenyatta has assented to the Finance Bill, 2014 passed by Parliament on August 28.

The President also signed into law The Victim Protection Act, 2014 that gives effect to Article 50(9) of the Constitution.

The two Bills were presented to the President for signature at State House, Nairobi by the Speaker and Clerk of the National Assembly Justin Muturi and Justin Bundi respectively.

The Finance Act 2014, which amends sections of the Constitution relating to taxes and their applications, covers Income Tax, Value Added Tax, Customs and Excise and Taxation of Extractive Industries.

The Victim Protection Act, 2104 caters for protection of victims of crime and abuse of power and provides them with better information and support services.

The Act also provides for reparation and compensation to victims and special protection for vulnerable groups.

The objectives of the Act are to recognise the rights of victims of crime, protect their dignity and promote cooperation among all government departments.