So it papers particularly is targeted on the fresh new amendments delivered towards the Banking Act because of the area 17 of your said Banking (Amendment) Operate (Work No nine out-of 2006) by advantage of which a unique section, Part 44A, is included. It part, simpliciter, constraints the level of attention that may accrue towards the prominent sum/mortgage lent so you can a borrower. No matter if not expressly taken to, it point introduces the fresh new in duplum code inside Kenya. (Find Deepen Shah, “Kenyan Financial Rules – Releasing this new From inside the duplum signal” offered at ilfr1000/standard.asp?page=22fcindex=6508countryID=91. Continue reading dos. The brand new Amendment (Financial (Amendment) Act, 2006 (Work Zero nine away from 2006) area 17)