Our Mandate
Legal Mandate
The mandate of the Authority as provided by the Act includes the following:
- Licence Sacco societies to carry out deposit-taking business in accordance with this Act;
- Regulate and supervise Sacco societies;
- Hold, manage and apply the General Fund of the Authority in accordance with the provisions of this Act;
- Levy contributions in accordance with this Act;
- Do all such other things as may be lawfully directed by the Minister; and
- Perform such other functions as are conferred on it by this Act or by any other written law