Short summary of the new PBO Act.
🚀 New Regulatory Landscape for Public Benefit Organizations in Kenya! 🚀 We're excited to share that the Public Benefit Organizations Act, 2013 (PBO Act) has officially come into force as of May 14, 2024! This marks a pivotal moment for NGOs and other public benefit organizations operating in Kenya. 🌍 Our latest blog post dives deep into the PBO Act's key features, highlighting crucial areas such as: Registration Requirements: Detailed steps for local PBOs, International NGOs, and International Organizations. Governance and Accountability: New standards for transparent financial reporting and adherence to a code of conduct. Transitional Provisions: Ensuring a smooth transition from the previous NGO Coordination Act of 1990. We also explore the major differences between the new PBO Act and the previous NGO Coordination Act, including improvements in regulatory oversight and streamlined registration processes. Read the full article to understand how these changes might affect your organization and what steps you need to take to comply with the new regulations. 👉 https://lnkd.in/eAGZT2_T #PublicBenefitOrganizations #NGO #Kenya #LegalUpdate #Compliance #Governance #CommunityDevelopment For personalized legal assistance, feel free to reach out to our experts at Colossus Consultancy. We're here to help you navigate this new regulatory landscape! 📞 Contact us at +254735288000 or 📧 admin@colosssusconsult.org Stay informed and compliant! 💼🌐