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Published online by Cambridge University Press: 28 July 2009
It is perhaps desirable to start off by reminding ourselves as to what generally is the law which is applicable to bankers in Kenya. We know that the sources of Kenya law as set out in the Judicature Act, 19671 are:
“;(a) the Constitution;
(b) subject thereto, all other written laws, including the Acts of Parliament of the United Kingdom, cited in Part I of the Schedule to this Act, modified in accordance with Part II of that Schedule;
(c) subject thereto and so far as the same do not extend or apply, the substance of the common law, the doctrines of equity and the statutes of general application in force in England on the 12th August, 1897, and the procedure and practice observed in courts of justice in England at that date:…”;
1 Cap. 8.
2 Cap. 488. (See Appendix III.)
3 Cap. 27.
4 Cap. 36. (See Appendix V.)
5 Cap. 1.
6 S.3.
page 53 note 1 Cap. 29.
page 53 note 2 Cap. 486.
page 53 note 3 Cap. 53.
page 53 note 4 Cap. 507.
page 53 note 5 Cap. 28.
page 53 note 6 Cap. 528.
page 53 note 7 Cap. 54.
page 53 note 8 S. 7, Cap. 37.
page 53 note 9 [1899],2 Q.B. 172
page 53 note 10 [1914] W.N. 165
page 54 note 1 Cap. 23.
page 54 note 2 Cap. 433.
page 55 note 1 Cap. 33.
page 55 note 2 Cap. 431.
page 55 note 3 [1971] E.A. 209.
page 56 note 1 [1924] 1 K.B. 461.
page 56 note 2 Cap. 88.
page 57 note 1 (1938), The Times, Nov. 25th.
page 57 note 2 (1808), 1 Camp. 258.
page 57 note 3 [1967] E.A. 702.
page 58 note 1 Ibid. p. 710.
page 58 note 2 14 K.L.R. 1.
page 58 note 3 S. 171, Cap. 433 (T.).
page 58 note 4 [1961] E.A. 178.
page 59 note 1 [1957] E.A. 122.
page 61 note 1 Ladbroke v. Todd, p. 61, n. 10.
page 61 note 2 [1963] 1 Q.B. 794.
page 62 note 1 [1964] A.C. 465.
page 62 note 2 [1966] E.A. 292.
page 62 note 3 [1951] 2 K.B. 164.
page 63 note 1 For further information on the common law on this topic see Paget's Law of Banking, 7th edn. pp. 160–168.
page 63 note 2 [1969] E.A. 76.
page 64 note 1 Act No. 10 of 1970. (See Appendix IV.)
page 64 note 2 Parry, The Law and Practice relating to Banking, p. 46.