Agreements relating to natural resource

(1)A transaction is subject to ratification by Parliament if it—

(a)involves the grant of a right or concession by or on behalf of any person, including the national government, to another person for the exploitation of any natural resource of Kenya; and

(b)is entered into on or after the effective date.

(2)Parliament shall enact legislation providing for the classes of transactions subject to ratification under clause (1).