Gold Trade Act
ZambiaAct of Parliament
This Act has been repealed.It was replaced by Gold (Repeal) (No. 12 of 2015). Read this one for the law as it stood, not as it is now.
The Gold Trade Act is an Act of the Parliament of Zambia. It contains 26 sections. Read its sections below, or ask Levy any question about the Gold Trade Act and get an answer grounded in the Act with citations.
Sections of the Gold Trade Act
- S. 1This Act may be cited as the Gold Trade Act. Short title
- S. 2I nterpretation
- S. 3No person, except as is in this Act enacted, shall have in his possession or shall Prohibition on dealing
- S. 4Nothing contained in section three shall prevent or prohibit a registered location Saving as to location
- S. 5A uthorised persons only to deal with other authorised persons
- S. 6Any licensed or authorised dealer in gold in any way dealing in gold otherwise Forfeiture of licence
- S. 7P rohibition on importation of gold except through customs ports of entry
- S. 8P rocedure by person so importing
- S. 9B urden of proof as to licence or authority
- S. 10S toppage in transit of any package believed to contain gold unlawfully dealt
- S. 11P owers of search
- S. 12Should any gold seized or taken under the provisions of this Act be ordered to Forfeiture of gold
- S. 13No person who, by the order in writing of any court, shall sell any gold seized Saving as to sale of
- S. 14D isposal of fines, etc.
- S. 15P ersons liable for acts or omissions
- S. 16L icences to deal in gold
- S. 17For every licence to deal in gold, other than a licence to be a gold broker or Fees and details of
- S. 18G old Broker's licence
- S. 19F orfeiture of licence when obtained by misrepresentation
- S. 20Any banker, assayer, or owner of metallurgical works may be authorised by the Power to authorise
- S. 21P ermits to buy or sell gold
- S. 22P enalties
- S. 23Every licensed gold dealer and every holder of a permit shall be bound to Production of licence,
- S. IPRELIMINARYPART I
- S. IIDEALING IN GOLDPART II
- S. IIILICENCESPART III