Loans and Guarantees (Authorisation) Act
ZambiaAct of Parliament
This Act has been repealed.It was replaced by Public Debt Management Act. Read this one for the law as it stood, not as it is now.
The Loans and Guarantees (Authorisation) Act is an Act of the Parliament of Zambia. It contains 40 sections. Read its sections below, or ask Levy any question about the Loans and Guarantees (Authorisation) Act and get an answer grounded in the Act with citations.
Sections of the Loans and Guarantees (Authorisation) Act
- S. 1S hort title
- S. 2A pplication
- S. 3P ower to raise loans
- S. 4(1) The amount of all loans raised under this Act for a period of not more than Application of loans
- S. 5D ebt charges
- S. 6M ethods of raising loans
- S. 7M inister to determine terms, etc., of loans
- S. 8F unctions of Bank of Zambia
- S. 9(1) Whenever any bonds or stock are issued in respect of a loan raised under Establishment of
- S. 10E stablishment of sinking funds in other cases
- S. 11A nnual contribution to sinking fund
- S. 12D eficiency in sinking fund to be charged upon general revenues
- S. 13P ower of Minister to give directions in respect of sinking funds
- S. 14P ower to give guarantees
- S. 15M aximum amount of guarantees
- S. 16I ndemnities
- S. 17G uarantees and indemnities to be paid out of general revenues
- S. 18A pplication of Part V to previous guarantees and indemnities
- S. 19I nformation relating to guarantees to be included in financial report
- S. 20P ower to grant loans out of cash balances
- S. 21P ower to grant loans out of general revenues
- S. 22For the purposes of this Part, any loan granted by the Government to any Application of Part VI
- S. 23I nformation relating to loans granted by Government to be included in financial
- S. 24M inister or other persons not responsible for fulfilment of trusts attaching to
- S. 25T rust funds
- S. 26P ower of Minister when National Assembly not sitting
- S. 27Section 27
- S. 28R egulations
- S. 29G eneral restriction on raising of loans
- S. 30D eath of holder
- S. 31I nformation as to stock or bonds account
- S. 32The Government, the registrar, and any person acting under his authority, shall Indemnity
- S. 33S aving of rights of third parties
- S. ISection I
- S. IISection II
- S. IIISection III
- S. IVSection IV
- S. VSection V
- S. VISection VI
- S. VIISection VII