Public Debt Management Act
ZambiaAct of Parliament
The Public Debt Management Act is an Act of the Parliament of Zambia. It contains 60 sections. Read its sections below, or ask Levy any question about the Public Debt Management Act and get an answer grounded in the Act with citations.
Sections of the Public Debt Management Act
- S. 1Short title
- S. 2Interpretati on
- S. 3Government debt management objectives
- S. 4Medium Term Debt Strategy
- S. 5Establishment of Debt Management Office
- S. 6Functions of Debt Management Office
- S. 7Direct or and other staff
- S. 8Annual borrowing pl an
- S. 9Review of annual borrowing pl an
- S. 10Update on implementati on of annual borrowing pl an
- S. 11Power to raise loans
- S. 12Purpose of loans
- S. 13Methods of raising loans
- S. 14Suspensi on of approval by National Assembly in state of emergency
- S. 15Establishment of Special Deposit Account
- S. 16Applicati on and deposit of lo an proceeds
- S. 17Supplier’s credit, export credit and finance lease agreement
- S. 18Repayment, conversi on and consolidati on of loans
- S. 19Debt charge
- S. 20Agents to issue or raise bonds, stock or treasury bills
- S. 21Power to grant loans out of Consolidated Fund
- S. 22Borrowing by public body
- S. 23Loans by public body requiring National Assembly approval
- S. 24Reporting requirements f or public body
- S. 25Establishment of sinking funds f or redempti on of bonds or stock
- S. 26Establishment of sinking funds in other cases
- S. 27Contributi on to sinking fund
- S. 28Withdrawal of money from sinking fund
- S. 29Deficiency in sinking fund to be charged on Consolidated Fund
- S. 30Regulations f or sinking funds
- S. 31Power to give guarantees
- S. 32Approval of guarantee by National Assembly
- S. 33Payment of guarantee fee
- S. 34Maximum amount of guarantees
- S. 35Beneficiary to reimburse all costs
- S. 36Indemnities
- S. 37Guarantees and indemnities to be paid out of the Consolidated Fund
- S. 38Power to raise grants
- S. 39Purpose of grants
- S. 40Debt sustanability analys is
- S. 41Debt statistical bullet in
- S. 42Annual public debt, guarantees and grants executi on report
- S. 43General restricti on on raising of loans
- S. 44Minister and other pers on not responsible f or fulfilment of trusts
- S. 45Minister may delegate functions to public officer
- S. 46Financial misconduct by public officer or controlling body
- S. 47Disciplinary proceedings
- S. 48Offence by principal officer, shareholder or partner of body corporate
- S. 49Regulations
- S. 50Repeal of Cap. 366 and Cap. 350 and Savings and transitional
- S. ISection I
- S. IISection II
- S. IIISection III
- S. IVSection IV
- S. IXSection IX
- S. VSection V
- S. VISection VI
- S. VIISection VII
- S. VIIISection VIII
- S. XSection X