Re-Denomination of Currency Act, 2012 (No. 8 of 2012)
ZambiaAct of Parliament2012No. No. 8 of 2012
The Re-Denomination of Currency Act, 2012 (No. 8 of 2012) is an Act of the Parliament of Zambia enacted in 2012. It contains 22 sections. Read its sections below, or ask Levy any question about the Re-Denomination of Currency Act, 2012 (No. 8 of 2012) and get an answer grounded in the Act with citations.
Sections of the Re-Denomination of Currency Act, 2012 (No. 8 of 2012)
- S. 1Short title
- S. 2Application and binding of Republic
- S. 3In this Act, unless the context otherwise requires —
- S. 4Re-denomination of Kwacha
- S. 5Prohibition of charges for exchange
- S. 6Circulation of re-denominated and existing currency
- S. 7Risk management and money laundering
- S. 8Display of prices and symbols
- S. 9Treatment of subsisting obligations
- S. 10Presentation of financial statements
- S. 11Re-denomination not to constitute basis for non-performance
- S. 12Validity of act performed under legal instrument
- S. 13Rounding off
- S. 14Accounting for rounding off differences
- S. 15Technological adaptation
- S. 16Inspections
- S. 17General offence and penalty
- S. 18Directives and guidelines by Bank
- S. 19Regulations
- S. ISection I
- S. IISection II
- S. IIISection III