State-Owned Enterprise Act, 2026 (No. 10 of 2026)
ZambiaAct of Parliament2026No. No. 10 of 2026
The State-Owned Enterprise Act, 2026 (No. 10 of 2026) is an Act of the Parliament of Zambia enacted in 2026. It contains 62 sections. Read its sections below, or ask Levy any question about the State-Owned Enterprise Act, 2026 (No. 10 of 2026) and get an answer grounded in the Act with citations.
Sections of the State-Owned Enterprise Act, 2026 (No. 10 of 2026)
- S. 1(1) A person who, before the commencement of this Act, Staff of
- S. 2(1) Subject to the other provisions of this Act, a board may Proceedings
- S. 3(1) A person who is present at a meeting of a board or any Disclosure
- S. 4(1) A person shall not, without the consent, in writing, given Prohibition
- S. 5Government Investment Department
- S. 6Director and other staff
- S. 7Incorporation of state-owned enterprise
- S. 8Incorporation, privatisation and winding up of
- S. 9Cessation of state shareholding
- S. 10Rights of shareholder in state-owned enterprise
- S. 11Ownership rights of Minister in state-owned
- S. 12Shareholding and ownership of state-owned
- S. 13Holding company
- S. 14Responsibilities of Minister in governance of state-
- S. 15Board of state-owned enterprise
- S. 16Functions of board
- S. 17Remuneration of directors
- S. 18Chief executive officer
- S. 19Secretary and other staff
- S. 20Terms and conditions of appointment and remuneration
- S. 21Financial year
- S. 22Accounts and audit
- S. 23Financial reporting
- S. 24Quarterly reports
- S. 25Publication of information
- S. 26(1) A state-owned enterprise shall, on request by the
- S. 27(1) A board may, by resolution, make a written proposal
- S. 28(1) A board of a subsidiary shall, after making a written
- S. 29(1) A board of a state-owned enterprise shall, where a state
- S. 30Investment policy
- S. 31Dividends and distributable annual net profit
- S. 32Public interest service obligation
- S. 33Transition to commercial viability
- S. 34Non-discrimination and preferential treatment
- S. 35Financing by Government
- S. 36Exemption relating to non-discrimination and
- S. 37Strategic and business plan of state-owned enterprise
- S. 38Performance contract
- S. 39(1) A board shall, prior to the commencement of a financial Annual
- S. 40(1) The shareholders or Minister, where the Minister has
- S. 41The shareholder, or Minister, where the Minister has
- S. 42Contraction of debt by state-owned enterprise
- S. 43Exemption from provision of Act
- S. 44(1) The Department shall keep and maintain a register of Register
- S. 45(1) The Director shall, cause copies of a register, and any Publication
- S. 46An action or other proceedings shall not lie or be instituted Immunity
- S. 47Where an offence under this Act is committed by a body Offence by
- S. 48General offences
- S. 49Guidelines
- S. 50Regulations
- S. 51(1) The Self-Management Enterprises Act is repealed.
- S. IPRELIMINARY PROVISIONS
- S. IITHE GOVERNMENT INVESTMENT DEPARTMENT
- S. IIIINCORPORATION OF STATE-OWNED ENTERPRISES
- S. IVSHAREHOLDER AND OWNERSHIP RIGHTS IN A STATE-OWNED ENTERPRISE
- S. IXCOMPETITIVE NEUTRALITY
- S. VGOVERNANCE OF STATE-OWNED ENTERPRISES
- S. VIFINANCIAL PROVISIONS AND DISCLOSURE
- S. VIIRECAPITALISATION, RESTRUCTURING, INVESTMENT AND DIVIDENDS
- S. VIIIPUBLIC INTEREST SERVICE OBLIGATION
- S. XMONITORING AND EVALUATION
- S. XIGENERAL PROVISIONS