Bank of Zambia Act
ZambiaAct of Parliament
The Bank of Zambia Act is an Act of the Parliament of Zambia. It contains 72 sections. Read its sections below, or ask Levy any question about the Bank of Zambia Act and get an answer grounded in the Act with citations.
Sections of the Bank of Zambia Act
- S. 1S hort title
- S. 2I nterpretati on
- S. 3E stablishment of the Bank
- S. 4F unctions of the Bank
- S. 5P owers of the Minister
- S. 6C apital
- S. 7P rofit and Loss
- S. 8G eneral reserve fund and other funds
- S. 9P olicy Statement
- S. 10G overn or
- S. 11D eputy Governors
- S. 12B oards of Directors
- S. 13C ompositi on of Board
- S. 14T enure of office
- S. 15D isqualifications
- S. 16P roceedings of Board
- S. 17S eal of the Bank
- S. 18C ommittees of Board
- S. 19I mmunity of Directors
- S. 20C onflict of interest and disclosure of interest
- S. 21S taff of the Bank
- S. 22O ath or declarati on of secrecy
- S. 23P rohibiti on of publicati on or disclosure of informati on to unauthorised persons
- S. 24F inancial year
- S. 25B ooks of account
- S. 26A udit of accounts
- S. 27A nnual report
- S. 28R eports on monthly assets and liabilities
- S. 29C urrency of the Republic
- S. 30R ight to issue currency
- S. 31D enominations of notes and coins, etc.
- S. 32M inting and issue
- S. 33L egal tender
- S. 34P owers of rec all
- S. 35E xchange of notes and coins
- S. 36L ost and mutilated notes and coins
- S. 37C ounterfeit notes and coins
- S. 38P enalty f or mutilati on of currency
- S. 39I nternational reserves
- S. 40O perations in gold and foreign exchange
- S. 41M inimum Liquidity ratios and reserve requirements
- S. 42A ccounts f or banks and other financial institutions, etc.
- S. 43B ank rates of interest f or discounts, rediscounts and advances
- S. 44C learing facilities
- S. 45B anker, fiscal agent and adviser to Government
- S. 46D epository of Government funds
- S. 47M anagement of Government loans
- S. 48A gency functions
- S. 49A dvances to Government
- S. 50L imitati on on lending to Government
- S. 51D epository and fiscal agency f or international financial organisations
- S. 52T ransactions in government securities
- S. 53P rohibited business
- S. 54R ight to c all f or informati on
- S. 55I nspecti on
- S. 56E xemptions from taxes, etc.
- S. 57R egulations
- S. 58P roperty
- S. 59R estricti on on executi on against property and assets of the Bank
- S. 60F ees and recovery of expenses
- S. 61E xempti on from Banking and Financial Services Act
- S. 62S avings
- S. 63R epeal of the Bank of Zambia Act, 1985 and the Currency Act
- 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