Tanzania
Investment in Tanganyika Government Securities Act
Chapter 359
- Published in Tanzania Government Gazette
- Commenced on 9 December 1961
- [This is the version of this document at 31 July 2002.]
- [Note: This legislation has been thoroughly revised and consolidated under the supervision of the Attorney General's Office, in compliance with the Laws Revision Act No. 7 of 1994, the Revised Laws and Annual Revision Act (Chapter 356 (R.L.)), and the Interpretation of Laws and General Clauses Act No. 30 of 1972. This version is up-to-date as at 31st July 2002.]
1. Short title
This Act may be cited as the Investment in Tanganyika Government Securities Act.2. Interpretation
In this Act "Consolidated Fund" means the Consolidated Fund of the Government of the United Republic.3. Application
This Act shall apply to all securities heretofore or hereafter created or issued on behalf of the Government of Tanganyika—4. Provisions for payment of money due to stockholders
5. Certificate of paying agent
A certificate specifying the sum paid under order of any such court as aforesaid to satisfy the final judgment, decree, rule or order and issued by the agent in the United Kingdom of the Government of Tanganyika authorised to make the payment shall be sufficient authority to the Controller and Auditor-General or other officer having the auditing of the accounts of the agent for passing the sum without further appropriation.6. Certain legislation to be agreed with the United Kingdom Government
Legislation which appears to Her Majesty's Government in the United Kingdom to alter any of the provisions affecting Tanganyika Government securities to the injury of their holders or to involve a departure from the original contract in regard to those securities, shall not become law except after agreement with Her Majesty's Government in the United Kingdom, and if attention is drawn to that legislation after it is passed, the Government of Tanganyika will take the necessary steps to ensure any amendment which may be requested by Her Majesty's Government in the United Kingdom.7. Repeal of R.L. Cap. 256
[Repeals the Trustee Investment in Tanganyika Government Securities Ordinance]History of this document
31 July 2002 this version
Consolidation
09 December 1961
Commenced