Tanzania
Board of Internal Trade Act
Chapter 103
- Published in Tanzania Government Gazette
- Commenced on 27 July 1973
- [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 Board of Internal Trade Act.2. Interpretation
In this Act unless the context otherwise requires—"appointing authority" means—(a)in relation to the Chairman and the Director-General, the President;(b)in the case of other member other than the Chairman and the Director-General, the Minister;"Board" means the Board of Internal Trade established by section 3;"Chairman" means the Chairman of the Board;"Director-General" means the Director-General of the Board;"member" means a member of the Board and includes the Chairman, Vice-Chairman and the Director-General;"Minister" means the Minister for the time being responsible for commerce;"parastatal organisation" means—(a)any body corporate established by or under any written law other than the Companies Act1;(b)any specified company;(c)any company incorporated under the Companies Act2 having not less than fifty per centum of the issued share capital of which is owned by another parastatal organisation;"specified company" means a company specified by the Minister for the purposes of this Act, by an order in the Gazette.3. Establishment of Board
4. Composition and proceedings of Board
5. Functions of Board
The functions of the Board shall be—6. Powers in relation to specified companies
7. Minister may give directions to Board
The Minister may give the Board directions of a general or specific nature and the Board shall give effect to every such direction.8. Funds of Board
The funds and resources of the Board shall consist of—9. Appointment of employees
The Board may from time to time appoint at such salaries and upon such terms and conditions as the Board may think fit, such officers and other employees of the Board as it may deem necessary for the proper and efficient conduct of the business and activities of the Board.10. Appointment of Director-General
11. Remuneration and allowances of members
The members of the Board shall be entitled to receive such remunerations, allowances and other benefits as the Minister may direct.[s. 10]12. Superannuation benefits
The Board may—13. Powers of Board to delegate
14. Annual and supplementary budget
15. Investment
With the approval of the Minister, the Board may, from time to time, invest any part of the moneys available in any fund of the Board in such manner as the Board may deem fit.[s. 14]16. Power to borrow
17. Accounts and audit
History of this document
31 July 2002 this version
Consolidation
27 July 1973
Commenced
Documents citing this one 1
Judgment 1
1. | Domina Kagaruki vs Farida F. Mbarak & Others (Civil Appeal No. 60 of 2016) [2017] TZCA 160 (19 June 2017) | 11 citations |