Tanzania
Tanzania Investment Bank (Repeal and Transitional Provisions) Act
Chapter 81
- Published in Tanzania Government Gazette
- Commenced on 1 July 2001
- [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 Tanzania Investment Bank (Repeal and Transitional Provisions) Act.2. Interpretation
In this Act, unless the context requires otherwise—"assets" means real and personal property of every kind, including—(a)rights under contract and agreement;(b)books, books of accounts and records;(c)all other rights, interest and claims in or to, real or personal property, whether liquidated or unliquidated, certain or contingent, accrued or accruing;"the Bank" means the Tanzania Investment Bank;"the Company" means the company incorporated in pursuance of the provisions of section 3;"the effective date" means the day 1st of July, 2001;"liabilities" means all obligations under contract or agreement, including savings and deposits of all kinds;"Minister" means the Minister for the time being responsible for finance;"the transition" means the period of not less than six months commencing from the effective date.3. Establishment of the Company
4. Objects and functions of the Company
The objects of the Company shall include—5. Vesting of assets and liabilities of the Bank
6. The transition
7. Provision regarding employees of the Banks
8. Repeal of Act No. 20 of 1970
[Repeals the Tanzania Investment Bank Act.]History of this document
31 July 2002 this version
Consolidation
01 July 2001
Commenced
Cited documents 0
Documents citing this one 2
Legislation 2
1. | Production Development Funds Act | 2 citations |
2. | Industrial Promotion and Development Fund Act | 1 citation |