This is the latest version of this Act.
Collections
Related documents
Ask AI
Ask questions and understand this document faster using AI.
Tanzania
College of Business Education Act
Chapter 315
- Published in Tanzania Government Gazette
- Commenced on 7 August 1965
- [This is the version of this document at 31 December 2023.]
- [Note: This legislation was revised and consolidated as at 31 July 2002 and 30 November 2019 by 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. All subsequent amendments have been researched and applied by Laws.Africa for TANZLII.]
- [Amended by Written Laws (Miscellaneous Amendments) (No. 3) Act, 2010 (Act 2 of 2010) on 26 March 2010]
- [Amended by Written Laws (Miscellaneous Amendments) (No. 3) Act, 2020 (Act 6 of 2020) on 19 June 2020]
- [Amended by College of Business Education (Amendment of Schedule) Order, 2021 (Government Notice 1 of 2022) on 7 January 2022]
Part I – Preliminary provisions
1. Short title
This Act may be cited as the College of Business Education Act.2. Interpretation
In this Act, unless the context otherwise requires—“College” means the College of Business Education;“College year” means such period of twelve months as the Governing Body may determine;“committee” means any committee formed by the Governing Body pursuant to section 7(2);“financial year” means the period of twelve months commencing on the first day of July in any year unless the Governing Body determines any other period of twelve months under section 15;“Governing Body” means the Governing Body of the College established by section 5;“member”, in relation to the Governing Body, includes the Chairman;“Minister” means the Minister responsible for industry and trade; and“Rector” means the Rector of the College appointed under section 9(1);[Acts Nos. 17 of 1968 s. 2; 38 of 1974 s. 2; 6 of 2020 s. 9]3. College
The College shall be governed and administered in accordance with the provisions of this Act.4. Functions of College
Part II – Establishment of Governing Body
5. Establishment and incorporation of Governing Body
6. Composition and tenure of Governing Body
7. Functions of Governing Body
8. Directions by Minister
The Minister may give the Governing Body directions of a general or specific character and the Body shall, subject to the provisions of this Act, give effect to such directions.[s. 6A][Act No. 6 of 2020; s. 14]9. Appointment and functions of Rector
Part III – Financial provisions
10. Vesting of assets
On the coming into operation of this Act, there shall vest in the Governing Body, by virtue of this section and without further assurance—11. Management of assets
All the funds, assets and property, movable and immovable of the College shall be managed and utilised by the Governing Body in accordance with the provisions of this Act in such manner and for such purposes as, in the opinion of the Governing Body, will promote the best interests of the College.[s. 8]12. Funds of College
The funds of the College shall consist of—13. Borrowing powers
The Governing Body may borrow sums required by it for meeting any of its obligations or for the purpose of carrying out any of its functions, and may charge all or any of its assets including movable and immovable property to secure such sums.[s. 10]14. Investment
The Governing Body may invest such part of the funds of the College as are not required for the carrying out of the functions of the Governing Body.[s. 11]15. Annual estimates
16. Accounts and audit
Part IV – Miscellaneous provisions
17. Rules
18. Members of Governing Body not personally liable
A member of the Governing Body shall not be personally liable for any act or thing done or omitted to be done by him as such in good faith and without negligence for purposes of the College.[s. 15]History of this document
31 December 2023 this version
Chapter 315
Revised Laws 2023
Consolidation
07 January 2022
19 June 2020
26 March 2010
31 July 2002
07 August 1965
Commenced
Subsidiary legislation
|
Title
|
|
|---|---|
| Government Notice 365 of 2024 | |
| Government Notice 101 of 2022 |