The National Payment Systems (Electronic Mobile Money Transfer and Withdrawal Transactions Levy) (Amendment) Regulations, 2021

1.-(1) These Regulations may be cited as the National Payment Systems (Electronic Mobile Money Transfer and Withdrawal Transactions Levy) (Amendment) Regulations, 2021, and shall be read together with the National Payment Systems (Electronic Mobile Money Transfer and Withdrawal Transactions Levy) Regulations, 2021 hereinafter referred to as the “principal Regulations”. (2) These Regulations shall come into effect on the 1st day of September, 2021. Amendment of regulation 3 3, by-

2. The principal Regulations are amended in regulation (a) adding in the appropriate alphabetical order the following new definitions: “electronic mobile money” means electronic money whose access is through a mobile money menu or mobile application of the electronic money issuer on a user’s mobile phone and through which the user may effect payment, transfer or withdrawal and shall also include money 1 National Payment Systems (Electronic Mobile Money Transfer And Withdrawal Transactions Levy) (Amendment) GN NO. 462A(Conted) transferred or withdrawn through an approved payment system administered by a bank or financial institution which allows a bank customer to transfer or through a mobile withdraw money phone; “transfer” means mobile money from- the transfer of electronic (a) the user’s mobile money account to another mobile money account; (b) the user’s mobile money account to bank account; or (c) a bank account to bank account, but does not include transfer from a bank account to a mobile money account; “withdrawal” means withdrawal of cash from a user’s mobile money account or bank account in a payment system through a collector’s agent;” (b) deleting the definition of the term “user” and substituting for it the following: ““user” means a person who accesses a mobile money menu or bank account in the payment system on a mobile phone and through which he may effect payment, transfer or withdrawal;” Amendment of Schedule

3.-(1) The principal Regulations are amended by deleting the Schedule and substituting for it the following: 2 National Payment Systems (Electronic Mobile Money Transfer And Withdrawal Transactions Levy) (Amendment) GN NO. 462A(Conted) “SCHEDULE (Made under regulation 4) CHARGEABLE RATE FOR ELECTRONIC MOBILE MONEY TRANSFER AND WITHDRAWAL TRANSACTIONS LEVY S/N Electronic Mobile Money Transfer and Withdrawal Amount in TZS Chargeable rate in TZS

24. 3,000,001 and above 0 10 11 19 39 70 88 224 427 672 770 1,050 1,435 1,771 2,058 2,450 2,870 3,640 4,480 4,970 5,264 6,230 6,580 7,000 ” (2) Notwithstanding subregulation (1) and regulation 1(2), the rates prescribed in the principal Regulations shall continue in force during the time which collectors align the necessary systems of collection with the new rates, but in any case not later than seven days from the 1st day of September, 2021. Dodoma, 31st August, 2021 MWIGULU LAMECK NCHEMBA MADELU Minister for Finance and Planning 3