Zambia Act or statute

Zambia legislation

Gwembe District Special Fund (Dissolution) Act, 1968

asset compositionasset managementasset transferfund administrationfund dissolutionfund establishmentfund managementgrants

Jurisdiction: Zambia
Structure: 6 provisions
Citation: Act 5 of 1968
Dates: Source version 31 Dec 1996

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Dates: Source version 31 Dec 1996

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“This section gives the Act its short title: the Gwembe District Special Fund (Dissolution) Act.”

This section gives the Act its short title: the Gwembe District Special Fund (Dissolution) Act. This section defines “the Fund” and “the Order” for use in the Act, unless the context otherwise requires. This provision establishes a fund called the Gwembe Rural Council Fund. When the Act starts, all money and other assets in the Gwembe District Special Fund transfer to the Minister, and the Fund is dissolved. This section says what money and assets make up the Fund.

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Source version 31 Dec 1996. The date shown identifies this source expression and should not be treated as proof that no later change exists.
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Short title ........................................................................................................................................................................................................... 1

This section gives the Act its short title: the Gwembe District Special Fund (Dissolution) Act.

Section 1

Interpretation .................................................................................................................................................................................................... 1

This section defines “the Fund” and “the Order” for use in the Act, unless the context otherwise requires.

Section 2

Transfer of assets of Gwembe District Special Fund ......................................................................................................................... 1

When the Act starts, all money and other assets in the Gwembe District Special Fund transfer to the Minister, and the Fund is dissolved.

Section 4

Moneys payable into the Fund .................................................................................................................................................................. 1

This section says what money and assets make up the Fund.

Section 5

Administration of the Fund ......................................................................................................................................................................... 2

The Minister administers the Fund and may use it for grants to the Gwembe Rural Council, including for water supply in the Gwembe Rural Area.

Section 6

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Source record from zambialii.org · Source version 31 Dec 1996

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Showing 6 of 6 provisions

Commencement 3Short titleInterpretationProvision

§ 1Short title ........................................................................................................................................................................................................... 1Short title

This section gives the Act its short title: the Gwembe District Special Fund (Dissolution) Act.

1. Short title This Act may be cited as the Gwembe District Special Fund (Dissolution) Act.

Section 1Verify source

§ 2Interpretation .................................................................................................................................................................................................... 1Interpretation

This section defines “the Fund” and “the Order” for use in the Act, unless the context otherwise requires.

2. Interpretation In this Act, unless the context otherwise requires— "the Fund" means the Gwembe Rural Council Fund; "the Order" means the Zambia (Gwembe District) Orders, 1959 and 1964. [App. 9]

Section 2Verify source

§ 3Establishment of Gwembe Rural Council Fund ................................................................................................................................... 1Provision

This provision establishes a fund called the Gwembe Rural Council Fund.

3. Establishment of Gwembe Rural Council Fund There is hereby established a Fund which shall be known as the Gwembe Rural Council Fund.

Section 3Verify source

§ 4Transfer of assets of Gwembe District Special Fund ......................................................................................................................... 1Commencement

When the Act starts, all money and other assets in the Gwembe District Special Fund transfer to the Minister, and the Fund is dissolved.

4. Transfer of assets of Gwembe District Special Fund On the commencement of this Act all moneys and other assets on that date in or standing to the credit of the Gwembe District Special Fund established under section 9 of the Order, Appendix 5 of the 1965 Edition of the Laws, shall vest in the Minister and thereupon the Gwembe District Special Fund shall stand dissolved.

Section 4Verify source

§ 5Moneys payable into the Fund .................................................................................................................................................................. 1Commencement

This section says what money and assets make up the Fund.

5. Moneys payable into the Fund The Fund shall consist of— (a) all monies and other assets vested in the Fund by section four; (b) all monies which shall, on and after the commencement of this Act, be received by the Government by way of rent or other payments in respect of leases, wayleaves or other rights granted under section 6 of the Order; (c) any other monies or assets which would, but for the dissolution of the Gwembe District Special Fund, be payable into that Fund; (d) any monies which are paid to the Minister pursuant to section six; and By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 1 Gwembe District Special Fund (Dissolution) Act, 1968 (Chapter 291) Zambia (e) any monies and other assets which vest in or accrue to the Fund in the course of the administration of the Fund.

Section 5Verify source

§ 6Administration of the Fund ......................................................................................................................................................................... 2Commencement

The Minister administers the Fund and may use it for grants to the Gwembe Rural Council, including for water supply in the Gwembe Rural Area.

6. Administration of the Fund (1) The Fund shall be administered by the Minister for the purpose of making grants to the Gwembe Rural Council, and without prejudice to the generality of the foregoing, such grants may be made for the maintenance of a water supply to and within the Gwembe Rural Area. (2) For the purpose of administering the Fund, the Minister may— (a) invest any moneys for the time being standing to the credit of the Fund in such stocks, shares, funds, securities or other investments or property as he may in his discretion think ﬁt with power to realise any monies so invested and reinvest as aforesaid; (b) authorise payments to be made out of the Fund in defending, settling or satisfying any claim made pursuant to subsection (3); (c) take such steps and action as may be necessary to collect any moneys or assets belonging to or payable to the Fund; (d) authorise payments to be made out of the Fund in defraying the costs of the administration of the Fund; (e) take such other steps and action as may be necessary for the administration of the Fund and for the carrying out of the purposes of the Fund. (3) Monies or other assets due whether before or after the commencement of this Act to be paid by or to the Gwembe District Special Fund shall be paid by or to the Minister; and any right of action in respect of any such monies or assets may be prosecuted by or against the Minister. (4) In any action brought in pursuance of subsection (3), any defence which would have been available to or against the Gwembe District Special Fund or the trustees of that fund shall be available to or against the Minister. By Laws.Africa and contributors. Licensed under CC-BY. Share widely and freely. 2

Section 6Verify source

Legislative relationships

2 referenced instruments

Names are derived from the stored provision headings and citation-enrichment layer. Treat this as a research index and verify each relationship against the source text.

A–F

1 instrument

Fund. (3) Monies or other assets due whether before or after the commencement of this Act
Section 6

G–M

1 instrument

Gwembe District Special Fund On the commencement of this Act
Section 4

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31 Dec 1996 · currentEnglish

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