Zambia Act or statute

Zambia legislation

Citizens EconomicEmpowerment (Amendment) Act, 2010

Section 30 is amended so the Citizens Economic Empowerment Fund is vested in the Commission, which must manage and administer it. This provision amends section 36 of the principal Act by inserting…

fund managementinstitutional administration

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Professional statute overview

Enactment structure, operative effect and source provenance

Official source

01

Purpose and legislative effect

“Section 30 is amended so the Citizens Economic Empowerment Fund is vested in the Commission, which must manage and administer it.”

Section 30 is amended so the Citizens Economic Empowerment Fund is vested in the Commission, which must manage and administer it. This provision amends section 36 of the principal Act by inserting new wording after “citizen influenced company”.

02

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    Source version 29 Nov 2010. The date shown identifies this source expression and should not be treated as proof that no later change exists.

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Source record from zambialii.org · Source version 29 Nov 2010

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Showing 2 of 2 provisions

SubstitutionAmendment
§ 3The principal Act is amended in section thirty by the deletionSubstitution

Section 30 is amended so the Citizens Economic Empowerment Fund is vested in the Commission, which must manage and administer it.

3. The principal Act is amended in section thirty by the deletion Amendment of section 30 of subsection {I) and the substitution therefor of the following subsection: (I) The Citizens Economic Empowerment Fund, established under section twenty-nine,· shall be vested in the Commission and shall be managed and administered by the Commission, either by itself, or with such financial institutions and fund managers as the Commission may appoint for purposes of the Fund. Amendment of section 36
§ 4Section thirty-six of the principal Act is amended by theAmendment

This provision amends section 36 of the principal Act by inserting new wording after “citizen influenced company”.

4. Section thirty-six of the principal Act is amended by the insertion immediately after the words "citizen influenced company" of a comma and the words "targeted citizen and groups of citizens or co-operatives".

Legislative relationships

1 referenced instrument

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N–S

1 instrument

  • principal Act

    Section 4

Recorded versions and source checkpoint

1 version available in this collection

Current-law checkpoint
  • 29 Nov 2010 · currentEnglish

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