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legal-2026.07.26-907

  1. Provision text match · Zambia · en

    Corporate Insolvency Act, 2017

    Act 9 of 2017

    unknown Act or statute Section 61 — Power to stay or restrain proceedings against company

    Power to stay or restrain proceedings against company

    61. A person referred to in section 56 (1) may, after the presentation of a winding-up petition of a company and before a winding-up order is made, where an action or proceeding against the company is pending, apply to the Court to stay or restrain further proceedings in the action or proceeding, and the Court may stay or restrain the proceedings on such ter

    Topics: accounts and reporting, accreditation, act citation, adjournment

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  2. Provision text match · Zambia · en

    Companies Act, 1994

    Act 26 of 1994

    unknown Act or statute Section 43 — Holding companies, subsidiaries and related companies ............................................................................................. 20

    Holding companies, subsidiaries and related companies ............................................................................................. 20

    43. Holding companies, subsidiaries and related companies (1) For the purposes of this section, "company" means a body corporate, whether or not a company for other purposes of this Act and whether or not incorporated in Zambia. (2) For the purposes of this Act, a company is a "holding company" of another company if the other company is a subsidiary of it un

    Topics: access to company records, account balances, accounting, accounting changes

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  3. Provision text match · Zambia · en

    Securities Act, 2016

    Act 41 of 2016

    unknown Act or statute Section 151 — Duty of directors to disclose interests in securities of listed

    Duty of directors to disclose interests in securities of listed

    151. (1) Where, on the commencement of this Act, a director of a listed company or company whose securities are registered with the Commission has an interest in the securities of the listed company, or any other company being the listed company’s subsidiary or holding company, or a subsidiary of the holding company of the listed company or company whose sec

    Topics: account blocking, account control, account opening, account statements

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  4. Provision text match · Zambia · en

    Companies Act, 2017

    Act 10 of 2017

    unknown Act or statute Section 82 — Company secretary

    Company secretary

    82. (1) Subject to subsection (5), a company shall appoint a company Secretary. Company secretary (2) A person who is named as the first company secretary or joint company secretary in the application for incorporation shall, on the incorporation of the company, be deemed to have been appointed as such for a term of one year. (3) A company secretary, other t

    Topics: Companies Office, Gazette publication, M&A, accounting

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  5. Provision text match · Zambia · en

    Companies (Amendment) Act, 2011

    Act 24 of 2011

    unknown Act or statute Section 189A — (I) Where a company or officer fails to

    (I) Where a company or officer fails to

    189A. (I) Where a company or officer fails to comply with this Division, the Registrar may, without prejudice to any other provisions of this Act - ( a) strike out the name of the company from the register of companies; or (b) disqualify an officer of the company from forming or becoming a director of another company for a period of five years. (2) Where the

    Topics: Gazette notices, amendment, annual returns, asset disposal

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  6. Provision text match · Zambia · en

    Petroleum (Exploration and Production) Act, 2008

    Act 10 of 2008

    unknown Act or statute Section 100 — National Petroleum Company

    National Petroleum Company

    100. (1) There shall be a National Petroleum Company which shall be a public company registered under the Companies Act. (2) The Minister shall, by statutory instrument,— (a) provide for the objects of the company; (b) determine the share holding structure of the company. including the percentage of shares to be reserved for Zambians; (c) provide for the man

    Topics: access restrictions, acquisition of land rights, administrative certificates, appeals

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  7. Provision text match · Zambia · en

    Income Tax Act, 1967

    Act 32 of 1967

    unknown Act or statute Section 95B — Inter-company shareholdings ...................................................................................................................................................... 47

    Inter-company shareholdings ...................................................................................................................................................... 47

    95B. Inter-company shareholdings (1) Where shares in any company are held by— (a) another company or other companies, some or all of whose shares are held by the first- mentioned company; or (b) a company which is not incorporated in the Republic, some or all of whose shares are held by — (i) an individual who is resident in the Republic; or (ii) a nominee on

    Topics: accounting periods, accounts, address changes, administration

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  8. Provision text match · Zambia · en

    Co-operative Societies Act, 1970

    Act 63 of 1970

    unknown Act or statute Section 14 — Conversion of a company into a society ...................................................................................................................................... 6

    Conversion of a company into a society ...................................................................................................................................... 6

    14. Conversion of a company into a society (1) A company registered under the Companies Act (or any Act which replaces it) may, by a special resolution as defined in that Act (or replacing enactment), determine to convert itself into a society. (2) Such a resolution shall be accompanied by copies of the by-laws of the proposed society therein referred to, and

    Topics: account administration, accounting filings, accounts, advisory services

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  9. Provision text match · Zambia · en

    Companies (Amendment) Act, 2025

    Act 23 of 2025

    unknown Act or statute Section 22 — Section 317 of the principal Act is amended by the deletion

    Section 317 of the principal Act is amended by the deletion

    substitution therefor of the following: (1) Despite the Corporate Insolvency Act, but subject to this Act, the Registrar may de-register a company on the grounds that the— (a) company has not filed annual returns for two consecutive years; (b) court has issued an order that the company be de-registered; (c) Registrar has reasonable cause to believe that a c

    Topics: administrative penalties, administrative penalty, amendment, amendments

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  10. Provision text match · Zambia · en

    Civil Aviation Act, 2016

    Act 5 of 2016

    unknown Act or statute Section 24 — Legal proceedings

    Legal proceedings

    24. (1) Without prejudice to the other provisions of this Part, where any right, liability or obligation vests in the Company by virtue of the Part, the Company and all other persons shall, as from the commencement of the Company, have the same rights, powers and remedies (and in particular the same rights as to the instituting or defending of legal proceedi

    Topics: access requirements, access to information, administrative inquiry, administrative investigations

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  11. Provision text match · Zambia · en

    Data Protection (Registration and Licensing) Regulations, 2021

    SI 58 of 2021

    unknown Statutory instrument Section 8 — Where the applicant is a company, the following details are required

    Where the applicant is a company, the following details are required

    8. Where the applicant is a company, the following details are required: (a) company name: (b) company address: (c) company registration No.:

    Topics: DPIA, DPO appointment, access requests, appendices

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  12. Provision text match · Zambia · en

    Income Tax (Amendment) Act, 2017

    Act 16 of 2017

    unknown Act or statute Section 54 — (1) A resident company shall deliver to the

    (1) A resident company shall deliver to the

    54. (1) A resident company shall deliver to the Commissioner-General a copy of its memorandum and articles of association, and copies of all amendments thereto, and, if the Commissioner-General so determines, all the particulars relating to the company’s affairs and shareholders that the Commissioner-General may in writing require. Repeal and replacement of

    Topics: approved funds, assessment, business investment, capital allowances

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  13. Provision text match · Zambia · en

    Income Tax (Amendment) Act, 2001

    Act 1 of 2001

    unknown Act or statute Section 11 — The principal Act is amended by the insertion immediately

    The principal Act is amended by the insertion immediately

    of the arm's length conditipns for the purposes of section ninety-seven A; those conditions shall be determined, not only as if the issuing company and the other person, referred to in this section as " the first associate ", were not associated, but also as if there were no relationship, arrangement or connection, whether formal or infor- . ma!, between the

    Topics: amendment, banking, benefits, capital allowances

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  14. Provision text match · Zambia · en

    Companies (Fees) Regulations, 2019

    SI 15 of 2019

    unknown Statutory instrument Section 3 — The Companies (Fees) Regulations, 1995, are revoked

    The Companies (Fees) Regulations, 1995, are revoked

    9 SCHEDULE (Regulation 2) PRESCRlBED FEES (A) Companies limited by shares, limited by guarantee and unlimited Companies I. Registration ofa company limited by shares and unlimited companies, 2.5% of the nominal capital shall be paid as incorporation fees, except that the total fee for registration (incorporation) fees shall not exceed 8,333,333.33 fee units,

    Topics: administrative penalties, annual general meetings, annual returns, beneficial ownership

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  15. Provision text match · Zambia · en

    Solid Waste Regulation and Management Act, 2018

    Act 20 of 2018

    unknown Regulation Section 9 — Incorporation of solid waste management company,

    Incorporation of solid waste management company,

    9. (1) An entity to manage solid waste shall be incorporated under the Companies Act, 2017, as a private or public company. (2) The articles of association of a solid waste management company, incorporated in accordance with subsection (1), shall state the primary objective of the company as the management of solid waste. Incorporation of solid waste managem

    Topics: administrative orders, administrative review, administrative submission, animal control

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  16. Provision text match · Zambia · en

    Zambia Development Agency Act, 2006

    Act 11 of 2006

    unknown Act or statute Section 41 — Conversion of private companies to public companies

    Conversion of private companies to public companies

    41. Conversion of private companies to public companies

    Topics: accounting, accounting records, agency establishment, agency functions

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  17. Provision text match · Zambia · en

    Citizens Economic Empowerment (Preferential Procurement) Regulations, 2011

    SI 36 of 2011

    unknown Statutory instrument Section 5 — (1) The Commission and the Authority shall reserve a public

    (1) The Commission and the Authority shall reserve a public

    5. (1) The Commission and the Authority shall reserve a public procurement for a citizen-influenced company, citizen-empowered company or citizen-owned company with estimated values as follows: (a) with respect to goods, public ·procurement of goods not exceeding three billion kwacha (K3,000,000,000.00); and (b) with respect to works- (i) building constructi

    Topics: bid evaluation, bidding, preferential pricing, procurement

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  18. Provision text match · Zambia · en

    Privatisation Act, 1992

    Act 21 of 1992

    unknown Act or statute Section 33 — Conversion of private companies to public companies

    Conversion of private companies to public companies

    33. The Agency may confcrt a Stat4 owned enterprise sched­ uled for privatisation, which /� not a public company, into a public ancc v c ·companics Act. company in acconl r _ � io ns of \ (u1e p � 7 1

    Topics: agency administration, agency composition, agency governance, agency procedures

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  19. Provision text match · Zambia · en

    Aviation (Amendment) Act) 1989

    Act 16 of 1989

    unknown Act or statute Section 32 — (1) Without prejudice fo ··tne ·otlfor 'pro'vi�ions of this

    (1) Without prejudice fo ··tne ·otlfor 'pro'vi�ions of this

    32. (1) Without prejudice fo ··tne ·otlfor 'pro'vi�ions of this Part, where any right, liability or obligation vests in the Company by virtue of the Part, the Company and all other persons shall, as from the commencement of this Part, have the same rights, powers and remedies (and in particular the ·same rights as to the instituting or defending of legal pro

    Topics: air transport, airport charges, airport operations, airport services

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  20. Provision text match · Zambia · en

    Zambia Medicines and Medical Supplies Agency Act, 2019

    Act 9 of 2019

    unknown Act or statute Section 1 — Short title and commencement

    Short title and commencement

    1. (1) The Company shall be deemed to be established as an Agency in accordance with section 3 on the appointed date. (2) Subject to subparagraph (3), the Corporate Insolvency Act, 2017, and the Companies Act, 2017, do not apply to the conversion. (3) Despite subparagraph (2), the Agency shall, as soon as practicable after the conversion, notify the Registra

    Topics: accounting, accounts, administration, agency establishment

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