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Rule · BOZ · 11 Aug 2023

Bank of Zambia Act (Commencement) Order 2023

monetary

The Government of Zambia, acting through Minister of Finance and National Planning Dr. S. Musokotwane, issued Statutory Instrument No. 25 of 2023 to formally activate the Bank of Zambia Act, 2022. This commencement order mandates that Act No. 5 of 2022 takes full legal effect immediately upon its publication in the official Government Gazette. The directive exercises the statutory authority granted under section 1 of the banking legislation to establish its operational framework effective August 11, 2023.

ZambiaBank of Zambia

Supplement to the Republic of Zambia Government Gazette dated Friday, 11th August, 2023

GOVERNMENT OF ZAMBIA

STATUTORY INSTRUMENT NO. 25 OF 2023

The Bank of Zambia Act, 2022

(Act No. 5 of 2022)

The Bank of Zambia Act (Commencement) Order, 2023

IN EXERCISE of the powers contained in section 1 of the Bank of Zambia Act, 2022, the following Order is Made:

  1. This Order may be cited as the Bank of Zambia Act (Commencement) Order, 2023.
    Title

  2. The Bank of Zambia Act, 2022, shall come into operation on the date of publication of this Order.
    Commencement of Act No. 5 of 2022

LUSAKA
9th August, 2023
[MF/EMD.101/23/1]

DR. S. MUSOKOTWANE,
Minister of Finance and
National planning

Copies of this Statutory Instrument can be obtained from the Government Printer, P.O. Box 30136, 10101 Lusaka. Price K4.00 each.

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Source: Bank of Zambia — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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