Regulatory Alerts2001-12-04
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Bank of Zambia Circular 29/2001: 2002 Annual Licence Fees
The Bank of Zambia mandates all commercial banks to remit the 2002 annual licence fee of K 4,500,000 pursuant to Statutory Instrument No. 180 of 1995. Banks must settle this amount by 31 January 2002, as the original due date was 1 January 2002. Any outstanding balance after the deadline will be subject to a late payment penalty of 20 percent per month or part thereof.
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