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Security Interest in Movable Property Act (Commencement) Notice 2021

Lesotho’s Minister responsible for finance, Thabo Sophonea, has designated 6 August 2021 as the commencement date for the Security Interest in Movable Property Act, 2020. Exercising powers under section 1 of the legislation, this notice formally activates the statutory framework governing security interests in movable assets. The effective date ensures immediate regulatory compliance and legal certainty for creditors, debtors, and financial institutions across Lesotho.

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Act No. 12 of 2020Act No. 12 of 2020Security Interest in MovableProperty Act (Commencement) N…this documentSecurity Interest in Movable Property Act (Commencement) Notice 2021
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Source: Central Bank of Lesotho — 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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