Gwembe District Special (Dissolution) Act

The Laws of Zambia
Copyright Ministry of Legal Affairs, Government of the Republic of Zambia
REPUBLIC OF ZAMBIA
THE GWEMBE DISTRICT SPECIAL
(DISSOLUTION) ACT
CHAPTER 291 OF THE LAWS OF ZAMBIA
CHAPTER 291 THE GWEMBE DISTRICT SPECIAL FUND (DISSOLUTION)
ACT
THE GWEMBE DISTRICT SPECIAL FUND (DISSOLUTION) ACT
ARRANGEMENT OF SECTIONS
Section
1. Short title
2. Interpretation
3. Establishment of Gwembe Rural Council Fund
4. Transfer of assets of Gwembe District Special Fund
5. Monies payable into the Fund
6. Administration of the Fund
CHAPTER 291
GWEMBE DISTRICT SPECIAL FUND
(DISSOLUTION)
5 of 1968
An Act to dissolve the Gwembe District Special Fund; to establish the Gwembe
Rural Council Fund and to vest in it the monies and assets of the aforesaid
Special Fund; to provide for the administration of and application of the
Gwembe Rural Council Fund; and to provide for matters incidental to the
foregoing.
[16th February, 1968]

the administration of and application of the
Gwembe Rural Council Fund; and to provide for matters incidental to the
foregoing.
[16th February, 1968]

The Laws of Zambia
Copyright Ministry of Legal Affairs, Government of the Republic of Zambia
1. This Act may be cited as the Gwembe District Special Fund (Dissolution) Act. Short title
2. In this Act, unless the context otherwise requires- Interpretation
"the Fund" means the Gwembe Rural Council Fund;
"the Order" means the Zambia (Gwembe District) Orders, 1959 and 1964. App. 9
3. There is hereby established a Fund which shall be known as the Gwembe Rural
Council Fund. Establishment of
Gwembe Rural
Council Fund
4. On the commencement of this Act all moneys and other assets on that date in
or standing to the credit of the Gwembe District Special Fund established under section 9
of the Order, Appendix 5 of the 1965 Edition of the Laws, shall vest in the Minister and
thereupon the Gwembe District Special Fund shall stand dissolved. Transfer of assets of
Gwembe District
Special Fund
5.

shall vest in the Minister and
thereupon the Gwembe District Special Fund shall stand dissolved. Transfer of assets of
Gwembe District
Special Fund
5.

The Fund shall consist of-
(a) all monies and other assets vested in the Fund by section four;
(b) all monies which shall, on and after the commencement of this Act, be
received by the Government by way of rent or other payments in respect of
leases, wayleaves or other rights granted under section 6 of the Order;
(c) any other monies or assets which would, but for the dissolution of the
Gwembe District Special Fund, be payable into that Fund;
(d) any monies which are paid to the Minister pursuant to section six; and
(e) any monies and other assets which vest in or accrue to the Fund in the
course of the administration of the Fund. Moneys payable into
the Fund
6. (1) The Fund shall be administered by the Minister for the purpose of making
grants to the Gwembe Rural Council, and without prejudice to the generality of the
foregoing, such grants may be made for the maintenance of a water supply to and within
the Gwembe Rural Area.

thout prejudice to the generality of the
foregoing, such grants may be made for the maintenance of a water supply to and within
the Gwembe Rural Area.

Administration of the
Fund
(2) For the purpose of administering the Fund, the Minister may-
(a) invest any moneys for the time being standing to the credit of the Fund in
such stocks, shares, funds, securities or other investments or property as
he may in his discretion think fit with power to realise any monies so
invested and reinvest as aforesaid;

urities or other investments or property as
he may in his discretion think fit with power to realise any monies so
invested and reinvest as aforesaid;

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(b) authorise payments to be made out of the Fund in defending, settling or
satisfying any claim made pursuant to subsection (3);
(c) take such steps and action as may be necessary to collect any moneys or
assets belonging to or payable to the Fund;
(d) authorise payments to be made out of the Fund in defraying the costs of the
administration of the Fund;
(e) take such other steps and action as may be necessary for the
administration of the Fund and for the carrying out of the purposes of the
Fund.
(3) Monies or other assets due whether before or after the commencement of this
Act to be paid by or to the Gwembe District Special Fund shall be paid by or to the
Minister; and any right of action in respect of any such monies or assets may be
prosecuted by or against the Minister.
(4) In any action brought in pursuance of subsection (3), any defence which would
have been available to or against the Gwembe District Special Fund or the trustees of that
fund shall be available to or against the Minister.