The Zambia Development Agency Act, 2022.

THE ZAMBIA DEVELOPMENT AGENCY ACT, 2022
ARRANGEMENT OF SECTIONS
PART I
PRELIMINARY PROVISIONS
1. Short title and commencement
2. Interpretation PART II
THE ZAMBIA DEVELOPMENT AGENCY
3. Continuation of Zambia Development Agency
4. Seal of Agency
5. Functions of Agency
6. Board of Agency
7. Functions of Board
8. Tenure of office and vacancy
9. Proceedings of Board
10. Committees of Board
11. Allowances
12. Disclosure of interest
13. Director-General, Secretary and other staff
PART III
FINANCIAL PROVISIONS
14. Funds of Agency
15. Financial year
16. Accounts
17. Annual report
PART IV
GENERAL PROVISIONS
18. Immunity
19. Prohibition of publication or disclosure of information to unauthorised
person
20. Immunity from execution of judgments against Agency asset
21. Offence by principal officers of body corporate or unincorporate body
22. Regulations
23. Repeal of Act No. 11 of 2006
SCHEDULE
Zambia Development Agency [No. 17 of 2022 431
Single copies of this Act may be obtained from the Government Printer,
P.O. Box 30136, 10101 Lusaka, Price K32.00 each.

ent Agency [No. 17 of 2022 431
Single copies of this Act may be obtained from the Government Printer,
P.O. Box 30136, 10101 Lusaka, Price K32.00 each.

An Act to continue the existence of the Zambia Development
Agency and re-define its functions; re-constitute the Board
of the Agency and provide for its functions; repeal and
replace the Zambia Development Agency Act, 2006; and
provide for matters connected with, or incidental to, the
foregoing. [ 16th November, 2022
ENACTED by the Parliament of Zambia. PART I
PRELIMINARY PROVISIONS
1. This Act may be cited as the Zambia Development Agency
Act, 2022, and shall come into operation on the date appointed by
the Minister by statutory instrument. 2.

y be cited as the Zambia Development Agency
Act, 2022, and shall come into operation on the date appointed by
the Minister by statutory instrument. 2.

In this Act, unless the context otherwise requires—
“Agency” means the Zambia Development Agency continued
under section 3;
“associate” has the meaning assigned to the word in the Anti-
Corruption Act, 2012;
“Board” means the Board of the Agency constituted under
section 6;
“business” has the meaning assigned to the word in the
Business Regulatory Act, 2014;
“business development services” include advisory services,
promoting training and financing, facilitating the
preparation of business plans, project proposals, loan
applications, financial statements, audited statements of
expenditure and income, and other similar services;
Enactment
Zambia Development Agency [No. 17 of 2022 433
Short title
and
commencement
Interpretation
Act No. 3 of
2012
Act No. 3 of
2014
GOVERNMENT OF ZAMBIA
ACT
No. 17 of 2022
Date of Assent: 10th November, 2022

title
and
commencement
Interpretation
Act No. 3 of
2012
Act No. 3 of
2014
GOVERNMENT OF ZAMBIA
ACT
No. 17 of 2022
Date of Assent: 10th November, 2022

“Chairperson” means the person appointed as Chairperson
under section 6;
“Director-General” means the person appointed as Director-
General under section 13;
“Emoluments Commission” means the Emoluments
Commission established under the Constitution;
“investment” has the meaning assigned to the word in the
Investment, Trade and Business development Act, 2022;
“investor” has the meaning assigned to the word in the
Investment, Trade and Business Development Act, 2022;
“joint venture” means a business undertaken jointly by two
or more parties which otherwise retain their distinct
identities;
“privatisation” means the transferring to the private sector of
part, or the whole, of the equity or other interest held by
the Government, directly or indirectly, in a state owned
enterprise;
“relative” has the meaning assigned to the word in the Anti-
Corruption Act, 2012;
“repealed Act” means the Zambia Development Agency Act,
2006;
“special economic zone” has the meaning assigned to the
words in the Investment, Trade and Business Development
Act, 2022;
“State institution” has the meaning assigned to the words in
the Constitution;
“State-owned enterprise” has the meaning assigned to the
words in the Public Finance Management Act, 2018;
“Vice-Chairperson” means the person appointed as Vice-
Chairperson under section 6; and
“Zambia Institute of Chartered Accountants” means the
Zambia Institute of CharteredAccountants established
under the Accountants Act, 2008.

ion 6; and
“Zambia Institute of Chartered Accountants” means the
Zambia Institute of CharteredAccountants established
under the Accountants Act, 2008.

434 No. 17 of 2022] Zambia Development Agency
Act No. 3 of
2012
Act No. 11
of 2006
Act No. 18
of 2022
Cap. 1
Act No. 18
of 2022
Cap. 1
Act No. 13
of 2008
Act No. 18
of 2022
Act No. 1 of
2018

gency
Act No. 3 of
2012
Act No. 11
of 2006
Act No. 18
of 2022
Cap. 1
Act No. 18
of 2022
Cap. 1
Act No. 13
of 2008
Act No. 18
of 2022
Act No. 1 of
2018

PART II
THE ZAMBIA DEVELOPMENT AGENCY
3. The Zambia Development Agency established under the
repealed Act is continued as if established under this Act and is a
body corporate with perpetual succession and a common seal,
capable of suing and being sued in its corporate name and with
power, subject to the provisions of this Act, to do all acts and
things that a body corporate may, by law, do or perform. 4. (1) The seal of the Agency shall be a device that may be
determined by the Board and shall be kept by the Director-General. (2) The affixing of the seal shall be authenticated by the
Chairperson or the Vice-Chairperson and the Director-General or
any other person authorised in that behalf by a resolution of the
Board. (3) A contract or instrument which, if entered into or executed
by a person not being a body corporate, is not required to be under
seal, may be entered into or executed without seal on behalf of
the Agency by the Director-General or any other person authorised
in that behalf by a resolution of the Board.

o or executed without seal on behalf of
the Agency by the Director-General or any other person authorised
in that behalf by a resolution of the Board.

(4) A document purporting to be a document under the seal of
the Agency or issued on behalf of the Agency shall be received in
evidence and shall be considered to be so executed or issued,
without further proof, unless the contrary is proved. 5. (1) The Agency shall further the economic development
of the Republic through the promotion and facilitation of
investment, domestic and foreign trade, competitiveness in business
development and the privatisation of state owned enterprises. (2) Despite the generality of subsection (1), the functions of
the Agency are to —
(a) issue licences, permits or certificate of registration under
the Investment, Trade and Business Development Act,
2022;
(b) advise the Minister on matters related to investment,
export promotion, business development and
privatisation;
(c) implement and monitor policies, strategies in investment,
Zambia Development Agency [No. 17 of 2022 435
Continuation
of Zambia
Development
Agency
Functions of
Agency
Seal of
Agency
Act No. 18
2022

investment,
Zambia Development Agency [No. 17 of 2022 435
Continuation
of Zambia
Development
Agency
Functions of
Agency
Seal of
Agency
Act No. 18
2022

export promotion, business development and
privatisation;
(d) assist in securing permission, an exemption, an
authorisation, a licence, bonded status, land and any
other thing required from a State institution for the
purposes of establishing or operating a business;
(e) facilitate and promote the development of special
economic zones;
(f) promote and facilitate partnerships, joint ventures, business
linkages, access to capital and other strategic alliances
including the transfer of appropriate technology and
skills relating to industry development and productivity;
(g) maintain regular, productive and effective dialogue and
cooperation with the public and private sector;
(h) provide business development services to a business; and
(i) collect, collate and disseminate information on matters of
investment, export promotion, business development
and privatisation.

o a business; and
(i) collect, collate and disseminate information on matters of
investment, export promotion, business development
and privatisation.

(3) The Agency shall, in the exercise of the Agency’s functions
under this section, have regard to the need to —
(a) facilitate the implementation of policies on reducing the
cost of regulating businesses in accordance with the
Business Regulatory Act, 2014;
(b) encourage the development and growth of industries in
the Republic that are efficient in their use of resources,
innovation and internationally competitive;
(c) facilitate adjustments to structural changes in the economy
and the avoidance of social and economic hardships
arising from those changes;
(d) increase employment and wealth creation opportunities
in the Republic;
(e) promote the growth of exports;
(f) promote regional development, cooperation and
integration;
(g) maintain consistency, coherence and mutually reinforcing
measures;
436 No. 17 of 2022] Zambia Development Agency
Act No. 3 of
2014

nd
integration;
(g) maintain consistency, coherence and mutually reinforcing
measures;
436 No. 17 of 2022] Zambia Development Agency
Act No. 3 of
2014

(h) monitor the progress made by the Republic’s trading
partners in reducing both tariff and non tariff barriers;
(i) ensure that the industry develops in a way that is
ecologically sustainable;
(j) facilitate the implementation of international obligations
and commitments under international treaties to which
the Republic is a party in relation to the purposes of
this Act; and
(k) maintain regular, productive and effective dialogue and
cooperation with public and private sector. 6. (1) There is constituted the Board of the Agency which
consists of the following part-time members appointed by the
Minister:
(a) a representative from the Ministry responsible for —
(i) commerce and industry; and
(ii) finance;
(b) a representative of the Attorney- General;
(c) a representative of the Zambia Institute of Chartered
Accountants;
(e) a person nominated from the most representative private
sector association;
(f) a representative of a civil society organisation involved in
trade and investment; and
(g) two persons with experience and knowledge in trade and
investment.

sentative of a civil society organisation involved in
trade and investment; and
(g) two persons with experience and knowledge in trade and
investment.

(2) The members under subsection (1) shall be nominated
by their respective ministries, organisations or institutions for
appointment by the Minister. (3) The Minister shall appoint the Chairperson of the Board
from among the members. (4) The members of the Board shall elect the Vice-Chairperson
from among themselves. (5) A person shall not be nominated or appointed as a member
of the Board if that person is —
(a) legally disqualified from performing the functions of a
member;
(b) an undischarged bankrupt;
Zambia Development Agency [No. 17 of 2022 437
Board of
Agency

ly disqualified from performing the functions of a
member;
(b) an undischarged bankrupt;
Zambia Development Agency [No. 17 of 2022 437
Board of
Agency

Tenure of
office and
vacancy
(c) convicted of an offence under any other written law and
sentenced to imprisonment for a term exceeding six
months without the option of a fine; or
(d) convicted of an offence involving fraud or dishonesty
under any written law. 7. (1) Subject to the other provisions of this Act, the Board
shall perform the functions of the Agency and provide strategic
policy direction to the Agency. (2) Despite the generality of subsection (1), the functions of
the Board are to —
(a) approve the policies, programmes and strategies of the
Agency;
(b) approve the annual work plan, action plans and activity
reports of the Agency;
(c) approve the annual budget estimates and financial
statements of the Agency; and
(d) promote effective corporate governance of the Agency. (3) The Board may, by direction in writing and on conditions
that the Board considers necessary, delegate to the Director-General
any of the Board’s functions under this Act. (4) A delegation made under subsection (3), shall not prevent
the Board from performing the function so delegated.

e Board’s functions under this Act. (4) A delegation made under subsection (3), shall not prevent
the Board from performing the function so delegated.

(5) The Minister may give to the Board directions relating to
the performance of its functions and the Board shall give effect to
those directions to the extent that they are not inconsistent with
this Act. 8. (1) A member of the Board shall, subject to the other
provisions of this Act, hold office for a term of three years and
may be reappointed for a further and final term of three years. (2) A member shall, on the expiration of the period for which
that member is appointed, continue to hold office until a successor
is appointed, but in no case shall the further period exceed three
months. (3) The office of a member becomes vacant if that member —
(a) dies;
(b) is adjudged bankrupt;
438 No. 17 of 2022] Zambia Development Agency
Functions of
Board

ffice of a member becomes vacant if that member —
(a) dies;
(b) is adjudged bankrupt;
438 No. 17 of 2022] Zambia Development Agency
Functions of
Board

(c) is absent from three consecutive meetings of the Board of
which the member has had notice, without the prior
approval of the Board;
(d) resigns, on giving one month’s notice to the Minister;
(e) is legally disqualified from performing the functions of a
member;
(f) ceases to be a member of the ministry, institution or
organisation which nominated the member; or
(g) is convicted of an offence under any other written law
and sentenced to imprisonment for a term exceeding
six months without the option of a fine. (4) The Minister shall, where the office of a member becomes
vacant before the expiry of the term of office, appoint another
member in place of that member, but that member shall hold office
as a member only for the unexpired part of the term of the Board. 9. (1) Subject to the other provisions of this Act, the Board
may regulate its own procedure. (2) The Board shall meet for the transaction of business at
least once in every three months at a place and time that the Board
may determine.

cedure. (2) The Board shall meet for the transaction of business at
least once in every three months at a place and time that the Board
may determine.

(3) The Chairperson shall, on giving notice of not less than
seven days, call for a meeting of the Board, or where one third or
more of the members so request, in writing, except that if the
urgency of a particular matter does not permit the giving of a notice,
a special meeting may be called on giving a shorter notice. (4) Five members shall form a quorum at the meeting of the
Board. (5) There shall preside at a meeting of the Board—
(a) the Chairperson;
(b) in the absence of the Chairperson, the Vice-Chairperson;
or
(c) in the absence of the Chairperson and the Vice-
Chairperson, a member of the Board that the members
present may elect from among themselves for the
purpose of that meeting. Zambia Development Agency [No. 17 of 2022 439
Proceedings
of Board

he members
present may elect from among themselves for the
purpose of that meeting. Zambia Development Agency [No. 17 of 2022 439
Proceedings
of Board

Allowances
(6) A decision of the Board on any question shall be by a
majority of votes of the members present and voting at the meeting
and, in the event of an equality of votes, the person presiding at
the meeting shall have a casting vote, in addition to that person’s
deliberative vote. (7) A member may, where the member is for any reason unable
to attend a meeting of the Board, nominate another person in
writing, from the same ministry, institution or organisation to attend
a meeting of the Board in that member’s stead and that person
shall be deemed to be a member for the purpose of that meeting. (8) The Board may invite a person whose presence is, in its
opinion, desirable to attend and participate in the deliberations of
the meeting but that person shall have no vote. (9) The Board shall cause to be kept minutes of the proceedings
of every meeting of the Board and any committee established by
the Board. 10. (1) The Board may, for the purpose of performing its
functions under this Act, constitute a committee and delegate any
of its functions to the committee as it considers necessary.

rpose of performing its
functions under this Act, constitute a committee and delegate any
of its functions to the committee as it considers necessary.

(2) The Board may appoint, as members of a committee,
persons who are or are not members of the Board, except that at
least one member of the Board shall be a member of a committee. (3) A committee shall have the power to invite any person
whose presence, in its opinion, is desirable to attend and participate
in the deliberations of the meeting of the committee but that person
shall have no vote. (4) A member of a committee shall hold office for a period
that the Board may determine. (5) Subject to any specific or general direction of the Board, a
committee constituted under this section may regulate its own
procedure. 11. A member of the Board or any committee of the Board
shall be paid allowances that the Emoluments Commission may,
on the recommendation of the Minister, determine. 440 No. 17 of 2022] Zambia Development Agency
Committees
of Board

hat the Emoluments Commission may,
on the recommendation of the Minister, determine. 440 No. 17 of 2022] Zambia Development Agency
Committees
of Board

12. (1) A person who is present at a meeting of the Board or
a committee of the Board at which any matter is the subject of
consideration, and in which matter that person or that person’s
relative or associate is directly or indirectly interested in a private
capacity, shall, as soon as practicable after the commencement of
the meeting, declare the interest and shall not, unless the Board or
the committee otherwise directs, take part in any consideration or
discussion of, or vote on, any question relating to that matter. (2) A disclosure of interest made under this section shall be
recorded in the minutes of the meeting at which the disclosure is
made. 13. (1) The Board shall appoint a Director-General, who
shall be —
(a) the chief executive officer of the Agency; and
(b) responsible for the day-to-day administration of the
Agency under the direction of the Board. (2) The Director-General shall attend meetings of the Board
or a committee of the Board and may address those meetings, but
shall have no vote. (3) The Board may appoint a Secretary and other staff that
the Board considers necessary for the performance of the functions
of the Agency.

no vote. (3) The Board may appoint a Secretary and other staff that
the Board considers necessary for the performance of the functions
of the Agency.

(4) The Emoluments Commission shall, on the
recommendation of the Board, determine the emoluments of the
Director-General, Secretary and other staff of the Agency. (5) The Board shall determine the terms and conditions of
service, other than emoluments of the Director-General, Secretary
and other staff of the Agency. Zambia Development Agency [No. 17 of 2022 441
Disclosure of
interest
Director-
General,
Secretary
and other
staff

etary
and other staff of the Agency. Zambia Development Agency [No. 17 of 2022 441
Disclosure of
interest
Director-
General,
Secretary
and other
staff

PART III
FINANCIAL PROVISIONS
14. (1) The funds of the Agency consists of monies that
may—
(a) be appropriated by Parliament;
(b) be paid to the Agency by way of levies, fees, grants or
donations; or
(c) vest in, or accrue to, the Agency. (2) The Agency may—
(a) accept monies by way of grants or donations from any
source in the Republic and subject to the approval of
the Minister from any source outside the Republic;
(b) subject to the approval of the Minister responsible for
finance, raise by way of loans or otherwise, monies
that the Agency may require for the discharge of the
Agency’s functions; or
(c) in accordance with the regulations made under this Act,
charge and collect fees for services provided by the
Agency.

of the
Agency’s functions; or
(c) in accordance with the regulations made under this Act,
charge and collect fees for services provided by the
Agency.

(3) There shall be paid from the funds of the Agency—
(a) the salaries, allowances, loans gratuities and pensions
of the staff of the Agency and other payments for the
recruitment and retention of staff;
(b) reasonable traveling, and other allowances for members
of the Board or members of a committee of the Board
when engaged in the business of the Agency at rates
that the Emoluments Commissions may, on
recommendation of the Minister, determine; and
(c) any other expenses incurred by the Agency in the
performance of the Agency’s functions. (4) Subject to the Public Finance Management Act, 2018, the
Board may, subject to the approval of the Minister, invest in a
manner that the Board considers necessary any of the Agency’s
funds that the Agency does not immediately require for the
performance of the Agency’s functions. 15. The financial year of the Agency shall be a period of twelve
months ending on 31st December in each year. 442 No. 17 of 2022] Zambia Development Agency
Funds of
Agency
Act No. 1 of
2018
Financial
year

of twelve
months ending on 31st December in each year. 442 No. 17 of 2022] Zambia Development Agency
Funds of
Agency
Act No. 1 of
2018
Financial
year

16. (1) The Board shall cause to be kept proper books of
accounts and other records relating to the Agency’s accounts. (2) The accounts of the Agency shall be audited annually by
the Auditor-General or an auditor appointed by the Auditor-
General. (3) The fees for the Auditor-General or an auditor appointed
by the Auditor-General shall be paid by the Agency. 17. (1) The Board shall, as soon as practicable, but not later
than ninety days after the end of a financial year, submit to the
Minister a report concerning the functions and activities of the
Agency during the financial year. (2) The report referred to in subsection (1) shall include
information on the financial affairs of the Agency and there shall
be appended to the report—
(a) an audited statement of financial position;
(b) an audited statement of comprehensive income and
expenditure;
(c) a statement specifying the functions of the Agency and
the impact of the functions on business development;
and
(d) other information that the Minister may require.

ecifying the functions of the Agency and
the impact of the functions on business development;
and
(d) other information that the Minister may require.

(3) The Minister shall, not later than seven days after the first
sitting of the National Assembly next after receipt of the report
referred to in subsection (1), lay the report before the National
Assembly. PART IV
GENERAL PROVISIONS
18. An action or other proceedings shall not lie or be instituted
against a member of the Board, a member of a committee of the
Board or a member of staff of the Agency, for or in respect of any
act or thing done or omitted to be done in good faith in the exercise
or performance of any of the powers, functions or duties conferred
under this Act. 19. (1) A person shall not, without the consent in writing
given by or on behalf of the Agency or as otherwise permitted by
any written law, publish or disclose to a person, other than in the
course of that person’s duties, the contents of a document,
communication or information, which relates to, or which has
come to that person’s knowledge in the course of that person’s
duties under this Act. Zambia Development Agency [No. 17 of 2022 443
Accounts
Annual
report
Immunity
Prohibition
of
publication
or disclosure
of
information
to
unauthorised
person

Development Agency [No. 17 of 2022 443
Accounts
Annual
report
Immunity
Prohibition
of
publication
or disclosure
of
information
to
unauthorised
person

(2) A person who contravenes subsection (1) commits an
offence and is liable, on conviction, to a fine not exceeding two
hundred thousand penalty units or to imprisonment for a term not
exceeding two years, or to both. (3) A person who, having information which to the knowledge
of that person has been published or disclosed in contravention of
subsection (1), unlawfully publishes or communicates that
information to another person, commits an offence and is liable,
on conviction, to a fine not exceeding two hundred thousand
penalty units or to imprisonment for a term not exceeding two
years, or to both. 20. Where a judgment or court order is obtained against the
Agency, execution, attachment or process of any nature, shall not
be issued against the Agency or against any property of the Agency,
but the Agency shall cause to be paid out of the Agency’s funds an
amount that may, by judgment or court order, be awarded against
the Agency to the person entitled to the amount. 21.

paid out of the Agency’s funds an
amount that may, by judgment or court order, be awarded against
the Agency to the person entitled to the amount. 21.

Where an offence under this Act is committed by a body
corporate or unincorporate body, with the knowledge, consent or
connivance of a director, manager or shareholder of that body
corporate or unincorporate body, that director, manager or
shareholder is liable, on conviction, to the penalty specified for
the offence. 22. (1) The Minister may, in consultation with the Agency,
by statutory instrument, make Regulations for the better carrying
out of the provisions of this Act. (2) Despite subsection (1), Regulations under subsection (1)
may provide for —
(a) different provisions in respect of different types of
business development and sectors of trade and
industry; and
(b) the collection of data on industry and the procedure
for that collection. 23. (1) The Zambia Development Agency Act, 2006, is
repealed. (2) Despite subsection (1), the Schedule applies to the savings
and transitional provisions. 444 No. 17 of 2022] Zambia Development Agency
Immunity
from
execution of
judgments
against
Agency asset
Offence by
principal
officers of
body
corporate or
unincorporate
body
Regulations
Repeal of
Act No. 11
of 2006

ution of
judgments
against
Agency asset
Offence by
principal
officers of
body
corporate or
unincorporate
body
Regulations
Repeal of
Act No. 11
of 2006

SCHEDULE
(Section 23 (2))
SAVINGS AND TRANSITIONAL PROVISIONS
1. For the purposes of this Schedule, “former Agency” means
the Zambia Development Agency established under the repealed
Act. 2. (1) A person who, before the commencement of this Act,
was an officer or employee of the former Agency shall continue to
be an officer or employee of the Agency, as if appointed or
employed under this Act. (2) The service of the persons referred to in subparagraph (1)
shall be treated as continuous service. (3) Nothing in the Act affects the rights and liabilities of any
person employed or appointed by the former Agency before the
commencement of this Act. 3. A person who immediately before the commencement of
this Act held office as a member of the Board of the former Agency
shall continue to hold office as a member for a period of three
months after which the Minister shall appoint the members of the
Board in accordance with this Act. 4.

o hold office as a member for a period of three
months after which the Minister shall appoint the members of the
Board in accordance with this Act. 4.

(1) On or after the commencement of this Act, there shall
be transferred to, vest in and subsist against the Agency by virtue
of this Act and without further assurance, the assets, rights and
obligations which immediately before the commencement of this
Act were the assets, rights, liabilities and obligations of the former
Agency. (2) Subject to subparagraph (1), every deed, bond and
agreement, other than an agreement for personnel service, to which
the former Agency was a party immediately before the
commencement of this Act whether or not of a nature that rights,
liabilities and obligations could be assigned, shall, unless its subject
matter or terms make it impossible that it should have effect as
modified, as provided under this paragraph, have effect as if—
(a) the Agency had been party to it;
(b) for any reference to the former Agency there was
substituted, with respect to anything falling to be done
on or after the commencement of this Act, a reference
to the Agency; or
Zambia Development Agency [No. 17 of 2022 445
Interpretation
Staff of
former
Agency
Member
Transfer of
assets and
liabilities

erence
to the Agency; or
Zambia Development Agency [No. 17 of 2022 445
Interpretation
Staff of
former
Agency
Member
Transfer of
assets and
liabilities

446 No. 17 of 2022] Zambia Development Agency
(c) for any reference to any officer of the former Agency not
being a party to it and beneficially interested therein,
there were substituted, with respect to anything required
to be done on or after the commencement of this Act, a
reference to such officer of the Agency as the Agency
shall designate. (3) Where under this Act, any assets, rights, liabilities and
obligations of the former Agency are considered to be transferred
to the Agency in respect of which transfer a written law provides
for registration, the Agency shall make an application, in writing,
to the appropriate registration authority for registration of the
transfer. (4) The registration authority, referred to in subparagraph (3),
shall make entries in the appropriate register that shall give effect
to the transfer and, where applicable, issue to the transferee
concerned a certificate of title in respect of the property or make
necessary amendments to the register and shall endorse on the
deeds relating to the title, right or obligation concerned and no
registration fees or other duties shall be payable in respect of the
transaction. 5.

deeds relating to the title, right or obligation concerned and no
registration fees or other duties shall be payable in respect of the
transaction. 5.

(1) Any legal proceedings or application of the former
Agency pending immediately before the commencement of this
Act by or against the former Agency, may be continued by or against
the Agency. (2) After the commencement of this Act, proceedings in
respect of any right, liability or obligation which was vested in,
held, enjoyed, incurred or suffered by the former Agency, may be
instituted by or against the Agency. Legal
proceedings