Transcription of CAP. 387] REPUBLIC OF ZAMBIA THE BANKING AND …
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CAP. 387] REPUBLIC OF ZAMBIA THE BANKING AND …
1 [CAP. 387] REPUBLIC OF ZAMBIA THE BANKING AND financial services ACT CHAPTER 387 OF THE LAWS OF ZAMBIA 2 CHAPTER 387 THE BANKING AND financial services ACT ARRANGEMENT OF SECTIONS CHAPTER I PRELIMINARY 2. Interpretation 3. Application of this Act CHAPTER II LICENSING OF BANKS AND financial INSTITUTIONS Part 1 - Licensing of Banks 4. Licensing of companies as banks 5. Determination of applications 6. Applications for licenses to be refused in certain cases 7. Investigation of applicants 8. Authorised activities of banks in addition to taking of deposits 9. Branches, subsidiaries or other establishments of banks Part 2 - Licensing of financial Institutions 10. Grant of license 11. Application of certain provisions of this Chapter to financial institutions 12.
[3rd June, 1994] Enactment Enacted by the Parliament of Zambia CHAPTER 1 PRELIMINARY Short title 1. (1) This Act may be cited as the Banking and Financial Services Act. Interpretation 2. (1) In this Act, unless the context otherwise requires - “advance” means -
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