Bretton Woods Agreements (Ammendment)

Link to law: http://www.parliament.gov.zm/node/3412
Published: 2010

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The Lands (Amendment) 2010
An Act to amend the Bretton Woods Agreement Act.

[19th November, 2010

ENACTED by the Parliament of Zambia.

1. This Act may be cited as the Bretton Woods Agreement
(Amendment) Act, 2010, and shall be read as one with the Bretton
Woods Agreement Act, in this Act referred to as the principal Act.

2. Section two of the principal Act is amended by the insertion,
in the appropriate place, of the following new definition:

“ approved amendments of 2008 ” means the amendments to
the Fund Agreement approved by the Board of Governors
of the Fund in Resolution 63-2 of 28th April, 2008, and
Resolution 63-3 of 5th May, 2008

3. Section three of the principal Act is amended—
(a) in paragraph (c), by the deletion of the word “and” after

the semi-colon;
(b) in paragraph (d), by the deletion of the full-stop at the end

of that paragraph and the substitution therefor of a semi-
colon and the word “and”; and

(c) by the insertion, immediately after paragraph (d), of the
following new paragraph:

(e) to accept the approved amendments of 2008 and
to execute and deposit with the Fund, an
instrument stating that the Government of
Zambia has accepted the proposed amendment
of the Articles of Agreement of the Fund to
enhance voice and participation in the Fund and
expand the investment authority of the Fund.

Enactment

Short title

Cap. 367

Amendment
of section 2

Amendment
of
section 3

Bretton Woods Agreement
(Amendment)

[No. 37 of 2010 553

GOVERNMENT OF ZAMBIA

ACT
No. 37 of 2010

Date of Assent: 14th November, 2010

Single copies of this Act may be obtained from the Government Printer,
P.O. Box 30136, 10101 Lusaka, Price K1,000 each

554