2017
No.1
RESERVE BAJ.'<K OF ZIMBABWE AMENDMENT
Note by Veritas
This Act was gazetted on 23 March
2017.
The Act is deemed to have come
into effect on 31 October 2016.
ZIMBABWE
ACT
To amend the Reserve Bank of Zimbabwe Act [Chapter 22:15] and to provide
for matters connected therewith or incidental thereto.
ENACTED by the Parliament and the President of Zimbabwe.
1
Short title and commencement
This Act may be cited as the Reserve Bank of Zimbabwe Amendment Act, 2017
and is deemed to have come into force on the 31st October, 2016.
2
Interpretation
In this Act"bond note" means a unit of legal tender whose par value in relation to the
United States dollar is backed by a guarantee extended to the Reserve
Bank by one or more international financial institutions, and "bond coins"
shall be construed accordingly;
"principal Act" means the Reserve Bank of Zimbabwe Act [Chapter 22:15]
(No.5 of 1999);
"Reserve Bank" means the Reserve Bank of Zimbabwe Act referred to in
section 4 of the Reserve Bank of Zimbabwe Act [Chapter 22:15] (No.5
ofl999);
"unit of a bond note" means a unit ("one dollar") or multiple thereof in which
a bond note is denominated.
Printed by the Government Printer, Harare
1
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