No. I
2018
(3) h)f the purpose of benefiting from. and
evidencing, the exception granted to a business under
subst~ction
(a)
(2) --
the business in question shall, no later than
the lsl July, 2018, notify the lnit h~ aflidavit
that(i)
it commenced operating in the rcsnn:d
sector of the economy hcfon.· the 1st
January, 2018: and
(ii)
it has registered for ta.x purposes with
the Zimhah\\·c Revenue Authority, and
has opened, and continues to maintain.
a hank account with a named hanking
institution in at~cordance \\ith tlw Bank
Cse Promotion i\ct (Ciwp!er 24:241;
and
(b)
the Unit shall open and maintain a register
\Vherein shall be recorded relnant particulars
of every business referred to in paragraph
(a), and fumish to every such business at its
request, free of charge, a ce11iticate that it has
been registered for the purpose of subsection
(2).
(-+)Any person who is not a Zimbabwean <.:Itizen
and who, after the lst January, 2018, wishes to operate a
business in the resen·ed sector of the e<.:onomy shall seck
the pennission of the Minister referred to in subsection (I 0)
(5) Any person who is not a Zimbabwean citit,en
and who(a)
after the lst July, 2018. fails to comply with
subscdions (2) and (3); or
(h)
after the lstJanuary, 2018. begins to operate a
business refened to in subsection ( l) without
the permission of the ~Iinister gi\'en under
subsection ( 10);
shall be guilty of an offence and liable to a tine not exceeding
level eight or to imprisonment for a period not e:xcet~ding
six months or to both such fine and such imprisonment.
(6) In addition. the Minister may dired any licensing
authority to revoke, suspend or cancel the operating licence
of a business operating in contravention of suhscdions (2)
and (3) or (5).
(7) Any official of the l 'nit and any law enforcement
agent and any other person bearing the authority of the
:Minister, in writing. may access any premist~s of any
business operating in a reserved sector, on production of the
wtitten authority by the Minister, and demand any rele,·ant
documents for purposes of verifying compliance with this
section by such business.
(8) The official referred to in subsection (7) may
take copies of documents or any other material that may be
used as proof of compliance or non-compliance with this
section.
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