No.12 BANXING AMEt'\TDMEt-.'T 40 Registrar and Reserve Bank to co-operate with other authorities ( 1) For the better exercise of their functions and in the interests of ensuring the efficient and co-ordinated regulation and development of the financial sector in Zimbabwe and the proper enforcement of the law, the Registrar and the Reserve Bank shall be fumished at his, her or its request with such information as he, she or it may require from(a) the Chief Registrar of Companies referred to in section 5 of the Companies Act [Chapter 24:03]; and (b) the Commissioner oflnsurance, Pension and Provident Funds appointed in terms of section 19 of the Insurance and Pensions Commission Act [Chapter 24:21] (No.7 of 2000); and (c) the Registrar of Collective Investment Schemes referred to in section 4 of the Collective Investment Schemes Act [Chapter 24:19] (No. 25 of 1997); and (d) the Director of the Bank Use Promotion and Suppression of Money Laundering Unit appointed in terms of section 3 of the Bank Usc Promotion Act [Chapter 24:24] (No.2 of2004); and (e) the Chief Executive Officer of the Securities Commission established by section 3 of the Securities and Exchange Act [Chapter 24:25] (No. 17 of 2004); and (f) the Registrar of Asset Managers referred to in section 4 of the Asset Management Act [Chapter 24:26] (No. 16 of 2004); and (g) the Chief Executive Officer of the Deposit Protection Corporation. (2) Notwithstanding section 76, the Registrar and the Reserve Bank may provide the persons referred to in subsection (1) with information conceming banking institutions and controlling companies generally, or conceming any particular banking institution or controlling company, where the information is likely to assist those persons in the exercise of their functions or promote the co-ordinated regulation of the financial sector in Zimbabwe.". 5 Amendment of section 8 of Cap. 24:20 Section 8 ("Registration of banking institutions") of the principal Act is amended(a) in subsection (1) by the insertion after "registration" of "as a banking institution"; (b) in subsection (3)(i) in paragraph (a) by the deletion of "company" and the substitution of "public company"; (ii) by the repeal of paragraph (b 1) and the substitution of the following paragraphs"(b1) the applicant's directors, principal officers and p1incipal shareholders are fit and proper persons to be directors, principal officers or shareholders, as the case may be, of a banking institution; and (b2) where the applicant is a subsidiary, the directors, principal officers and principal shareholders of the applicant's controlling company are fit and proper persons to be directors, 210 2015