2015 BA.NKil\G A!vlENDMEN! No.l2 (g4) the regulation, control and licensing of persons who provide money transmission services and mobile banking services; (g5) the licensing, control and regulation of credit reference bureaux, the period and terms and conditions of their licences and the suspension and cancellation of their licences; (g6) the specification, notwithstanding any other law, of a tariff of remuneration, fees and charges to be payable to a curator, public auditor or accountant, legal practitioner or other independent contractor retained by the Reserve Bank for the discharge of any statutory function or for any purpose under this Act;". 39 Minor amendments to Cap. 24:20 The provisions of the principal Act specified in the first column of the Schedule are amended to the extent set out opposite thereto in the second column. 40 Amendment of Cap. 22:15 ( 1) The Reserve Bank of Zimbabwe Act [Chapter 22: 15] is amended(a) in section 2 ("Interpretation") by the repeal of the definition of "director" and the substitution of""director" means a member of the board including the Governor and J)cputy Governors;"; (b) (c) in section 7 ("Powers of Bank") in subsection (1) by the insertion after paragraph (r) of the following paragraph"(rl) establish companies and other entities for the purpose of(i) acquidng and settling non-perfonning loans of banking institutions; or (ii) acquidng, restructuring and disposing of problem or failed banking institutions; (iii) generally, exercising any function conferred on the Bank by or in tenus of this Act;"; by the insertion after Part IX of the following Part"PARTIXA SPECIAL Assm MANAGEMENT CoMPANIES 57 A Establishment of special asset management companies (1) In the exercise of its functions the Bank may establish any one or more companies or other entities, to be known as "special asset management companies", for the purpose of(a) acquiring, rescheduling, disposing of, holding, managing or otherwise settling non-performing loans of banking institutions; or (b) on the direction of the Bank, managing, acquiring, restructudng and disposing of distressed or problem or failed banking institutions; or (c) generally, performing such other functions related to the acts mentioned in paragraphs (a) and (b) or exercising any function conferred on the Bank by or in tenns of this Act; 253