Sovereign Wealth Fund of Zimbabwe Act, 2014
Act 7/2014
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Act No. 7 of 2014
Gazetted: 10th November 2014 [General Notice 461 of 2014]
Commencement: date still to be fixed by statutory instrument in terms of s. 1(2) of Act.
NOTE BY VERITAS: THE DATE OF COMMENCEMENT WAS FIXED AS 26TH JUNE 2015,
AS PER STATUTORY INSTRUMENT 71 OF 2015. A COPY OF THE SI IS AVAILABLE HERE.
SOVEREIGN WEALTH FUND OF ZIMBABWE ACT, 2014
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ARRANGEMENT OF SECTIONS
PART I
PRELIMINARY
Section
1. Short title and date of commencement.
2. Interpretation.
PART II
SOVEREIGN WEALTH FUND OF ZIMBABWE
3. Establishment, vesting and trusteeship of Sovereign Wealth Fund of Zimbabwe.
4. Objects of Fund.
PART III
SOVEREIGN WEALTH FUND OF ZIMBABWEBOARD
5. Establishment of Sovereign Wealth Fund of Zimbabwe Board.
6. Composition of Board.
7.
Specific functions of Board.
8.
Chief Executive Officer and staff of Board.
9.
Investment managers.
10. Execution of contracts and instruments by Board and seal of Board.
11. Minister may give Board directions in national interest.
12. Reports of Board.
Date of preparation of this document: 13th November 2014