Chapter 22:20 Sovereign Wealth Fund of Zimbabwe Act 10/2013 ACT AN ACT to provide for the establishment of the Sovereign Wealth Fund of Zimbabwe and its objects, management and control; to provide for the Board of the Sovereign Wealth Fund of Zimbabwe and its functions; to provide for the appointment of the Chairperson, Chief Executive Officer, staff of the Board and investment managers; to provide for the allocation and disbursement of money from the Fund; to amend the Zimbabwe Mining Development Corporation Act [Chapter 21:08]; and to provide for matters incidental to or connected with the foregoing. Enacted by the President and Parliament of Zimbabwe. PART I PRELIMINARY 1 Short title and date of commencement (1) This Act may be cited as the Sovereign Wealth Fund of Zimbabwe Act [Chapter 22:20](No.7 of 2014). (2) This Act shall come into operation on a date to be fixed by the President by statutory instrument. 2 Interpretation In this Act— “asset” means— (a) any kind of real or personal property; (b) any part or share of an asset or interest in an asset; “Board” means the Zimbabwe Sovereign Wealth Fund Board constituted in terms of section 5; “Chief Executive Officer” means the Chief Executive Officer of the Fund appointed in terms of section 8; “foreign asset” means any asset located outside Zimbabwe or title to which is held or registered outside Zimbabwe; “Fund”— (a) means the Sovereign Wealth Fund of Zimbabwe established in terms of section 3; and (b) in relation to anything said to be done by the Fund, means the Board of the Sovereign Wealth Fund of Zimbabwe or an agent of employee of the Board acting on the authority of the Board; and (c) includesany Sub-Fund referred to in section 15; “investment manager” means a manager of the Fund, or of a Sub-Fund or any portfolio of securities held by the Fund or a Sub-Fund ; 3