Cap.22z2l
Pueltc I)Eer MawecnMnl.il
No. 4t20ls
may, through the Minister, obtain the written opinion of the Attorney-General on the
question whether such lending, indemnity, guarantee, security or transaction has been
entered into in accordance to section 23, and such opinion shall be conclusive ofthe
question whether it is so compliant or not.
25
Minister to be exempt from certain obligations
The Minister or a registrar or agent shall not be under any obligation as regards
the due fulfilment of a trust, wltether express, implied or constructive, to which bonds,
stock or Treasury bills may be subject, notwithstanding that the Minister, registrar or
agent has had notice that the bonds, stock or Treasury bills are held subject to the trust.
26
Registrar to make entries necessary to give effect to court orders
A registrar shall, upon being served with an order of a court of competent
jurisdiction which relates to a bond or stock or has the effect of vesting a bond or stock
in a person, make all entries in the appropriate register which it is necessary to make
tbr the purpose of giving effect to the order.
27
Forgery of securities
(1) Any person who_.
(a)
(b)
forges a bond, stock certificate or Treasury bill; or
makes use of or attempts to make use of a ibrged bond, stock certilicate
or lieasury bill with intent to defraud;
shall be guilty of an offence and liable to a fine not exceeding level foufieen or to
irnprisonment for a period not exceeding twenty years or to both such flne and such
imprisonment.
(2) For the purposes of subsection (1), a person shall be deemed to fcrrge
bond, stock certificate or'freasury bill if he or she-
(a)
(b)
a
makes a talse bond, stock certificate or Treasury bill: or
falsifies a genuine bond, stock certificate or Treasury bill, whether by
alteration, addition, effacement or otherwise:
knowing it to be false with the intention that it shall be used or acted upon as gcnuine,
whether within Zimbabwe or not, and any bond, stock certificate or Treasury bill so
made or falsified shall be deemed to be forsec.
28
Other powers of Minister
(1) I'he Minister may-
(a)
(b)
(c)
establish registries for the registration ofbonds or stock;
appoint registrars, agents and any other persons necessary for the raising,
issuing, management and repayment of State loans or for the doing of any
act which, in terms of this Act or any agreenent relating to a State loan,
may or shall be done by the Minister, registrar, agent or such other person;
make arrangements
(i)
for--
the conversion and replacement <lf secnrities issued in terms of this
Act or a repealed law; or
(ii;
the payment of interest on State loans;
(d)
fix the fees and ctrnrges which shall tre payable frrr the giving of a guarantee
or the perfarmance of services far which provision is made under this Act;
(e)
provide for any other matter which, under this Act or any agreement
relating to a State loan, is necessary or convenient to be provided for.
113