Microfinance Bill, 2012
H.B. 2, 2012
(b) require the report to include such further information or disclosures in the public
interest as the Minister shall specify, and upon compliance therewith, the Minister
shall approve the amended report as the final report..
(2) The Minister shall lay a copy of any report submitted to him or her in terms of
subsection (1) before the House of Assembly on one of the fourteen days on which the House
next sits after he or she received it.
57 Exercise of functions by Reserve Bank and Registrar
(1) Any function of the Reserve Bank under this Act may be exercised on behalf of the
Bank⎯
(a) by the Governor of the Reserve Bank; or
(b) subject to the directions of the Governor, by a Deputy Governor of the Reserve Bank
specified by the Governor with the approval of the Board of Directors of the Reserve
Bank.
(2) The Governor and Deputy Governor of the Reserve Bank shall exercise the functions
referred to in that subsection in accordance with any directions that the Board of Directors of
the Reserve Bank may give them.
(3) Subsection (1) and (2) shall not be construed as limiting the Reserve Bank’s power
under any other law to delegate its functions under this Act to any of its officers or
employees.
58 Evidence and presumptions
(1) Any document or copy thereof certified by⎯
(a) the Registrar, as a document or copy thereof lodged with or furnished to or issued by
the Registrar in terms of this Act; or
(b) the Reserve Bank, as a document or copy thereof lodged with or furnished to or
issued by the Reserve Bank in terms of this Act;
shall be presumed to be such a document or a copy, as the case may be, and shall be
admissible in evidence in any court on its production by any person.
(2) A document purporting to be signed by the Registrar and⎯
(a) stating that any person is not registered under this Act; or
(b) setting out the terms and conditions of any microfinancier’s registration; or
(c) stating whether or not any microfinancier’s registration has been cancelled or
suspended;
shall be admissible in any proceedings in any court on its production by any person as proof
of the facts stated therein.
57
Amendment or substitution of First and Second Schedules
(1) Subject to subsection (2), the Minister, after consultation with the Registrar and the
Reserve Bank, may by notice in a statutory instrument amend or replace the First or Second
Schedule
(2) When the Minister wishes to amend or replace the First or Second Schedule the
Minister shall lay the draft statutory instrument amending or substituting the First or Second
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