LOANS AND GUARANTEES (AUTHORISATION) ACT: SUBSIDIARY LEGISLATION (CHAPTER 366 )

4. General duty of Bank of Zambia

2. Application

3. Interpretation

5. Register

6. Liability of Government for payment of principal and interest

7. Stockholder

8. Stock certificate

9. Transfer of stock

10. Registration of transfer of stock

11. Payment of interest after transfer

12. Closing of register

13. Register conclusive evidence

14. Cessation of liability to pay interest

15. Payments

16. Discharge of liability for payment

17. Consolidation and subdivision

18. Issue of duplicates and renewals

19. Indemnity bonds

20. Application of Local Loans (Registered Stock) Regulations

21. Signature of registrar may be printed on stock certificates

22. Notice of trust not receivable

23. Form of documents, etc.

24. Inspection of register and documents

SI 459 of 1969.

[Regulations by the Minister]

1. Title

These Regulations may be cited as the Loans (Local Registered Stock) (No. 3 and No. 4) Regulations.

2. Application

These Regulations shall apply to Issue No. 3 of 1969 and Issue No. 4 of 1969.

3. Interpretation

In these Regulations, unless the context otherwise requires-

"register" means the register kept in relation to stock pursuant to these Regulations;

"registered stock" means stock registered under these Regulations;

"registrar" means the Bank of Zambia and includes any person for the time being authorised by the Bank of Zambia to exercise and perform the functions of the registrar under these Regulations;

"stock" means Issue No. 3 of 1969 and Issue No. 4 of 1969 referred to respectively in the preamble to these Regulations;

"stockholder" means a person holding registered stock who is entered as the owner thereof in the register.

4. General duty of Bank of Zambia

The Bank of Zambia shall, in accordance with the directions of the Minister, make all such arrangements as may be necessary in connection with the issue of the stock and shall prepare and publish in respect of each issue thereof a prospectus setting forth the terms and conditions and such other particulars relating thereto as the Minister may direct.

5. Register

The Bank of Zambia shall keep a register in respect of each issue of stock in which such stock and all transfers and dealings in such stock shall be registered, and in which there shall be entered all such matters as are required by these Regulations to be entered in the register.

6. Liability of Government for payment of principal and interest

(1) The Government shall be bound to pay to any person registered for the time being as a stockholder the principal sum represented by his registered stock, and the interest due thereon, at the rate and on the dates specified in the prospectus relating thereto or, where an option to redeem such stock at an earlier date is reserved by direction of the Minister in such prospectus, in pursuance of such option.

(2) Where any amount has become payable on any date as interest due on any registered stock, no interest on that amount shall, after that date, be paid or payable to any person in any circumstances.

7. Stockholder

(1) No person shall be entitled to any registered stock unless he is registered as a stockholder in respect thereof.

(2) No person shall be registered as a first stockholder of any stock except upon payment in full of the purchase price of that stock.

8. Stock certificate

(1) Every stockholder shall be entitled to obtain from the registrar a stock certificate in respect of his stock.

(2) No stockholder, other than the first stockholder of any stock, shall be entitled to obtain a stock certificate save upon payment of such fee as the registrar may from time to time determine.

(3) Stock certificates in respect of any stock shall be in such form as the registrar may determine.

9. Transfer of stock

The title of any stockholder to any registered stock shall not be deemed to be transferred to any other person save upon the execution of such instrument of transfer as may be approved by the registrar and upon the registration of the transferee as the stockholder.

10. Registration of transfer of stock

No person shall be registered as the transferee of any registered stock except upon surrender to the registrar of the stock certificate and the instrument of transfer relating to that stock and upon payment of such fee in respect thereof as the registrar may from time to time determine.

11. Payment of interest after transfer

Interest which has fallen due in respect of any registered stock at the date of any transfer of such stock, but which has not been paid to the stockholder for the time being, shall not be deemed to be payable to a transferee of that stock unless the instrument of transfer expressly provides for the payment of that interest to that transferee.

12. Closing of register

The register relating to any stock shall be closed for a period of twenty-one days immediately preceding each date upon which interest on that stock falls due and no transfer of that stock shall be registered during that period.

13. Register conclusive evidence

Entries in a register shall be conclusive evidence of the facts, matters, particulars and transactions to which those entries relate, and a copy of any entry in a register shall, if certified under the hand of any person thereunto authorised by the registrar to be a true copy of such entry, be admissible in evidence in any proceedings before a court.

14. Cessation of liability to pay interest

No person shall be entitled to claim interest on any registered stock in respect of any period which has elapsed after the earliest date on which demand could lawfully have been made for the payment of the principal amount due on such stock.

15. Payments

All payments of interest and all payments of the principal amount due on any registered stock shall be made by the Bank of Zambia.

16. Discharge of liability for payment

The liability of the Government in respect of any registered stock redeemed on or after the date on which payment of the principal amount becomes due shall be discharged after the lapse of six years from that date.

17. Consolidation and subdivision

(1) Subject to the directions of the Minister, the registrar may, on the application of any person claiming to be entitled to any registered stock and on surrender to the registrar of the stock certificate relating to such stock, consolidate or subdivide such stock and issue to the applicant one or more new stock certificates as may be required.

(2) There shall be payable in respect of an application under sub-regulation (1) such fee as the registrar may determine.

18. Issue of duplicates and renewals

The registrar may issue duplicate stock certificates and renewals of stock certificates in such circumstances as the Minister may, by direction, specify.

19. Indemnity bonds

Where application is made to the registrar for the issue of a duplicate stock certificate or for the renewal of any stock certificate or for the consolidation or subdivision of any registered stock, the registrar may require the applicant, as a condition precedent to the grant of the application, to execute a bond with or without sureties undertaking to indemnify the Government against the claims of all persons claiming under the original stock certificate or under the stock consolidated or subdivided, as the case may be.

20. Application of Local Loans Registered Stock Regulations

Save in so far as any provision thereof is inconsistent with these Regulations, the Local Loans (Registered Stock) Regulations shall apply, mutatis mutandis, in relation to any stock to which these Regulations apply as those Regulations apply in relation to stock issued under the Local Loans (Registered Stock and Securities) Act, and any reference in those Regulations to the Minister shall, for the purpose of this regulation, be read and construed as a reference to the registrar.

21. Signature of registrar may be printed on stock certificates

The signature of the registrar may be printed, stamped, engraved or impressed by any mechanical process on any stock certificate, and a signature so printed, stamped, engraved or impressed shall be as valid as if it had been inscribed under the hand of the registrar.

22. Notice of trust not receivable

No notice of any trust in respect of any registered stock shall be receivable by the registrar.

23. Form of documents, etc.

All documents or instruments made or used for the purposes of these Regulations shall be in such form as the registrar may, subject to these Regulations and to the directions of the Minister, determine.

24. Inspection of register and documents

(1) No person shall be entitled to inspect, or to receive information derived from, any registered stock in the possession of the registrar or of the Government or any register, book or other document kept or maintained by or on behalf of the Government in relation to registered stock save on payment of such fee and in such circumstances as the registrar may determine.

(2) Nothing in sub-regulation (1) shall apply to the Auditor-General or the Commissioner of Taxes.

LOANS (STOCK, BONDS AND TREASURY BILLS) REGULATIONS

[Section 28]

Arrangement of Regulations

Regulation

PART I
PRELIMINARY

3. General duty of Bank of Zambia

PART II
TREASURY BILLS

4. Bank of Zambia to be agent of Minister

PART III
REGISTRATION OF STOCK AND BONDS

5. Registers to be kept

6. Registration of holders of stock or bonds

7. Stock certificates and bond certificates

8. Transfer of stock or bonds

9. Registration of transfers

10. Closing of register

11. Register conclusive evidence

12. Consolidation and subdivision

13. Issue of duplicates and renewals

14. Indemnity bonds

15. Signature on certificate

16. Notice of trust not receivable

17. Inspection of register and documents

PART IV
PAYMENT OF INTEREST

18. Liability of Government for payment of principal and interest

19. Cessation of liability to pay interest

20. Payment of interest after transfer

21. Payments to be made by Bank of Zambia

22. Discharge of liability of Government

23. Method of payment, and acknowledgment

PART V
GENERAL PROVISIONS

24. Form of documents, etc.

25. Notice of loss or destruction of certificates

26. Provisions relating to joint holders

27. Alterations in register

28. Persons under legal disability

29. Appointment of agents

30. Death of holder

31. Information as to stock or bonds account

32. Indemnity

33. Saving of rights of third parties

[Regulations by the Minister]

SI 85 of 1970.

PART I
PRELIMINARY

1. Title

These Regulations may be cited as the Loans (Stock, Bonds and Treasury Bills) Regulations.

2. Interpretation

In these Regulations, unless the context otherwise requires-

"bonds" means any bonds issued under the Act in respect of a loan;

"certificate" includes a duplicate or renewal of any certificate issued in respect of any stock or bonds under these Regulations;

"holder" , in relation to stock or bonds, means a person holding registered stock or bonds who is registered as the owner thereof;

"register" means a register kept in relation to stock or bonds pursuant to these Regulations, and

"registered" and "registration" shall be construed accordingly;

"Registrar" means the Bank of Zambia;

"stock" means any stock issued under the Act in respect of a loan;

"treasury bills" means any treasury bills issued under the Act.

3. General duty of Bank of Zambia

The Bank of Zambia shall, in accordance with the directions of the Minister, make all such arrangements as may be necessary from time to time in connection with the issue and management of stock, bonds or treasury bills.

PART II
TREASURY BILLS

4. Bank of Zambia to be agent of Minister

In the case of any loan raised under the Act by the issue of treasury bills, the Bank of Zambia shall, as the agent of the Minister, undertake and perform such functions as may be necessary, proper or advantageous in connection with the issue and subsequent administration of such treasury bills.

PART III
REGISTRATION OF STOCK AND BONDS

5. Registers to be kept

The Bank of Zambia shall keep a register in respect of each issue of stock or bonds in which such stock or bonds and all transfers of and dealings in such stock or bonds shall be registered, and in which there shall be entered all such matters as are required by these Regulations to be entered in the register.

6. Registration of holders of stock or bonds

(1) No person shall be entitled to any registered stock or bonds unless he is registered as the holder thereof.

(2) No person shall be registered as a first holder of any stock or bonds except upon payment in full of the purchase price of such stock or bonds.

7. Stock certificates and bond certificates

(1) Every holder of stock or bonds shall be entitled to obtain from the registrar a certificate in respect of his stock or bonds.

(2) No holder of stock or bonds other than the first holder thereof shall be entitled to obtain a stock certificate or bond certificate save upon payment of such fee as the registrar may from time to time determine.

(3) Stock certificates or bond certificates in respect of any stock or bonds shall be in such form as the registrar may determine.

8. Transfer of stock or bonds

The title of any holder to any registered stock or bonds shall not be deemed to be transferred to any other person save upon the execution of such instrument of transfer as may be approved by the registrar and upon the registration of the transferee as the holder of such stock or bonds.

9. Registration of transfers

No person shall be registered as the transferee of any registered stock or bonds except upon the surrender to the registrar of the appropriate stock certificate or bond certificate and the instrument of transfer relating to such stock or bonds and upon payment of such fee in respect thereof as the registrar may from time to time determine.

10. Closing of register

The register relating to any stock or bonds shall be closed for a period of twenty-one days immediately preceding each date upon which interest on such stock or bonds falls due and no transfer of such stock or bonds shall be registered during that period.

11. Register conclusive evidence

Entries in a register shall be conclusive evidence of the fact, matters, particulars and transactions to which those entries relate, and a copy of any entry in a register shall, if certified under the hand of any person thereunto authorised by the registrar to be a true copy of such entry, be admissible in evidence in any proceedings before a court.

12. Consolidation and subdivision

(1) The registrar may, on the application of any person claiming to be entitled to any registered stock or bonds and on surrender to the registrar of the stock or bond certificate relating to such stock or bonds, consolidate or subdivide such stock or bonds and issue to the applicant one or more new stock or bond certificates as may be required.

(2) There shall be payable in respect of an application under sub-regulation (1) such fee as the registrar may determine.

13. Issue of duplicates and renewals

The registrar may issue duplicates and renewals of certificates relating to stock or bonds in such circumstances as the Minister may, by direction, specify.

14. Indemnity bonds

Where application is made to the registrar for the issue of a duplicate stock or bond certificate or for the renewal of any stock or bond certificate or for the consolidation or subdivision of any registered stock or bonds, the registrar may require the applicant, as a condition precedent to the grant of the application, to execute a bond with or without sureties undertaking to indemnify the Government against the claims of all persons claiming under the original certificate or under the stock or bonds consolidated or subdivided, as the case may be.

15. Signature on certificate

The signature of any authorised officer of the registrar may be printed, stamped, engraved or impressed by any mechanical process on any stock certificate or bond certificate, and a signature so printed, stamped, engraved or impressed shall be as valid as if it had been inscribed under the hand of such officer.

16. Notice of trust not receivable

No notice of any trust in respect of any registered stock or bonds shall be receivable by the registrar.

17. Inspection of register and documents

(1) No person shall be entitled to inspect or to receive information derived from any registered stock or bonds in the possession of the registrar or of the Government or any register, book or other document kept or maintained by or on behalf of the Government in relation to registered stock or bonds save on payment of such fee and in such circumstances as the registrar may determine. Inspection of register and documents.

(2) Nothing in sub-regulation (1) shall apply to the Auditor-General or the Commissioner of Taxes.

PART IV
PAYMENT OF INTEREST

18. Liability of Government for payment of principal and interest

(1) The Government shall be bound to pay to any person registered for the time being as the holder of any stock or bonds the principal sum represented by his registered stock or bonds, and the interest due thereon, at the rate and on the dates specified in the prospectus relating thereto or, where an option to redeem such stock or bonds at an earlier date is reserved by direction of the Minister in such prospectus, in pursuance of such option.

(2) Where an amount has become payable on any date as interest due on any registered stock or bonds, no interest on that amount shall, after that date, be paid or payable to any person in any circumstances.

19. Cessation of liability to pay interest

No person shall be entitled to claim interest on any registered stock or bonds in respect of any period which has elapsed after the earliest date on which demand could lawfully have been made for the payment of the principal amount due on such stock or bonds.

20. Payment of interest after transfer

Interest which has fallen due in respect of any registered stock or bonds at the date of any transfer of such stock or bonds but which has not been paid to the holder for the time being of such stock or bonds shall not be deemed payable to a transferee of such stock or bonds unless the instrument of transfer expressly provides for the payment of that interest to that transferee.

21. Payments to be made by Bank of Zambia

All payments of interest and all payments of the principal amount due on any registered stock or bonds shall be made by the Bank of Zambia.

22. Discharge of liability of Government

The liability of the Government in respect of any registered stock or bonds redeemed on or after the date on which payment of the principal amount becomes due shall be discharged after the lapse of six years from that date.

23. Method of payment, and acknowledgment

(1) The interest due on any registered stock or bonds shall be paid by warrant to the registered holder thereof or to any branch of any bank within Zambia, person or body of persons to whom the holder has by request duly made to the registrar authorised the registrar to issue such warrant.

(2) No warrant shall be paid until the receipt thereon for the amount thereby payable has been duly signed, and such receipt shall be a full discharge to the Government and to the registrar for the payment of the sum named in the warrant.

(3) The posting of a letter containing a warrant sent by the registrar in pursuance of these Regulations addressed to any person at the last address furnished by that person to the registrar shall, as regards the liability of the Government and of the registrar, be equivalent to the delivery of the warrant to the person to whom the letter was addressed.

(4) Where in pursuance of these Regulations or in accordance with any authority given thereunder any payment is to be made by the registrar to a firm or a body of persons whether corporate or unincorporate, a receipt for the payment given by any person purporting to be an agent or officer of that firm or body and to be authorised to receive the payment shall be a full discharge to the Government and the registrar for the amount paid.

(5) Where any stock or bonds are registered in the names of two or more persons as joint holders, the registrar may, unless other arrangements with respect to the payment of interest have been made in accordance with these Regulations, pay any interest thereon to the holder whose name appears first in the register.

(6) A receipt for the payment of interest on any stock or bonds which is given by any one of two or more joint holders of such stock or bonds shall, unless notice in writing to the contrary has been received by the registrar from any other joint holder of such stock or bonds, be a full discharge to the registrar and the Government for the payment of that interest.

PART V
GENERAL PROVISIONS

24. Form of documents, etc.

All documents or instruments made or used for the purpose of these Regulations shall be in such form as the registrar may, subject to these Regulations, determine.

25. Notice of loss or destruction of certificates

(1) The loss or destruction of any stock certificate or bond certificate issued by the registrar shall be notified in writing to him as soon as practicable by the person entitled to the possession thereof.

(2) Upon receipt of such notification the registrar shall cause to be published in the Gazette a notice stating that the certificate has been lost or destroyed, as the case may be, and that he proposes, after the expiration of two calendar months from the date of such notice, to issue a duplicate of such certificate.

(3) The person giving such notification shall also be required to issue a notice in a local newspaper, circulating in the district of his residence, stating that the certificate has been lost or destroyed, as the case may be, and that he proposes to apply to the registrar for the issue of a duplicate.

26. Provisions relating to joint holders

(1) Subject to the provisions of these Regulations, any application with respect to stock or bonds in the names of two or more persons as joint holders shall be made by all such persons.

(2) The joint holders of any stock or bonds may authorise any person, including one of themselves, to act as their agent in respect of such stock or bonds and the provisions of these Regulations relating to the authorisation of agents shall apply accordingly.

(3) Where any stock or bonds are registered in the names of three or more holders and an application in that behalf is made in respect of such stock or bonds in accordance with the provisions of this regulation, all things required to be done for the purpose of dealing with such stock or bonds may, subject to the provisions of these Regulations, be done and given by a majority of the persons who are the holders thereof at the date when the application is made, or, in the case of the death of any such persons, by a majority of the survivors of them.

(4) An application for the purpose of this regulation shall be made in writing to the registrar.

(5) A person who is registered as one of the holders of any stock or bonds with respect to which an application has been made under this regulation, may give notice in writing to the registrar that the application is revoked, and on notice being so given the provisions of this regulation shall, as from the receipt of the notice by the registrar, cease to apply to such stock or bonds.

27. Alterations in register

(1) In the event of stock or bonds being registered incorrectly owing to any mistake in the request for registration or transfer, the account relating thereto shall be amended upon the receipt of a letter or declaration, as the case may require, stating how the error arose. In the event of alteration to any name or names in the account which has been necessitated by reason of a transfer, a re-execution of the transfer shall be made by the transferor or by his solicitor.

(2) On the marriage of a female holder, her name and description shall be altered in the register with respect to stock or bonds standing either in her name solely or jointly with any other persons, on such holder producing to the registrar her marriage certificate, and notifying her change of address, if any, and giving full particulars of the accounts in which it is desired to have the alterations made. Specimens of her present and former signatures shall be furnished, and the husband shall not be required to join in the notification.

28. Persons under legal disability

If the holder of any stock or bonds becomes of unsound mind or otherwise subject to legal disability, anything which under these Regulations may be done by or in relation to such holder may be done by or in relation to the person, if any, having power in law to administer the property of such holder, subject to the prior production to the registrar of documentary proof of such power to the satisfaction of the registrar.

29. Appointment of agents

(1) Subject to the provisions of these Regulations, any holder may give an authority in writing authorising any person to act as his agent with respect to stock or bonds held by him or with respect to any interest arising therefrom and such authority may-

(a) relate to the whole of such stock or bonds or to any unit thereof which may at any time be held by the person giving the authority or to the whole of such stock or bonds or to any unit thereof which is held by him at the time when the authority is given; and

(b) authorise the person to whom the authority is given to deal with the stock or bonds or interest to which it relates either generally at his discretion or subject to any directions contained in the authority.

(2) An authority given under this regulation shall be of no effect unless and until it is delivered to the registrar.

(3) An authority given under this regulation may be revoked at any time by the person by whom it was given and shall be determined by the death, bankruptcy or legal disability of that person:

Provided that any payment duly made by the registrar under these Regulations in compliance with an authority given under this regulation shall, notwithstanding the revocation or determination of such authority, be deemed for all purposes to be a valid payment unless notice in writing of the revocation had been received by, or the death, bankruptcy or disability had come to the knowledge of, the registrar at the time when the payment was made.

(4) An authority given under this regulation shall, subject to the terms thereof, until revoked or determined-

(a) remain in force notwithstanding any increase or decrease in the nominal value of the stock or bonds to which it relates;

(b) entitle the person to whom it is given to make any application and sign any document mentioned in these Regulations and to receive any payment in pursuance thereof.

30. Death of holder

(1) The death of a holder shall be proved by production of either probate of the will or letters of administration, or copies of such probate or letters certified by a Notary Public to be true copies, and, where necessary, a declaration as to the identity of the deceased shall be made by some disinterested person.

(2) On the completion of the proof of death of a holder in a joint account, the stock or bonds shall be held at the disposal of the survivor or survivors, but the name of the deceased holder shall not be removed from the account.

(3) On the death of the last survivor in a joint account the stock or bonds, as the case may be, and interest thereon shall be held at the disposal of the executors or administrators of such last survivor.

31. Information as to stock or bonds account

Information with regard to a stock or bonds account shall only be furnished at the request of a holder to whom such account relates or his duly appointed representative.

32. Indemnity

The Government, the registrar, and any person acting under his authority, shall not be liable without proof of negligence or fraud in respect of any payment duly made or act duly done in accordance with these Regulations, and any such payment shall, subject to the provisions of regulation 33, be deemed to have been a valid payment, and a receipt issued by the person to whom the money was paid shall be a full discharge to the Government and to the registrar for the amount of such payment.

33. Saving of rights of third parties

No provision of these Regulations for the protection of the Government and of the registrar in respect of any act done or any money paid shall operate to prevent the recovery by any person or his representative of any stock, bonds or money lawfully due to him from the person to whom such stock or bonds were transferred or such money was paid by or under the direction of the registrar, or from the representative of that person.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 1996

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 32 of 1996.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1996.

2. Delegation of functions

The functions of the Minster under the Act, in so far as such functions relate to the variation of the agreement described in the Schedule to this Order, and all other documents connected to the agreement are hereby delegated to Dunstan Weston Kamana who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the International Development Association (as lenders) and the Government of the Republic of Zambia (as Borrowers) signed on July 18, 1995 for the Economic Recovery and Investment Promotion Credit equivalent to Eight Million Special Drawing Rights US dollors,(SDR8,000,000)

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS)(NO.2) ORDER, 1996

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 105 of 1996.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Declaration of Functions) (No. 2) Order, 1996.

2. Delegation of functions

The functions of the Minister under this Act, in so far as such functions relate to the signing of the proposed agreement described in the Schedule to this Order, and all other documents connected to the agreement are hereby delegated to Dunstn Weston Kamana who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington DC.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the International Development Association (as lenders) and the Government of the Republic of Zambia (as Borrowers) for the Economic Recovery and Investment Promotion Technical Assistance Credit for an amount in various currencies equivalent to Sixteen Million Special Drawing Rights (SDR 16,000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 1997

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 3 of 1997.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1997.

2. Delegation of functions

The functions of the Minister under this Act, in so far as such functions relate to the variation of the Agreement described in the Schedule to this Order and to admit reflows equivalent to Five Million Four Hundred Thousand Special Drawing Rights (SDR5, 400,000) and all other documents connected to the Agreement are hereby delegated to Dunstan Weston Kamana who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the International Development Association (As Lenders) and the Government of the Republic of Zambia (as Borrowers) signed on August 8^th , 1996, for the Second Economic and Social Adjustment Credit (ESAC II).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 1997

[Section 27]

Arrangements of Paragraphs

Paragraph

3. Revocation of S.I. No. 79 of 1997

SI 92 of 1997.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 1997.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to George Nzala who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Counsellor at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

3. Revocation of S.I. No. 79 of 1997

The Loans and Guarantees (Authorisation)(Delegation of functions)(No. 3) Order, 1997, is hereby revoked.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreements between the International Development Association (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Enterprise Development Project and the Environmental Support Programme for amounts in various currencies equivalent to 32 million, six hundred thousand special drawing rights (SDR 32, 600,000) and nine million three hundred thousand special Drawing Right (SDR9, 300,000), respectively.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 6) ORDER, 1997

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 144 of 1997.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 6) Order, 1997.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Dunstan Weston Kamana who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of the Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the International Development Association (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Road Sector Investment Programme (ROADSIP) for amounts in various currencies equivalent to 51 million five hundred thousand special Drawing Right (SDR51, 500,000)

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 1998

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 64 of 1998.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1998.

{mprestriction ids="2,3,5"}

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Duncan Weston Kamana who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the International Development Association (as lenders) and the Government of the Republic of Zambia (as borrowers) for the Power Rehabilitation Project (PRP) for amounts in various currencies equivalent to 55 million one hundred thousand special drawing rights (SDR55, 100, 000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 1999

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 10 of 1999.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1999.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Duncan Weston Kamana who is public officer in the service of the Government of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the International Development Association (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Public Sector Reform and Export Promotion Credit (PSREP) for amounts in various currencies equivalent to One hundred and 22 million seven hundred thousand Special Drawing Rights (SDR122,700,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 1999

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 27 of 1999.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No.2) Order, 1999.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such function relate to the variation of the agreement described in the schedule to this order to admit reflows equivalent to two million special drawing rights (SDR2,000,000) and all other documents connected to the Agreement are hereby delegated to Duncan Weston Kamana who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.

SCHEDULE

[Paragraph 2]

AGREEMENT

The development Credit Agreement between the International Development Association (as Lenders) and the Government of the Republic of Zambia (as Borrowers) signed on February, 1999, for the Public Sector Reform and Export Promotion Credit (PSREP) .

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTION) ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 49 of 2000.

1. Title

This order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2000.

2. Delegation of functions

The Functions of the Minister under the Act in so far as they relate to the Agreement described in the schedule to this Order, and all other documents connected to the agreement are hereby delegated to Dunstan Weston Kamana who is a public officer in the service of the government of the Republic of Zambia and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

The development Credit Agreement between the International Development Association (as Lenders) and the government of the Republic of Zambia (as Borrowers) for the Public Service Capacity Building project (PSCAP) for amounts in various currencies equivalent to Twenty Million Four Hundred Thousand Special Drawing Rights (SDR20,400,000.00).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) N0. 2, ORDER, 2000

[section 27]

Arrangements of Paragraphs

Paragraph

SI 53 of 2000.

1. Title

This order may be cited as the loans and Guarantees (Authorisation) (Delegation of Function) No.2, Order 2000.

2. Delegation of functions

The Functions of the Minister under the Act in so far as they relate to the agreement described in the schedule to this order, and all other documents connected to the agreement are hereby delegated to Richard Mooze Chizyuka , who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Acting Director for Macro-economic policy in the Ministry of finance and Economic Development and is stationed at Lusaka.

SCHEDULE

[Paragraph 2]

The Development Credit Agreement between the Arab Bank for Economic Development in Africa (as lenders) and the government of the Republic of Zambia (as Borrowers) for the construction of the Mongu Kalabo road Project for amounts in various currencies equivalent to ten million, seven hundred thousand United Stated Dollars (US$10,700,000) and the Technical Secondary School at Kapiri-mposhi for an amount not exceeding three million United States Dollars (US$3,000,000).

Specified supplies	Quantity	Minimum taxable value
Fanta	300 mls bottles	K595.74
Sprite	300 mls bottles	K595.74
Sparletta	300 mls bottles	K595.74
Sparberry
Sparletta	300 mls bottles	K595.74
Cream Soda
Crush Orange	300 mls bottles	K425.53
Schweppes	300 mls bottles	K425.53
Lemon
Sport Cola	300 mls bottles	K425.53
Soda Water	170 mls bottles	K595.74
Tonic Water	170 mls bottles	K595.74
Ginger Ale	170 mls bottles	K595.74
Lemonade	170 mls bottles	K595.74
Kinley Tonic	330 mls bottles	K595.74
Gold Sport	330 mls bottles	K595.74
Toni
Citra Lemon	330 mls bottles	K595.74
Brink
Limca	330 mls bottles	K595.74
Others	300 mls bottles	K595.74
(Imported carbonated soft drinks
Pepsi	340 mls Cans	K1,083.40
Diet Pepsi	340 mls Cans	K1,083.40
Pepsi "Africans"	450 mls Cans	K1,250.21
7-up "Africans"	450 mls Cans	K1,250.21
Mirinda	340 mls Cans	K1,083.40
Mirinda	450 mls Cans	K1,250.21
"Africans"
Mckane club	340 mls Cans	K1,083.40
Soda
Frosties beer	340 mls Cans	K1,083.40
Shandy
Shandy
Shani Ginger	340 mls Cans	K1.083.40
Beer
Mountain Dew	450 mls Cans	K1,250.21
Fanta	340 mls Cans	K1,191.49
Coca cola	340 mls Cans	K1,191.49
Sprite	340 mls Cans	K1,191.49
Schweppes	200 mls Cans	K 937.87
Crest soda		K 937.87
Water
Mckane Bitter	200 mls Cans	K 937.87
Lemon
Ginger Ale	200 mls Cans	K 937.87
Pepsi	200 mls Cans	K 937,87
Coca cola	450 mls Cans	K1,446.87
Fanta	450 mls Cans	K1,446,87
Sprite	450 mls Cans	K1,446.87
Other Brands	200 mls Cans	K 937.87
Other Brands	340 mls Cans	K1,191.49
Other Brands	450 mls Cans	K1,446.81
Other Brands	1 litre bottles	K3,829.79
BEER PRODUCT IN ZAMBIA
Castle lager	375 mls bottles	K1,106.38
Castle milk	375 mls bottles	K1,106.38
Stout
Mosi beer	375 mls bottles	K 936.17
Ohlsson's beer	375 mls bottles	K1,021.28
Rhino	375 mls bottles	K 936.17
Other	375 mls bottles	K1,021.28

OPAQUE BEER
1 litre cartons	K 765.96
Chibuku Shake Shake and Mukonga	K 595.74
Chipolopolo	K 765.74
Chinika	K 425.53
Â½ litre cartons Golden Brew	K 340.43

Per litre bulk quantity	Quantity	Minimum taxable value
Imported beers
1.	230 mls bottles	K1, 916.60
2.	375 mls bottles	K1,916.60
3.	330 mls bottles	K1,916.60
4.	750 mls bottles	K3,319.14
CIGARETTES PRODUCED IN ZAMBIA
Rothmans	Packet (20)	K1,787.23
Peter Stuyvesant	Packet (20)	K1,489.36
Consulate	Packet (20)	K1,446.81
Lexington	Packet (20)	K1,787.23
Pallmall	Packet (20)	K1,787.23
Special Mild
Other Brands	Packet (20)	K1,787.23
Imported Cigarettes	Packet (20)	K1,787.23

LOANS AND GUARANTEES (AUTHORISATION)(DELEGATION OF FUNCTION)(NO. 4) ORDER, 2000

[section 27]

Arrangements of Paragraphs

Paragraph

SI 66 of 2000.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions)(No. 4) Order, 2000.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Atan Shansonga who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador of the Republic of Zambia to the United States of America and is stationed in Washington DC.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the International Development Association (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Mine Township Services Project (MTSP) for amounts in various currencies equivalent to 28 million two hundred thousand Special Drawing Rights (SDR 28,200,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 110 of 2000.

1. Title

The Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2000.

2. Delegation of Functions

The functions of the Minister under the Act, in so far as they relate to the agreement described in the schedule to this Order, and all other documents connected to the agreement are hereby delegated to James Mwalimu Mtonga, who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Secretary to the Treasury in the Ministry of Finance and Economic Development and is stationed at Lusaka.

SCHEDULE

[Paragraph 2]

The OPEC Fund Loan Agreement for the Mongu-Kalabo Road Project between the OPEC Fund for International Development (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the construction of the Mongu-Kalabo Road Project for amounts in various currencies equivalent to four million United States Dollars (US$4,000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 5) ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 111 of 2000.

1. Title

The Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 5) Order, 2000.

2. Delegation of Functions

The functions of the Minister under the Act, in so far as they relate to the agreement described in the Schedule to this Order, and all other documents connected to the agreement are hereby delegated to Atan Shansonga, who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

The Development Credit Agreement between the International Development Association (as Lenders) and the Government of Republic of Zambia (as Borrowers) for the Railways Restructuring Project for amounts in various currencies equivalent to Twenty One Special Drawing Rights (SDR 21,000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 6) ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 119 of 2000.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions)(No.6) Order, 2000.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Atan Shansonga who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador of the Republic of Zambia to the United States of America and is stationed in Washington DC.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Second Agreement amending the Development Credit Agreement between the International Development Association (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Fiscal Sustainability Credit (FSC) for amounts in various currencies equivalent to 23 million five hundred thousand Special Drawing Rights (SDR 23,500,000).

LOANS AND GUARANTEES (AUTHORISATION)(DELEGATION OF FUNCTIONS) (NO. 7) ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 123 of 2000.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions)(No. 7) Order, 2000.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Atan Shansonga who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador of the Republic of Zambia to the United States of America and is stationed in Washington DC.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Agreement amending the Development credit agreement between the International Development Association (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Fiscal Sustainability Credit (FSC) for amounts in various currencies equivalent to one million six hundred thousand Special Drawing Rights (SDR 1,600,000).

LOANS AND GUARANTEES (AUTHORIZATION) (DELEGATION OF FUNCTIONS) ORDER, 2001

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 67 of 2001.

1. Title

This Order may be cited as the Loans and Guarantee (Authorization) (Delegation of Functions) Order, 2001.

2. Delegation of functions

The functions of the Minister under the Act in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Boniface Nonde who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Permanent Secretary (Budget and Economic Affairs) in the Ministry of Finance and Economic Development and is stationed in Lusaka.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Loan Agreement and Grant Protocol between the African Development Bank (as lenders) and the Government of the Republic of Zambia (as Borrowers) for the support for Fiscal Transparency and Accountability Programme in the amount of 16 million two hundred thousand unit of Account (UA16, 200,000) and five hundred and 30 thousand Unit of Account (UA 530,000) respectively.

LOANS AND GUARANTEES (AUTHORIZATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2001

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 68 of 2001.

1. Title

This Order may be cited as the Loans and Guarantees (Authorization) (Delegation of Function) (No. 2) Order, 2001.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Atan Shansonga who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the International Development Association (as lenders) and the Government of the Republic of Zambia (as Borrowers) for the Technical Education, Vocational and Entrepreneurship Training (TEVET) Development Project for amounts in various currencies equivalent to 19 million and five hundred thousand special Drawing Rights (SDR 19,500,000).

LOANS AND GUARANTEES (AUTHORISATION)(DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2001

Arrangements of Paragraphs

Paragraph

SI 74 of 2001.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions)(No.3) Order, 2001.

2. Delegation of functions

The functions of the Minster under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Atan Shansonga who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Loan Agreement between the International Development Association (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Regional Trade Facilitation Project in the amount of 15 million United states dollars (US$ 15,000,000).

LOANS AND GUARANTEE (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2002

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 18 of 2002.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Function) Order, 2002.

2. Delegation of functions

The Functions of the Minister under the Act, ion so far as they relate to the Agreements described in the Schedule to this Order, and all other documents connected to the Agreements are hereby delegated to Mr. Bede Mphande who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Acting Chief Economist (Debt) in the Ministry of Finance and National Planning of the Government of the Republic of Zambia.

SCHEDULE

[Paragraph 2]

AGREEMENTS

(1) The Enhanced HIPC Debt initiative Relief Agreement between the OPEC Fund for International Development ("the Fund") and the Government of the Republic of Zambia (as Borrowers) for the purpose of delivering a portion of the Fund's own share of relief under the said initiative to the borrower for amounts in various currencies equivalent to three million six hundred and 50 thousands United States dollars (US$3,650,000).

(2) The loan Agreement between the OPEC Fund for International Development ("the Fund") and the Government of the Republic of Zambia (as Borrower) for the Cancer Diseases Hospital Project for amounts in various currencies equivalent to five million six hundred thousand United States dollar (US$5,600,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2002

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 72 of 2002.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions) (No. 3) Order, 2002.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Walubita Imakando who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as charge D"™ affaires at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Agreement amending the Development Credit Agreement between the International Development Association (as lenders) and the government of the Republic of Zambia (as Borrowers) for the Economic Recovery and Investment Promotion Technical Assistance Project for amounts in various currencies equivalent to five million six hundred thousand Special Drawing Rights (SRD 5,600,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTION) (N0. 2) ORDER, 2002

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 21 of 2002.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Function) (No. 2) Order, 2002.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreements described in the Schedule to this Order and all other documents connected to the Agreements are hereby delegated to Mr Boniface Nonde who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as secretary to the Treasury in the Ministry of Finance and National Planning of the government of the Republic of Zambia.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Debt Relief Grant Aid Agreement Between the government of Japan and the government of the Republic of Zambia (as beneficiary) for the purpose of easing the burden of debt of the Beneficiary as a Least Developed Country amounting to Yen 95,748,000 (approximately US$700,000).

LOANS AND GUARANTEES (AUTHORISATION)(DELEGATION OF FUNCTIONS)(NO. 5) ORDER, 2002

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 85 of 2002.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions)(No. 5) Order, 2002.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this order , and all other documents connected to the Agreement are hereby delegated to Walubita Imakando who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Charge D"™ affaires at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Grant Agreement between the International Development Association (as Donors) and the Government of the Republic of Zambia (as Recipients) for the Zambia National Response for HIV/AIDS (ZANARA) Project for amounts in various currencies equivalent to 30 three million seven hundred thousand special Drawing Rights (SDR 33, 700,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 1997

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 22 of 1997.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 1997.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the variation of the agreement described in the Schedule to this Order, and all other documents connected to the agreement are hereby delegated to Col. Bizwayo Nkunika who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Charge d"™affaires at the Embassy of Zambia to Nigeria and is stationed in Lagos.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the African Development Fund (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Agricultural Sector Investment Programme Credit (Support in Eastern Province) for an amount of Fifteen million Units of Account (UA 15,000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 1996

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 127 of 1996.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 1996.

2. Delegation of functions

The functions of the Minister under this Act, in so far as such functions relate to the signing of the proposed agreement described in the Schedule to this Order, and all other documents connected to the agreement are hereby delegated to Dunstan Weston Kamana who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed at Washington DC.

SCHEDULE

[Paragraph 2]

The Development Credit Agreement between the International Development Association (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Second Economic and Social Adjustment Credit for an amount in various currencies equivalent to Sixty-Two Four Hundred Thousand Special Drawing Rights (SDR62,400,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTION) NO. 3, ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 64 of 2000.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2000.

2. Delegation of functions

The functions of the Minister under the act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Atan Shanssonga who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador of the Republic of Zambia to the United States of America and is stationed in Washington DC.

SCHEDULE

[Paragraph 2]

The Development Credit Agreement between the International Development Association as Lenders and the Government of the Republic of Zambia (as Borrowers) for the Fiscal Sustainability Credit (FSC) for amounts in various currencies equivalent to one hundred and five million thousand special drawing right (SDR 105,500,000)

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2003

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 36 of 2003.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2003.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreements described in the Schedule to this Order, and all other documents connected to the Agreements, are hereby delegated to Dr. Inonge Mbikusita Lewanika who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia in the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENTS

(1) The Development Credit Agreement between the International Development Association (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Copperbelt Environment Project (CEP) for amounts in various currencies equivalent to Fourteen Million One Hundred Thousand Special Drawing Rights (SDR 14,000,000).

(2) The Development Grant Agreement between the International Development Association (as Donors) and the Government of the Republic of Zambia (as Recipients) for the Copperbelt Environment Project (CEP) for amounts in various currencies equivalent to Fifteen Million Five Hundred Thousand Special Drawing Rights (SDR 15, 500,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2003

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 62 of 2003.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2003

2. Delegation of Functions

The functions of the Minister under the Act, in so far as such functions relate to the variation of the agreement described in the Schedule to this Order, and all other documents connected to the agreement hereby delegated to Dr Inonge Mbikusita-Lewanika who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United states of America and is stationed in Washington DC.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Second Agreement Amending Development Credit Agreement between the International Development Association (as Donors) and the Government of the Republic of Zambia (as Recipients) for the Economic Recovery and Investment Promotion Technical Assistance (ERIPTA) Project for amounts in various currencies equivalent to Seven Million three Hundred Thousand Special Drawing Rights (SDR 7,300,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS)(NO. 3) ORDER, 2003

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 122 of 2003.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions)(No. 3) Order, 2003.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreements described in the Schedule to this Order, and all other document connected to the Agreements are hereby delegated to Mr. G. B. Lintini who is a public officer in the service of the Government of the Republic of Zambia, and is at present serving as Acting Director, Investment and Debt Management (IDM), in the Ministry of Finance and National Planning of the Government of the Republic of Zambia.

SCHEDULE

[Paragraph 2]

AGREEMENTS

(1) The Eighth Paris Club Bilateral Agreement between the Government of the Republic of Zambia and the Government of the Republic of France for the write off of the debt amounting to 50 one million, five thousand nine hundred 25 Euros 15 cents (51,005,925.15), being a one hundred per centum (100%) write off of the consolidated amount for the period commencing on 1^stJanuary, 2001 and ending on 31^stMarch,2003.

(2) The Eighth Credit Facility Agreement between the Government of the Republic of Zambia (Borrower) and Oesterreichische Kontollbank AG, Vienna, Austria acting as agent of the Republic of Austria (Lender) for the amount of one million nine hundred 60 thousand, four hundred 13 Euros 20 seven cents (1,960,413.27) being total relief in respect of the consolidation period commencing on 1^stJanuary, 2001 and ending on 31^stMarch, 2003, agreed upon by the creditors.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 2003

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 129 of 2003.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2003.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the agreement described in the Schedule to this Order, and all other documents connected to the agreement, are hereby delegated to Professor Tembo who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to Russia and is stationed in Moscow.

SCHEDULE

[Paragraph 2]

The Agreement amending the Agreement between the Government of the Russian Federation and the Government for the Republic of Zambia relating to the settlement of the debt of the Republic of Zambia to the Russian Federation on previously granted credits.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2004

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 3 of 2004.

1. Title

This order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions) Order, 2004.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Dr Inonge Mbikusita Lewanika who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States and is stationed in Washington.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the International between Development Association (as Lenders) and the Government of the Republic of Zambia (as borrowers) for the Southern Africa Projects Phase 1 for amounts in various currencies equivalent to Eight Hundred Thousand Special Drawing Rights (SDR 800,000)

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS (NO. 2) ORDER, 2004

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 23 of 2004.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2004.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegate to Dr. Inonge Mbikusita-Lewanika who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Credit Agreement between the International Development Association (as Donor) and the Government of the Republic of Zambia (as Recipient) for the Road Rehabilitation and Maintenance (ROADSIP II) project for amounts in various currencies equivalent to 33 million five hundred thousand Special Drawing Rights (SDR 33,500,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2004

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 81 of 2004.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2004.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Lieutenant Colonel Bizwayo Nkunika (Rtd) who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Permanent Secretary to the Ministry of Works and Supply and is stationed in Lusaka.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Loans Agreement between the OPEC Fund for International Development (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Mongu-Kalabo Road Project for an additional loan of Four Million United States dollars (US$4,000,000.00).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 2004

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 82 of 2004,

SI 88 of 2004

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2004.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Lieutenant Colonel Bizwayo Nkunika (Rtd) who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Permanent Secretary to the Minister of Works and Supply and is stationed in Lusaka.

SCHEDULE

[Paragraph 2]

[Sch am by para 2 of SI 88 of 2004.]

AGREEMENT

The Loan Agreement between the Arab Bank for Economic Development in Africa (BADEA) (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Mongu-Kalabo Road Project for an additional loan of Four Million Three Hundred Thousand United States Dollars (US$4,300,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2005

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 1 of 2005.

1. Title

This Order may be cited as the Loans and Guarantees (Authorization) (Delegation of Functions) Order, 2005.

2. Delegation of functions

The function of the Minister under the Act, in so far as they relate to the Agreements described in the Schedule to this Order, and all other documents connected to the Agreements are hereby delegated to Lennard Nkhata who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Permanent Secretary, Finance Management and Administration, in the Ministry of Finance and National Planning and is stationed in Lusaka.

SCHEDULE

[Paragraph 2]

AGREEMENTS

(1) The Loan Agreement between the Republic of Zambia (as Borrower) and the OPEC Fund for International Development (as Lenders) for Kafulafuta-Luanshya Road Project for a loan amount of Six Million United States Dollars (US$6,000,000).

(2) The Loan Agreement between the OPEC fund for International Development (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the Mongu-Kalabo Road Project for an additional loan amount of Four Million United States Dollars (US$4,000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2005

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 28 of 2005.

1. Title

This Order may be cited as the Loans and guarantees (Authorisation) (Delegation of Functions) Order, 2005.

2. Delegation of Functions

The functions of the Minister under the Act, in so far as such functions relate to the agreements described in the Schedule to this Order, and all other documents connected to the Agreements, are hereby delegated to Mr. Ian Sikazwe who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to France and is stationed in Paris.

SCHEDULE

[Paragraphs 2]

1. The agreement on Debt Reorganisation between the Government of the Republic of Zambia (as Borrowers) and the Government of the French Republic (as Lenders) for the cancellation of debts estimated at Eleven Million Hundred and Thirty-Three Thousand Seven Hundred and Thirty-Six Fifty One Euros (Euro 11,833,736.51 arising from the extension of the Paris Club agreed minute dated September 13, 2002.

2. The Agreement on Debt Consolidation between the Government of the French Republic (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the cancellation of debts estimated at Seventeen Million Nine Hundred and Fifty-Three Thousand Three Hundred and Fifty-Four Fifty-Five Euros (Euros 17,953,354.55) arising from previous loan agreements or export contracts being cancelled as a result of the extension of the Paris Club agreed minute dated September 13, 2002.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2005

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 33 of 2005.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2005.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr Godfrey C. Musonda who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to Nigeria and is stationed in Abuja.

SCHEDULE

[Paragraph 2]

The Loans Agreement between the Republic of Zambia (as Borrowers) and the African Development Fund (as Lenders) for the project to support the Lake Tanganyika Integrated Regional Programme for an amount not exceeding the equivalent of Three Million Two Hundred and Sixty Thousand Units of Account (UA 3,260,000).

LOANS AND GUARANTEES (AUTHORISATION) ACT (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2005

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 52 of 2005.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2005.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the agreement described in the Schedule to this Order, and all other documents connected to the agreement, are hereby delegated to Ms Lucy M. Mungoma who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to Italy and is stationed in Rome.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Agreement between the Republic of Zambia (as Borrowers) and the International Fund for Agricultural Development (as Lenders) for the Rural Finance Programme for an amount not exceeding Nine Million, Two Hundred and Fifty Thousand Special Drawing Rights (SDR 9,250,000.00) the equivalent of Thirteen Million Eight Hundred and Eleven Thousand United States Dollars (US$13,811,000.00).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2006

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 78 of 2006.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2006.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to professor Royson M. Mukwena who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as High Commissioner of Zambia to Tanzania and is stationed in Dar-es-salaam.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Loan Agreement between the Government of the People's Republic of China and the Governments of the United Republic of Tanzania and the Republic of Zambia (as borrowers) on a special loan provided by the Chinese Government to Tanzania-Zambia Railway Authority for an interest free loan of One Hundred Million Renminbi yuah to be drawn within a period of five years from 1^stJanuary, 2007 to 31^stDecember, 2011.

Of the total amount of the loan, Fifty million Renminbi Yuah shall be for the Government of the United Republic of Tanzania and the other 50 million Renminbi Yuan shall be the Government of the Republic of Zambia.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2006

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 97 of 2006.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2006.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Dr. Inonge Mbikusita Lewanika who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of the Republic of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

The Finance Agreement between the Government of the Republic of Zambia and the International Development Association for the Water Sector Performance Improvement Project in the amount of SDR 15.7 million (US$23.00 million equivalent).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 2006

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 98 of 2006.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2006.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Cecil Holmes who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of the Arab Republic of Egypt and is stationed in Cairo.

SCHEDULE

[Paragraph 2]

The Loan Agreement between the Arab Bank for Economic Development in Africa (as Lenders) and the Government of the Republic of Zambia (as Borrowers) for the projects for the rehabilitation of water treatment schemes in six towns, namely Mbala, Kasama, Mpika, Kawambwa, Mansa, Luapula and Chililabombwe in the amount of Six Million, Eight Hundred Thousand United States Dollars (US$6,800, 000.00).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 5) ORDER, 2006

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 113 of 2006.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions)(No.5) Order, 2006.

2. Delegation of Functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Scheduled to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Mathias Daka who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Deputy Permanent Representative at the Permanent Mission of the Republic of Zambia to the United Nations Offices in Geneva.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Loan Agreement between the Government of the Republic of Zambia (as Borrowers) and the OPEC Fund for International Development (as Lenders) for the rehabilitation and improvement of the water supply in towns of Kasama, Mbala, Mpika, Chililabombwe, Kaswambwa and Mansa in the amount of Four Million United States Dollars (US $4,000,000.00)

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2007

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 41 of 2007.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2007.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Professor Royson M. Mukwena who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as High Commissioner of the Republic of Zambia to the United Republic of Tanzania and is stationed in Dar-es-salaam.

SCHEDULE

[Paragraph 2]

AGREEMENT

The 13^th Protocol between the Government of the Republic of Zambia, the Government of the United Republic of Tanzania and the Government of the People's Republic of China on economic and technical co-operation for Tanzania-Zambia Railways Authority made pursuant to the Loan Agreement between the Government of the People's Republic of China (as lenders) and the Government of the United Republic of Tanzania and the Government of the Republic of Zambia (as borrowers) for a special loan provided by the Chinese Government to Tanzania-Zambia Railways Authority for an interest free loan of one hundred million (100,000,000) Reninbi Yuan signed on 22^nd June, 2006

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2007

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 78 of 2007.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2007.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Lupando Mwape who is a public officer in the service of the Government of the Republic of Zambia as Ambassador at the Zambian Embassy to the People's Republic of China and is stationed in Beijing.

SCHEDULE

[Paragraph 2]

The Government Concessional Loan Restructuring Agreement Between the Government of the Republic of Zambia (as Borrower) and the Export-Timber Bank of China (as Lender) for the Mulungushi Textiles Ltd Technical Rehabilitation Project in the amount of Renminbi 194 million 1,21,000 and 569 Yuan and 21 cents (CYN194,121,569.21).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2007

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 79 of 2007.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2007.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Lupando Mwape who is a public officer in the service of the Government of the Republic of Zambia as Ambassador at the Zambian Embassy to the People's Republic of China and is stationed in Beijing.

SCHEDULE

[Paragraph 2]

The Government Concessional Loan Restructuring Agreement Between the Government of the Republic of Zambia (as Borrower) and the Export-Timber Bank of China (as Lender) for the Mulungushi Textiles Ltd Technical Rehabilitation Project in the aggregate amount not exceeding Renminbi Three Hundred Million Yuan (CYN300, 000,000.00).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 2007

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 95 of 2007.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2007.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr. Love Mutesa who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of the Republic of Zambia to Switzerland and is stationed in Geneva.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Copperbelt Feeder Road Rehabilitation Project Loan Agreement between the Republic of Zambia (as borrowers) and the OPEC Fund for International Development (as Lenders) in the amount of United States Dollars Six Million (US$6,000,000.00)

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 9 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2009.

2. Delegations of Functions

The functions of the Minister under the Act, in so far as such Functions relate to the Agreement Described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr. Mathias Daka who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Charge de' Affaires at the Zambian Embassy and is stationed in Geneva, Switzerland and is accredited to the Republic of Austria.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Kalabo-Sikonga Angola Border Road Project Loan Agreement between the Republic of Zambia (A Borrower) and the OPEC Fund for international Development (As Lender) in the amount of United States Dollars 10 million (US$10, 000,000.00)

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 28 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2009.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreements described in the Schedule to this Order, and all other documents connected to the Agreements, are hereby delegated to Mr. Lupando A. F. K. Mwape, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador of the Republic of Zambia to the People's Republic of China and is stationed in Beijing.

SCHEDULE

[Paragraph 2]

AGREEMENTS

1. The Upgrading of Hardstandings and Construction of New Storage Sheds Projects Loan Agreement between the Republic of Zambia (as borrower ) and the Export and Import Bank of China (as lender ) in the amount of the Chinese Renminbi Yuan 80 six million, five hundred and 30 thousand (RMB Yuan 86, 530,000).

2. The Completion of the Banquet Hall Conference Centre and the Landscaping at the Government Complex Building Project Loan Agreement between the Republic of Zambia (as borrower) and Export and Import Bank of China (as lender) in the amount of the Chinese Renminbi Yuan one hundred and 90 one million (RMB Yuan 191, 000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 34 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2009.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr. Micheal U. Mwaanga, who is a public officer in the service of the Government of the Republic of Zambia, at the Ministry of Finance and National Planning.

SCHEDULE

[Paragraph 2]

Phase II of the Cancer Diseases Hospital Project Loan Agreement between the Republic of Zambia (as borrower) and the OPEC Fund for International Development (OVID) (as Lender) in the amount of United States Dollars Six million (US$ 6, 000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO.4) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 98 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2009.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relates to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Ms Lucy Mungoma, who is a public officer in the service of the Government of the Republic of Zambia, as Ambassador at the Zambian Embassy stationed in Rome, Italy.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Smallholder Agribusiness Promotion Programme (SAPP) Loan Agreement between the Republic of Zambia (as borrower) and the International Fund for Agricultural Development-IFAD (as lender) in the amount of the United States Dollars 20 million (US$ 20, 000,000.00).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO.6)ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 102 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions) (No.6) Order, 2009.

2. Declaration of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr Lupando A. F. K. Mwape, who is a public officer in the service of the Government of the Republic of Zambia,and who is at present serving as Ambassador at the Zambian Embassy to the People's Republic of China and is stationed in Beijing, China.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Procurement of Non- Intrusive Container scanning Equipment Project Government Concessional Loan Agreement between the Export-Import Bank of China (as lender) and the Government of the Republic of Zambia (as borrower) for three hundred and fifty million Renminbi Yuan (RMB 350,000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 9 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2009.

2. Delegations of Functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 28 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2009.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENTS

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 34 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2009.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr. Micheal U. Mwaanga, who is a public officer in the service of the Government of the Republic of Zambia, at the Ministry of Finance and National Planning.

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO.4) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 98 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2009.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

insert 99 to 115 here25 The Smallholder Agribusiness Promotion Programme (SAPP) Loan Agreement between the Republic of Zambia (as borrower) and the International Fund for Agricultural Development-IFAD (as lender) in the amount of the United States Dollars 20 million (US$ 20, 000,000.00).

LOANS AND GUARANTEES(AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO.6)ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 102 of 2009

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions) (No.6) Order, 2009.

2. Declaration of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr Lupando A. F. K. Mwape, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Zambian Embassy to the People's Republic of China and is stationed in Beijing, China.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2011

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 51 of 2011,

SI 53 of 2011.

1. Title

This Order maybe cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2011.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr Likolo Ndalamei, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as Secretary to the Treasury.

SCHEDULE

[Paragraph 2]

[Sch am by reg 2 of SI 53 of 2011.]

AGREEMENT

The Water Supply to Six Towns Project (Phase II) Loan Agreement between the Republic of Zambia (as borrower) and the Arab Bank for Economic Development in Africa (as lender) in the amount of United States Dollars ten million (US$10, 000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2011

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 81 of 2011.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2011.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Likolo Ndalamei, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as Secretary to the Treasury.

SCHEDULE

[Paragraph 2]

AGREEMENTS

1. Placement Agency Agreement that gives Standard Chartered Bank the mandate to raise US$150 million from select investors through a private placement.

2. Note Purchase Agreements in which the Government and investors agree to the issuance and subscription of the notes respectively. The agreement with the different investors will collectively amount to the maximum of US$ 150 million.

3. Agency Agreement that allows the Government and the Bank of Zambia to appoint Deutsche Bank Luxembourg S. A as the Fiscal Agent, Registrar and Replacement Agent.

4. Deed of Covenant that outlines the process for the issuance, trading and redeeming of the notes to be issued.

5. Global Note to be issued once investors have subscribed to the bond through the Note Purchase agreement in respect of the US$150 million.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2011

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 81 of 2011.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2011.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Likolo Ndalamei, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as Secretary to the Treasury.

SCHEDULE

[Paragraph 2]

AGREEMENTS

1. Placement Agency Agreement that gives Standard Chartered Bank the mandate to raise US$150 million from select investors through a private placement.

3. Agency Agreement that allows the Government and the Bank of Zambia to appoint Deutsche Bank Luxembourg S. A as the Fiscal Agent, Registrar and Replacement Agent.

4. Deed of Covenant that outlines the process for the issuance, trading and redeeming of the notes to be issued.

5. Global Note to be issued once investors have subscribed to the bond through the Note Purchase agreement in respect of the US$150 million.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2011

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 135 of 2011.

1. Title

This Order maybe cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2011.

2. Delegation of functions

The Functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Lieutenant General Samuel Mapala,, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as Zambia's Ambassador to Italy and Permanent Representative to the Food and Agriculture Organisation, World Food Programme and the International Fund for Agricultural Development based in Rome, Italy.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Financing Agreement between the Republic of Zambia and the International Fund for Agricultural Development relating to the Smallholder Productivity Promotion Programme (S3P) for a loan amounting to 15 million and 40 five thousand Special Drawing Rights (SDR 15.45 million) and a grant amounting to four million seven hundred and 87 thousand Euros (Euros 4.787 million).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2011

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 136 of 2011.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2011.

2. Delegation of functions

The Functions of the Minister under the Act, in so far as such functions relate to the Agreements described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Doctor Fortune Kamusaki, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as Chief Economist in the Investments and Debt Management Department in the Ministry of Finance, based at the Ministry of Finance Headquarters in Lusaka, Zambia.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Depository and Escrow Agreement between the Republic of Zambia and the Federative Republic of Brazil.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2012

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 58 of 2012.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) Order, 2012.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the issuance by the Government of the Republic of Zambia of a sovereign bond on the international market as specified in the Schedule and the signing of the documents related to the issuance of the sovereign bond are hereby delegated to Mr. Felix Nkulukusa who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Permanent Secretary (Economic Management and Finance) at the Ministry of Finance, Zambia.

SCHEDULE

[Paragraph 2]

APPROVED ACTS AND TRANSACTIONS

Sovereign bond issued by the Republic of Zambia on the international market and the signing of the transaction documents related to the issuance of the sovereign bond as follows:

(a) approval of the public announcement, including the content of such announcement, of the proposal to proceed with the issue of United States dollars denominated bonds in the international capital markets and the commencement of book building in relation to the issue of United States dollars denominated bonds;

(b) determination, approval and agreement of the final pricing terms of the issue of the United States denominated bonds;

(c) determination, approval and agreement of the final pricing terms of the issue of the United States dollar denominated bonds with Barclays Bank Plc and Deutsche Bank AG, London Branch as Joint Lead Managers of the issue of United States dollar denominated bonds on behalf of the Republic of Zambia, including the coupon, issue size maturity date and issue price of the Notes on the terms to be formally inserted into a pricing term sheet;

(d) approval of the Final Prospectus relating to the United States dollar denominated bonds; and

(e) the signature and delivery of the Issue Document, including the Subscription Agreement, the Agency Agreements, the Deeds of Covenant and the Notes on behalf of the Republic of Zambia.

LOANS AND GUARANTEES (DELEGATION OF FUNCTIONS) (NO.2) ORDER, 2012

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 68 of 2012.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions) (No.2) Order,2012.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to His Excellency, Mr Mwelwa N. Chibesakunda, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Zambia's Ambassador to Japan and is stationed in Japan.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Loan Agreement for the Kazungula Bridge Construction Project between the Japan International Cooperation Agency, as Lender and the Government of the Republic of Zambia, as Borrower, in the sum of Two Billion Eight Hundred Seventy-Seven Million Japanese Yen (Â¥2,877,000,000.00)

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2012

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 76 of 2012.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2012.

2. Exemption

The agreement specified in the Schedule is exempt from the requirement to pay two percent of the loan guaranteed under the agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

The agreement between the Industrial and Commercial Bank of China, as Lender, and ZESCO Limited, as Borrower, in the sum of US$ 285 million for the 330 kv Pensulo-Msoro-Chipata West Transmission Project and the 330 kv Pensulo-Kasama Power Transmission Project.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2012

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 81 of 2012.

1. Title

(1) This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2012.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to His Excellency, Lieutenant General Herbert Rickey Chose Simutowe who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Zambia's High Commissioner to Egypt.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Loan Agreement between the Republic of Zambia, as Borrower, and the Arab Bank for Economic Development in Africa (BADEA), as Lender, for a loan amounting to the sum of Five Million Four Hundred United States Dollars (USD 5,400,000.00) for use on the construction of Sesheke University College for Mathematics and Science.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2013

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 77 of 2013.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2013.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule, and all other documents connected to the Agreement, are hereby delegated to Ms. Mwitwa Mulonda, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as the Charge D"™Affaires at the Zambian Embassy in Berlin, Germany.

SCHEDULE

[Paragraph 2]

Agreement

The Loan Agreement between the Government of the Republic of Zambia, as Borrower, and the OPEC Fund for International Development (OFID), as Lender, for a loan amounting to the sum of Ten Million United States Dollars (US$10,000,000) relating to the co-financing of the three technical colleges in Petauke, Sesheke and Solwezi districts.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2014

[Section 37]

Arrangement of Paragraphs

Paragraph

SI 12 of 2014.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2014 .

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are delegated to Felix Nkulukusa, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as the Acting Secretary to the Treasury in the Ministry of Finance.

SCHEDULE

[Paragraph 2]

Agreement

The Loan Agreement 'between the Republic of Zambia and the Kuwait Fund for Arab Economic Development relating to the co-financing of the establishment of the Teachers Training College Project in North-Western Province of Zambia for an amount equivalent to four million Kuwait Dinar s (K.D. 4,000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2014

[Section 27]

Arrangement of Paragraphs

Paragraph

SCHEDULE

SI 20 of 2014.

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of functions) (No. 2) Order, 2014.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are delegated to Pamela Chibonga-Kabamba, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as the Permanent Secretary in the Ministry of Finance.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Loan Agreement between the Republic of Zambia and the Abu Dhabi Fund for Development (ADFD) for a loan in an amount equivalent to thirty-six million, seven hundred and thirty thousand dirhams and relating to the co-financing of the construction of the three university colleges project in Sesheke, Solwezi and Petauke in the Republic of Zambia.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2014

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 29 of 2014.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2014.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the transactions and acts described in the Schedule and all other documents connected to such transactions and acts, are hereby delegated to Mr. Felix Nkulukusa who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as Permanent Secretary at the Ministry of Finance.

SCHEDULE

[Paragraph 2]

Authorised Acts and Transactions

Sovereign bond issued by the Republic of Zambia on the international market and the signing of the transaction documents related to the issuance of the sovereign bond as follows-

(a) approval of the public announcement, including the content of such announcement, of the proposal to proceed with the issue of United States dollar denominated bonds in the international capital markets and the commencement of book building in relation to the issue of United States dollar denominated bonds;

(b) determination, approval and agreement of the final pricing terms of the issue of the United States dollar denominated bonds with Barclays Bank PLC and Deutsche Bank AG, London Branch as Joint Lead Managers of the issue of United States dollar denominated bonds on behalf of the Republic of Zambia, including the coupon, issue size, maturity date and issue price of the Notes on the terms to be formally inserted into a pricing term sheet;

(d) the signature and delivery of the issue documents, including the Subscription Agreement, the Agency Agreement, the Deed of Covenant and the Notes on behalf of the Republic of Zambia.

APPENDIX

[Paragraph 3]

BOUNDARY NARRATIVE DESCRIPTION

NGABWE DISTRICT

Starting at the confluence of the Lukanga River and the Kafue River, the boundary follows the Kafue River to its confluence with Kasanga River; thence up the Kasanga River to its source, thence on a bearing of 236 degrees for a distance of 17 kilometres to the southern end of Kayamba Hills; thence northwards along the Kayamba hills and along the watershed between Lunga and Luswishi Rivers for a distance approximately 70 kilometres to a point 54 kilometres due west of the confluence of Mininga and Luswishi Rivers; thence eastwards to the confluence of Maninga and Luswishi Rivers; thence down the Luswishi River to its confluence with the Kafue River; thence up the Kafue River to its confluence with the Ipumbu River; thence up the Ipumbu River to its source; thence on a bearing of 142 degrees for a distance of 18 5 kilometres to the source of Mushipashi River; thence down the Mushipashi River to its confluence with the Lukanga River; thence down the Lukanga River to the shore line of Lukanga Swamp; thence along the eastern side of the Lukanga shore line to Mufukushi Stream and Mwatishi Stream; thence southward crossing the Road D774, proceeding to the confluence of Lyansa and Kamutundwa Streams, (he point of entry of Lyansa Stream into Lukanga Swamp; thence down the Lyansa River for a distance approximately 32 kilometres; thence on a bearing of 315 degrees for a distance of 22 kilometres; thence due west in a straight line for a distance of 50 kilometres to the point where the Lukanga River leaves the Swamp; thence down Lukanga River to its confluence with the Kafue River, the point of starting.

KAPIRI MPOSIN DISTRICT

Starting at the confluence of Mushipashi River and Lukanga River the boundary follows the Lukanga River upstream to a point at grid reference PQ680676; thence on a bearing of 85 degrees for a distance of 12 kilometres to Railway Mile Peg 1373 on the eastern boundary of Zambia Railways Strip Reserve; thence in a northerly direction along the eastern boundary of the Zambia Railways Strip Reserve, skirting the eastern boundaries of the Fubera Siding Reserve Right, the former eastern portion of Kashitu Township Reserve, and the Lubwe crossing loop, to the point where this boundary is intersected by the south-eastern boundary of Katanino Forest Reserve No 34 at grid reference PQ 840925; thence following the southern boundary of Katanino Forest Reserve, in an easterly direction, passing through trig point 61/ZP. to the south-eastern corner of the said forest reserve, at grid reference PQ891945; thence on a bearing of 80 degrees for a distance of 8.5 kilometres to the confluence of the Mobi and Mubalashi Rivers; thence down the Mubalashi River to its confluence with the Lunsemfwa River; thence down the Lunsemfwa river to the face of the Muchinga Escarpment, at Grid Reference QP274759; thence in a westerly direction, following the northern boundary of the Luano Game Management Area No. 15 along the upper edge of the Muchinga Escarpment, to the confluence of the Lilunga and Mulungushi Rivers, at grid reference QP033636: thence up the Mulungushi River to its confluence with the Chitakata River; thence up the Chitakata River to its confluencc with the Lukali River; thence up the Lukali River to a point opposite beacon SKI 80, the southern Beacon of Farm No. 2767; thence north-eastwards, north-westwards and south-westwards through Beacons SE 179. SE 178 and SE 177 to the Lukali River; thence up the l.ukali River to beacon L6 of farm No. 384a; thence following the north-eastern boundary of Farm No. 384a through Beacon L5 to Beacon L4, the most northerly Beacon of Farm No. 384a on the eastern boundary Lenje Reserve No. XV; thence in a south-westerly direction following the boundaries of Farm No. 384a, Farm No. 1531 and Farm No. 1530, though Beacons L3, J465 and J464 to Beacon J480, the western Beacon of Farm No. 1530; Thence following the watershed between the Lukanga Swamp and Mulungushi River in a generally southerly direction through Beacons SE 54, SE, 55, SE 56, SE 57, SE 58, SE 59, SE 60, SE 61. BH 57, BH 58 and BH 59 to Beacon J497, the most northerly Beacon of 1541 thence south-westwards along the north-western boundary of Farm 1541 to beacon V396, the north-western corner of Farm No. 838; thence southwards along the western boundary of Farm No. 838, through Beacon V397, to the point where the said boundary intersects the Munga River; thence tip the Munga River to the point where it intersects the western boundary of farm 135a; thence south-eastwards along the western boundary of Farm No. 135a to beacon C890, southern Bcacon of the said farm; thence in a south westerly direction, following the north-westerly boundaries of Farms No. 2116 and No. 2114, to the point of intersection with the Lyansa River at Grid Reference PP 306867, thence down Lyansa Stream to its point of entry into Lukanga Swamp, at Grid reference PP020924; thence northwards crossing over the road D774 continuing along the eastern side of the Lukanga Swamp shore line to Mwatishi and Mufukushi Streams; thence to a point where the Lukanga River enters Lukanga Swamp; thence northwards up the Lukanga River to its confluence with the Mushipashi River, the point of starting.

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2014

[Section 14]

Arrangement of Paragraphs

Parargaph

SI 30 of 2014.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2014.

2. Exemption

The agreement specified in the Schedule are exempt from the requirement to pay two per cent of the loans guaranteed under the agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

1. The Agreement dated 5th March, 2014 between ZESCO Limited (as Borrower) and Nordea Bank AB (publ) and the Standard Bank of South Africa Limited (as Original Lenders), Nordea Bank AB (publ) and the Standard Bank of South Africa (as Arrangers), Nordea Bank AB (publ) (as Agent) and Nordea Bank AB (publ) (as EKN Agent) for a loan of up to United States dollars one hundred thirty-three million, three hundred eighty-five thousand, one hundred and five (USD 133,385,105) for connecting North-Western Province to the National Grid Project; and

2. The Commercial Loan Facility Agreement dated 5th March, 2014 between ZESCO Limited (as Borrower), the Standard Bank of South Africa Limited (as Original Lender) and the Standard Bank of South Africa Limited (as Arranger) and the Standard Bank of South Africa Limiled (as Agent), for a loan of up to United States dollars twenty-nine million, five hundred sixty-eight thousand, one hundred forty-eight and thirty-three cents (US$29,568,148.33) for connecting North-Western Province to the National Grid Project.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2014

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 55 of 2014.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2014.

2. Delegation of functions

The functions of the Minister under the Act, in so far as the functions relate to the signing of the National Indicative Programme with the European Union as specified in the Schedule is delegated to Mr. Fredson Kango Yamba, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as Secretary to the Treasury in the Ministry of Finance, Zambia.

SCHEDULE

[Paragraph 2]

The National Indicative Programme (NIP)

The National Indicative Programme (NIP) between the Government of the Republic of Zambia (GRZ) and the European Union (EU) covering the period 2014 to 2020 that operationalises the 11th European Development Fund, and provides financing amounting to â‚¬ 484 million.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2015

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 36 of 2015.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2015.

2. Delegation of functions

The functions of the Minister under the Act in so far as the functions relate to the signing of the Agreement described in the Schedule, and all other documents connected to the Agreement, are delegated to Mr. Bwalya S. K. Chiti, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador to the Federal Republic of Germany.

SCHEDULE

[Paragraph 2]

Agreement

The Loan Agreement between the Republic of Zambia and the OPEC Fund for International Development (OFID) relating to the National Rural Water Supply and Sanitation Program, for a loan amounting to fourteen million United States dollars (US$14,000,000).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2015

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 16 of 2015.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2015.

2. Alteration of boundaries

The functions of the Minister under the Act, in so far as the functions relate to the signing of the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are delegated to Mrs Pamela Chibonga-Kabamba, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Permanent Secretary (Budget and Economic Affairs) at the Ministry of Finance, Zambia.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Financing Agreement between the Republic of Zambia and the International Fund for Agricultural Development relating to the Enhanced Smallholder Livestock Investment Programme (E-SLIP) for a loan amounting to nine million and three hundred thousand Special Drawing Rights (SDR9,300,000) and a grant amounting to five hundred and seventy thousand Special Drawing Rights (SDR570,000).

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2015

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 22 of 2015.

1. Title

The Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2015.

2. Exemption

The agreements specified in the Schedule are exempt from the requirement to pay two percent of the loans guaranteed under the agreements.

SCHEDULE

[Paragraph 2]

AGREEMENTS

The Loan agreement between the Itezhi Tezhi Power Corporation Limited (as Borrower) and the African Development Bank (as Lender) and Citibank International PLC (as Facility Agent) in the sum of United States dollars thirty five million (USD 35,000,000.00) for the development of the 120 mega watts hydro power generation project at Itezhi tezhi dam.

The loan agreement between the Itezhi Tezhi Power Corporation Limited (as Borrower) and the Development Bank of Southern Africa Limited (as Lender) and Citibank International PLC (as Facility Agent) in the sum of United States dollars thirty five million (USD 35,000,000.00) for the development of 120 mega watts hydro power generation project at Itezhi Tezhi dam.

The loan agreement between the Itezhi Tezhi Power Corporation Limited (as Borrower) and the Nederlandse Financierings-Maatshappij Voor Ontwikkelingslanden N.V. (as Lender) and Citibank International PLC (as Facility Agent) in the sum of United States dollars thirty five million, nine hundred and ninety four thousand, one hundred and forty seven and fifty cents (USD 35,994,147.50) for the development of the120 mega watts hydro power generation project at Itezhi Tezhi dam.

The loan agreement between the Itezhi Tezhi Power Corporation Limited (as Borrower) and the SociÃ©tÃ© de Promotion et Participation pour la Cooperation Ã‰conomique, SociÃ©tÃ© Anonyme (as Lender) and Citibank International PLC (as Facility Agent) in the sum of United States dollars thirty five million, nine hundred and ninety four thousand, one hundred and forty seven and fifty cents (USD 35,994,147.50) for the development of the 120 mega watts hydro power generation project at Itezhi Tezhi dam.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2015

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 47 of 2015.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2015.

2. Delegation of functions

The functions of the Minister under the Act, in so far as the functions relate to the transactions and acts described in the Schedule, and all other documents connected to such transactions and acts, are delegated to Mr Fredson Kango Yamba, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Secretary to the Treasury.

SCHEDULE

[Paragraph 2]

AUTHORISED TRANSACTIONS AND ACTS FOR ISSUANCE OF SOVEREIGN BOND ON INTERNATIONAL CAPITAL MARKETS

1. To approve the public announcement, including the content of the public announcement, of the proposal to proceed with the issue of United States dollar denominated bonds in the international capital markets and the commencement of bookbuilding in relation to the issue of United States dollar denominated bonds.

2. To determine, approve and agree the final pricing terms of the issue of the United States dollar denominated bonds with Barclays Bank PLC and Deutsche Bank AG, London Branch as Joint Lead Managers of the said issue of United States dollar denominated bonds on behalf of the Republic of Zambia, including the coupon, issue size, maturity date and issue price of the Notes, such terms to be formally inserted into a pricing term sheet.

3. To approve the Final Prospectus relating to the U.S. dollar denomination bonds and to sign, where applicable, and deliver the Issue Documents including the Subscription Agreement, the Agency Agreement, the Deed of Covenant and the Notes on behalf of the Republic of Zambia.

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) (NO. 2) NOTICE, 2015

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 62 of 2015.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) (No. 2) Notice, 2015.

2. Exemption

The agreements specified in the Schedule are exempt from the requirement to pay two per cent of the amounts guaranteed under the agreements.

SCHEDULE

[Paragraph 2]

AGREEMENTS

1. The Power Purchase Agreement dated 1st September, 2011, between Maamba Collieries Limited and ZESCO Limited, under which-

(a) Maamba Collieries Limited shall design, finance, commission, own, operate and maintain a coal-fired power generation plant with a design capacity of 300 Mega Watts as the project site in Maamba, being phase 1 of the Maamba Collieries Limited's contemplated development plan;

(b) ZESCO Limited shall, on the terms and conditions set out in the Power Purchase Agreement, purchase and accept delivery of electrical energy generated by the power station at Maamba into its distribution system; and

(c) ZESCO shall pay for the generation capacity available or deemed to be available to it at the power station, on a take or pay basis; and

2. The Transmission Agreement dated 10th April, 2012, between Maamba Collieries Limited and ZESCO Limited under which-

(a) Maamba Collieries shall design, finance, commission, own, operate and maintain a coal-fired power generation plant with a design capacity of 300 Mega Watts at the project site in Maamba, being phase 1 of the Maamba Collieries Limited's contemplated development plan;

(b) Maamba Collieries Limited shall design, construct and commission the power station and the transmission line to enable the transmission of electrical energy from the power station to the delivery point;

(c) ZESCO Limited shall purchase and accept delivery of electrical energy generated by the power station at Maamba Collieries in a ZESCO grid system at the delivery point; and

(d) Maamba Collieries Limited shall supply electrical energy to ZESCO Limited.

LOANS AND GUARANTEES (AUTHORISATION) (SINKING FUND) (2022 AND 2024 SOVEREIGN EUROBONDS) (ESTABLISHMENT AND MANAGEMENT) REGULATIONS, 2015

[Section 28]

Arrangement of Regulations

Regulation

3. Establishment and purpose of sinking fund

4. Monies of Fund

5. Management of Fund and investment

6. Withdrawal of monies from Fund

7. Exemption from taxes and levies

8. Quarterly reports

9. Audit of Fund

10. Annual report

11. Excess monies to form part of general revenues

12. Revocation of Regulations

SI 75 of 2015.

1. Title

These Regulations may be cited as the Loans and Guarantees (Authorisation) (Sinking Fund) (2022 and 2024 Sovereign Eurobonds) (Establishment and Management) Regulations, 2015.

2. Interpretation

In these Regulations, unless the context otherwise requires-

"Bank" means the Bank of Zambia established under section 3 of the Bank of Zambia Act;

"bonds" means the sovereign eurobonds issued by the Republic on the international capital market amounting to-

(a) seven hundred and fifty million United States dollars on 17th September, 2012, and maturing in 2022; and

(b) one billion United States dollars on 10th April, 2014, and maturing in 2024;

"Consolidated Fund" means the Consolidated Fund established under the Public Finance Act, 2004; and

"Fund" means the sinking fund established under regulation 3.

3. Establishment and purpose of sinking fund

(1) There is established, as an encumbered sub-account in the international reserves denominated in United States dollars, a sinking fund for the redemption of the bonds.

(2) The Fund shall be used to accumulate monies for the redemption of the bonds.

(3) The monies that accrue to the Fund shall be used for the purposes of the Fund.

4. Monies of Fund

(1) The Fund shall consist of-

(a) such monies as may be appropriated by Parliament for the purposes of the Fund;

(b) such monies as may accrue to, or vest in, the Fund;

(d) repayments of monies on-lent from the bonds; and

(e) such other monies as the Minister determines.

(2) There shall be paid from the Consolidated Fund into the Fund the amounts specified in the Schedule.

(3) The remittances from the Consolidated Fund to the Fund shall be made, as far as practicable, in equal monthly tranches.

5. Management of Fund and investment

(1) The Bank shall manage the Fund and may invest monies of the Fund in accordance with the Bank's reserve management policy.

(2) Expenses of, or incidental to, the management of the Fund shall not exceed one per cent of the total income of the Fund and shall be paid out of the Fund.

(3) The Fund shall not be used to provide personal loans or emoluments or for investment in any way other than as authorised under the Act and these Regulations.

6. Withdrawal of monies from Fund

Subject to regulation 5(2), a withdrawal from the Fund shall only be made for purposes of redemption of the bonds.

7. Exemption from taxes and levies

The Fund is exempt from payment of any levy, tax or charge under any written law.

8. Quarterly reports

The Bank shall provide quarterly reports to the Minister on the performance of the Fund.

9. Audit of Fund

(1) The Auditor-General shall cause the Fund to be audited annually.

(2) The Auditor-General shall submit an audit report to the Minister within one month after the conclusion of the Audit.

10. Annual report

The Minister shall provide an annual report to Parliament on the performance of the Fund within three months of the end of each financial year.

11. Excess monies to form part of general revenues

Excess monies that remain in the Fund upon redemption of the bonds shall form part of the revenues of the Republic.

12. Revocation of Regulations

These Regulations shall stand revoked upon the redemption of the bonds.

SCHEDULE

[Regulation 4]

ANNUAL REMITTANCES (UNITED STATES DOLLARS)

Year	Bond 2022 Allocation	Bond 2024 Allocation	Total Yearly Allocation
2016	24,392,509.73	25,573,248.41	49,965,758.14
2017	31,955,252.92	29,060,509.55	61,015,762.47
2018	95,865,758.75	55,796,178.34	151,661,937.10
2019	127,821,011.67	69,745,222.93	197,566,234.60
2020	138,472,762.65	77,882,165.61	216,354,928.25
2021	127,821,011.67	116,242,038.22	244,063,049.89
2022	203,671,692.61	139,490,445.86	343,162,138.47
2023	-	232,484,076.43	232,484,076.43
2024	-	253,726,114.65	253,726,114.65
Total	750,000.00	1,000,000.00	1,750,000,000.00

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) (NO. 3) NOTICE, 2015

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 100 of 2015.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) (No. 3) Notice, 2015.

2. Exemption

The Agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan guaranteed under the Agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Special Facility Agreement dated 16th October, 2015 between the Development Bank of Zambia (as Borrower) and China Development Bank Corporation (as Lender), for a loan of up to thirty million United States dollars (USD 30,000,000) for the development of Zambian Small and Medium Enterprises (SMEs).

LOANS AND GUARANTEES (AUTHORISATION) (MAXIMUM AMOUNTS) ORDER, 2016

[Sections 3 and 15]

Arrangement of Paragraphs

Paragraph

2. Maximum amounts of loans raised within Republic

3. Maximum amounts of loan raised outside Republic

4. Maximum amounts of guarantees

5. Revocation of S.I. No. 116 of 2013

SI 22 of 2016,

SI 27 of 2019,

SI 44 of 2020.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Maximum Amounts) Order, 2016.

2. Maximum amounts of loans raised within Republic

(1) The amount outstanding at any one time on loans raised within the Republic and payable over a period of not more than one year shall not exceed one hundred billion kwacha.

[Para 2(1) am by para 2(a) of SI 44 of 2020.]

(2) The amount outstanding at any one time on loans raised within the Republic and payable over a period of more than one year shall not exceed two hundred billion kwacha.

[Para 2(2) am by para 2 of SI 27 of 2019, para 2(b) of SI 44 of 2020.]

3. Maximum amounts of loan raised outside Republic

The amount outstanding at any one time on loans raised outside the Republic with maturity of more than one year shall not exceed three hundred and twenty billion kwacha.

[Para 3 am by para 3 of SI 44 of 2020.]

4. Maximum amounts of guarantees

[Para 4 am by para 4 of SI 44 of 2020.]

5. Revocation of S.I. No. 116 of 2013

The Loans and Guarantees (Maximum Amounts) Order, 2013 is revoked.

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2016

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 48 of 2016.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2016.

2. Exemption

The Agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan guaranteed under the Agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Development Finance Facility Agreement dated 4th May, 2016, between the Development Bank of Southern Africa Limited, as Lender, and ZESCO Limited, as Borrower, for a loan in the sum of one hundred million United States dollars (US$ 100,000,000) for the development of the Kafue Gorge Lower Hydro Power Plant in Zambia.

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2017

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 49 of 2017.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2017.

2. Exemption

The Agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan amount guaranteed under the Agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Facility Agreement dated 13th July, 2017, between the Industrial and Commercial Bank of China Limited, as Lender and Agent, and ZESCO Limited, as Borrower, for a loan in the sum of twenty-nine million, six hundred thousand United States dollars (US$29,600,000) for the financing of the improvement of power supply in Mpika District in Zambia.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2017

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 52 of 2017.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2017.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mrs Pamela Chibonga Kabamba who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Permanent Secretary (Budget and Economic Affairs) at the Ministry of Finance, Zambia.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Financing Agreement between the Republic of Zambia and the International Fund for Agricultural Development relating to the enhanced - small holder Agribusiness Promotion Programme (E-SAPP) for a loan amounting to fifteen million five hundred thousand Special Drawing Rights (SDR15,500,000) and a grant amount to seven hundred and forty thousand Special Drawing Rights (SDR 740,000).

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2017

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 56 of 2017.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2017.

2. Exemption

The agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan amount guaranteed under that agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Line of Credit Agreement between the African Development Bank and Development Bank of Zambia (as Borrower) for the provision of a dual currency line of credit of an amount not exceeding:

(a) twenty-five million United States dollars (USD 25,000,000), in respect of the USD Loan; and

(b) two hundred forty-eight million five hundred and thirty-five Zambian kwacha (ZMW 248,535,000), in respect of the ZMW Loan,

to be utilised for financing the Technical Assistance Program defined in the Agreement, and for on-lending to eligible small and medium sized enterprises.

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2018

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 37 of 2018.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2018.

2. Exemption

The agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan amount guaranteed under the agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

The loan facility agreement dated 13th November, 2017 between Kafue Gorge Lower Power Development Corporation Limited (KGL) as Borrower and Industrial and Commercial Bank of China Limited and the Export-Import Bank of China as Arrangers, Industrial and Commercial Bank of China Limited, Dubai (DIFC) branch as Facility Agent, and Industrial and Commercial Bank of China Limited, Dubai (DIFC) branch as Security Agent for a loan in the sum of United State Dollars one billion, five hundred and thirty million five hundred and seventy-six thousand and thirty-nine, sixteen cents, (US$ 1,530,576,039.16) for financing the operation and maintenance of the 750MW Kafue Gorge Lower hydroelectric power station on the Kafue river in Zambia and any other works contemplated by the Project documents.

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2018

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 79 of 2018.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2018.

2. Exemption

The agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan amount granted under the agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

The US$262,877,663.11 term loan facility agreement for Zesco Limited as borrower dated 2nd January, 2018, arranged by Industrial and Commercial Bank of China Limited, with Industrial and Commercial Bank of China Limited, acting as Agent, and the Financial Institutions named in the Agreement, as lenders, for financing of the design, development, manufacturing, construction, testing, delivery, installation, completion and commissioning of (or the equipment of) the Easama-Nakonde, Kasama-Mporokoso and Kasama-Kayambi Transmission Lines, and substations in the Republic of Zambia.

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) (NO. 2) NOTICE, 2018

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 88 of 2018.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) (No. 2) Notice, 2018.

2. Exemption

The agreement specified in the Schedule is exempt from requirement to pay two per cent of the loan amount guaranteed under the agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

The US$22,160,000.00 term loan facility agreement for ZESCO Limited as borrower dated 10th August, 2017, arranged by Industrial and Commercial Bank of China Limited, as the original lender, agent and insured for the financing of the engineering, design, supply, installation, construction, testing and commissioning of Chipata-Lundazi-Chama 132kV transmission project for substations comprising Chipata West 330/132kV, Mwasemphangwe 132-66/33kV, Lundazi Main 132-66/33kV, Egichikeni 123-66/33kV, Chama Main 132-66/33kV and Tembwe, Emusa, Chasefu, Chanje, Mwimba and Chikwa 33/0.4kV in the Republic of Zambia.

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) (NO. 3) NOTICE, 2018

[Section 14]

Arrangement of Paragraphs

Paragraph

Loans and Guarantees (Maximum Amounts) Order

SI 89 of 2018.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) (No. 3) Notice, 2018.

2. Exemption

The agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan amount guaranteed under that agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

The USD195,766,479.52 loan facilities agreement dated 17th May, 2018, among Kafue Gorge Lower Power Development Corporation Limited as Borrower, Industrial and Commercial Bank of China Limited as Arranger and Original Lender and Industrial and Commercial Bank of China Limited, Dubai (DIFC) branch as Facility Agent and Security Agent, for the financing of the engineering, procurement and construction of three 330kV transmission lines and associated facilities for the evacuation of power from the 750 MW Kafue Gorge Lower hydroelectric power station.

{/mprestriction}

CHAPTER 366 - LOANS AND GUARANTEES (AUTHORISATION) ACT: SUBSIDIARY LEGISLATION

INDEX TO SUBSIDIARY LEGISLATION

Loans (Local Registered Stock) (No. 3 and No. 4) Regulations

Loans (Stock, Bonds and Treasury Bills) Regulations

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1996

Loans and Guarantees (Authorisation) (Delegation of Functions)(No.2) Order, 1996

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1997

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 1997

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 6) Order, 1997

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1998

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1999

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 1999

Loans and Guarantees (Authorisation) (Delegation of Function) Order, 2000

Loans and Guarantees (Authorisation) (Delegation of Functions) No. 2, Order, 2000

Loans and Guarantees (Authorisation)(Delegation of Function)(No. 4) Order, 2000

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2000

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 5) Order, 2000

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 6) Order, 2000

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 7) Order, 2000

Loans and Guarantees (Authorization) (Delegation of Functions) Order, 2001

Loans and Guarantees (Authorization) (Delegation of Functions) (No. 2) Order, 2001

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2001

Loans and Guarantee (Authorisation) (Delegation of Functions) Order, 2002

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2002

Loans and Guarantees (Authorisation) (Delegation of Function) (No. 2) Order, 2002

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 5) Order, 2002

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 1997

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 1996

Loans and Guarantees (Authorisation) (Delegation of Function) No. 3, Order, 2000

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2003

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2003

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2003

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2003

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2004

Loans and Guarantees (Authorisation) (Delegation of Functions (No. 2) Order, 2004

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2004

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2004

Loans and Guarantees (Authorization) (Delegation of Functions) Order, 2005

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2005

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2005

Loans and Guarantees (Authorisation) Act (Delegation of Functions) (No. 3) Order, 2005

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2006

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2006

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 5) Order, 2006

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2007

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2007)

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2007

Loans And Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2007

Loans And Guarantees (Authorisation) (Delegation of Functions) Order, 2009

Loans And Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2009

Loans And Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2009.

Loans And Guarantees (Authorisation) (Delegation of Functions) (No.4) Order, 2009

Loans And Guarantees(Authorisation) (Delegation of Functions) (No.6)Order, 2009

Loans And Guarantees (Authorisation) (Delegation of Functions) Order, 2009

Loans And Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2009

Loans And Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2009.

Loans And Guarantees (Authorisation) (Delegation of Functions) (No.4) Order, 2009

Loans And Guarantees(Authorisation) (Delegation of Functions) (No.6)Order, 2009

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2011

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2011

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2011

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2012

Loans and Guarantees (Delegation of Functions) (No.2) Order, 2012

Loans and Guarantees (Authorisation) (Exemption) Notice, 2012

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2012

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2013

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2014

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2014

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2014

Loans and Guarantees (Authorisation) (Exemption) Notice, 2014

Loans and guarantees (Authorisation) (Delegation of functions) order, 2014

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2015

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2015

Loans and Guarantees (Authorisation) (Exemption) Notice, 2015

Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2015

Loans and Guarantees (Authorisation) (Exemption) (No. 2) Notice, 2015

Loans and Guarantees (Authorisation) (Sinking Fund) (2022 and 2024 Sovereign Eurobonds) (Establishment and Management) Regulations, 2015

Loans and Guarantees (Authorisation) (Exemption) (No. 3) Notice, 2015

Loans and Guarantees (Authorisation) (Maximum Amounts) Order, 2016

Loans and Guarantees (Authorisation) (Exemption) Notice, 2016

Loans and Guarantees (Authorisation) (Exemption) Notice, 2017

Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2017

Loans and Guarantees (Authorisation) (Exemption) Notice, 2017

Loans and Guarantees (Authorisation) (Exemption) Notice, 2018

Loans and Guarantees (Authorisation) (Exemption) (No. 2) Notice, 2018

Loans and Guarantees (Authorisation) (Exemption) (No. 3) Notice, 2018

LOANS AND GUARANTEES (MAXIMUM AMOUNTS) ORDER

[Sections 3 and 15]

[Re-denominate the currency as stipulated under S 4 of Re-denomination Act, 8 of 2012, read with Bank of Zambia Act, 43 of 1996.]

Arrangement of Paragraphs

Paragraph

2. Maximum on amounts of loans raised within Republic

3. Maximum amount of loans raised outside Republic

4. Maximum amounts of guarantees

[Order by the Minister]

SI 112 of 1991,

SI 52 of 1998,

SI 53 of 1998.

1. Title

This Order may be cited as the Loans and Guarantees (Maximum Amounts) Order.

2. Maximum on amounts of loans raised within Republic

(1) The amount outstanding at any one time on loans raised within the Republic payable over a period of not more than one year shall not exceed two hundred thousand million kwacha.

[Para 2(a) am by para 2(a) of SI 53 of 1998.]

(2) The amount outstanding at any one time on loans raised within the Republic repayable over a period of more than one year shall not exceed ten thousand million kwacha.

[Para 2(b) am by para 2(b) of SI 53 of 1998.]

3. Maximum amount of loans raised outside Republic

The amount outstanding at any one time on loans raised outside the Republic shall not exceed twenty trillion kwacha.

[Para 3 am by para 3 of SI 53 of 1998.]

4. Maximum amounts of guarantees

[Para 4(a) am by para 4(a) of SI 53 of 1998.]

[Para 4(b) am by para 4(b) of SI 53 of 1998.]

LOANS (LOCAL REGISTERED STOCK) [NO. 3 and NO. 4] REGULATIONS

[Section 28]

Arrangement of Regulations

Regulation

4. General duty of Bank of Zambia

2. Application

3. Interpretation

5. Register

6. Liability of Government for payment of principal and interest

7. Stockholder

8. Stock certificate

9. Transfer of stock

10. Registration of transfer of stock

11. Payment of interest after transfer

12. Closing of register

13. Register conclusive evidence

14. Cessation of liability to pay interest

15. Payments

16. Discharge of liability for payment

17. Consolidation and subdivision

18. Issue of duplicates and renewals

19. Indemnity bonds

20. Application of Local Loans (Registered Stock) Regulations

21. Signature of registrar may be printed on stock certificates

22. Notice of trust not receivable

23. Form of documents, etc.

24. Inspection of register and documents

SI 459 of 1969.

[Regulations by the Minister]

1. Title

These Regulations may be cited as the Loans (Local Registered Stock) (No. 3 and No. 4) Regulations.

2. Application

These Regulations shall apply to Issue No. 3 of 1969 and Issue No. 4 of 1969.

3. Interpretation

In these Regulations, unless the context otherwise requires-

"register" means the register kept in relation to stock pursuant to these Regulations;

"registered stock" means stock registered under these Regulations;

"registrar" means the Bank of Zambia and includes any person for the time being authorised by the Bank of Zambia to exercise and perform the functions of the registrar under these Regulations;

"stock" means Issue No. 3 of 1969 and Issue No. 4 of 1969 referred to respectively in the preamble to these Regulations;

"stockholder" means a person holding registered stock who is entered as the owner thereof in the register.

4. General duty of Bank of Zambia

5. Register

6. Liability of Government for payment of principal and interest

(2) Where any amount has become payable on any date as interest due on any registered stock, no interest on that amount shall, after that date, be paid or payable to any person in any circumstances.

7. Stockholder

(1) No person shall be entitled to any registered stock unless he is registered as a stockholder in respect thereof.

(2) No person shall be registered as a first stockholder of any stock except upon payment in full of the purchase price of that stock.

8. Stock certificate

(1) Every stockholder shall be entitled to obtain from the registrar a stock certificate in respect of his stock.

(2) No stockholder, other than the first stockholder of any stock, shall be entitled to obtain a stock certificate save upon payment of such fee as the registrar may from time to time determine.

(3) Stock certificates in respect of any stock shall be in such form as the registrar may determine.

9. Transfer of stock

10. Registration of transfer of stock

11. Payment of interest after transfer

12. Closing of register

13. Register conclusive evidence

14. Cessation of liability to pay interest

15. Payments

All payments of interest and all payments of the principal amount due on any registered stock shall be made by the Bank of Zambia.

16. Discharge of liability for payment

17. Consolidation and subdivision

(2) There shall be payable in respect of an application under sub-regulation (1) such fee as the registrar may determine.

18. Issue of duplicates and renewals

The registrar may issue duplicate stock certificates and renewals of stock certificates in such circumstances as the Minister may, by direction, specify.

19. Indemnity bonds

20. Application of Local Loans Registered Stock Regulations

21. Signature of registrar may be printed on stock certificates

22. Notice of trust not receivable

No notice of any trust in respect of any registered stock shall be receivable by the registrar.

23. Form of documents, etc.

24. Inspection of register and documents

(2) Nothing in sub-regulation (1) shall apply to the Auditor-General or the Commissioner of Taxes.

LOANS (STOCK, BONDS AND TREASURY BILLS) REGULATIONS

[Section 28]

Arrangement of Regulations

Regulation

PART I
PRELIMINARY

3. General duty of Bank of Zambia

PART II
TREASURY BILLS

4. Bank of Zambia to be agent of Minister

PART III
REGISTRATION OF STOCK AND BONDS

5. Registers to be kept

6. Registration of holders of stock or bonds

7. Stock certificates and bond certificates

8. Transfer of stock or bonds

9. Registration of transfers

10. Closing of register

11. Register conclusive evidence

12. Consolidation and subdivision

13. Issue of duplicates and renewals

14. Indemnity bonds

15. Signature on certificate

16. Notice of trust not receivable

17. Inspection of register and documents

PART IV
PAYMENT OF INTEREST

18. Liability of Government for payment of principal and interest

19. Cessation of liability to pay interest

20. Payment of interest after transfer

21. Payments to be made by Bank of Zambia

22. Discharge of liability of Government

23. Method of payment, and acknowledgment

PART V
GENERAL PROVISIONS

24. Form of documents, etc.

25. Notice of loss or destruction of certificates

26. Provisions relating to joint holders

27. Alterations in register

28. Persons under legal disability

29. Appointment of agents

30. Death of holder

31. Information as to stock or bonds account

32. Indemnity

33. Saving of rights of third parties

[Regulations by the Minister]

SI 85 of 1970.

PART I
PRELIMINARY

1. Title

These Regulations may be cited as the Loans (Stock, Bonds and Treasury Bills) Regulations.

2. Interpretation

In these Regulations, unless the context otherwise requires-

"bonds" means any bonds issued under the Act in respect of a loan;

"certificate" includes a duplicate or renewal of any certificate issued in respect of any stock or bonds under these Regulations;

"holder" , in relation to stock or bonds, means a person holding registered stock or bonds who is registered as the owner thereof;

"register" means a register kept in relation to stock or bonds pursuant to these Regulations, and

"registered" and "registration" shall be construed accordingly;

"Registrar" means the Bank of Zambia;

"stock" means any stock issued under the Act in respect of a loan;

"treasury bills" means any treasury bills issued under the Act.

3. General duty of Bank of Zambia

PART II
TREASURY BILLS

4. Bank of Zambia to be agent of Minister

PART III
REGISTRATION OF STOCK AND BONDS

5. Registers to be kept

6. Registration of holders of stock or bonds

(1) No person shall be entitled to any registered stock or bonds unless he is registered as the holder thereof.

(2) No person shall be registered as a first holder of any stock or bonds except upon payment in full of the purchase price of such stock or bonds.

7. Stock certificates and bond certificates

(1) Every holder of stock or bonds shall be entitled to obtain from the registrar a certificate in respect of his stock or bonds.

(3) Stock certificates or bond certificates in respect of any stock or bonds shall be in such form as the registrar may determine.

8. Transfer of stock or bonds

9. Registration of transfers

10. Closing of register

11. Register conclusive evidence

12. Consolidation and subdivision

(2) There shall be payable in respect of an application under sub-regulation (1) such fee as the registrar may determine.

13. Issue of duplicates and renewals

The registrar may issue duplicates and renewals of certificates relating to stock or bonds in such circumstances as the Minister may, by direction, specify.

14. Indemnity bonds

15. Signature on certificate

16. Notice of trust not receivable

No notice of any trust in respect of any registered stock or bonds shall be receivable by the registrar.

17. Inspection of register and documents

(2) Nothing in sub-regulation (1) shall apply to the Auditor-General or the Commissioner of Taxes.

PART IV
PAYMENT OF INTEREST

18. Liability of Government for payment of principal and interest

19. Cessation of liability to pay interest

20. Payment of interest after transfer

21. Payments to be made by Bank of Zambia

All payments of interest and all payments of the principal amount due on any registered stock or bonds shall be made by the Bank of Zambia.

22. Discharge of liability of Government

23. Method of payment, and acknowledgment

PART V
GENERAL PROVISIONS

24. Form of documents, etc.

All documents or instruments made or used for the purpose of these Regulations shall be in such form as the registrar may, subject to these Regulations, determine.

25. Notice of loss or destruction of certificates

26. Provisions relating to joint holders

(1) Subject to the provisions of these Regulations, any application with respect to stock or bonds in the names of two or more persons as joint holders shall be made by all such persons.

(4) An application for the purpose of this regulation shall be made in writing to the registrar.

27. Alterations in register

28. Persons under legal disability

29. Appointment of agents

(2) An authority given under this regulation shall be of no effect unless and until it is delivered to the registrar.

(3) An authority given under this regulation may be revoked at any time by the person by whom it was given and shall be determined by the death, bankruptcy or legal disability of that person:

(4) An authority given under this regulation shall, subject to the terms thereof, until revoked or determined-

(a) remain in force notwithstanding any increase or decrease in the nominal value of the stock or bonds to which it relates;

(b) entitle the person to whom it is given to make any application and sign any document mentioned in these Regulations and to receive any payment in pursuance thereof.

30. Death of holder

31. Information as to stock or bonds account

Information with regard to a stock or bonds account shall only be furnished at the request of a holder to whom such account relates or his duly appointed representative.

32. Indemnity

33. Saving of rights of third parties

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 1996

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 32 of 1996.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1996.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS)(NO.2) ORDER, 1996

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 105 of 1996.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Declaration of Functions) (No. 2) Order, 1996.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 1997

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 3 of 1997.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1997.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 1997

[Section 27]

Arrangements of Paragraphs

Paragraph

3. Revocation of S.I. No. 79 of 1997

SI 92 of 1997.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 1997.

2. Delegation of functions

3. Revocation of S.I. No. 79 of 1997

The Loans and Guarantees (Authorisation)(Delegation of functions)(No. 3) Order, 1997, is hereby revoked.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 6) ORDER, 1997

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 144 of 1997.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 6) Order, 1997.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Dunstan Weston Kamana who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of the Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 1998

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 64 of 1998.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1998.

{mprestriction ids="2,3,5"}

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Duncan Weston Kamana who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 1999

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 10 of 1999.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 1999.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Duncan Weston Kamana who is public officer in the service of the Government of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 1999

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 27 of 1999.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No.2) Order, 1999.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTION) ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 49 of 2000.

1. Title

This order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2000.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) N0. 2, ORDER, 2000

[section 27]

Arrangements of Paragraphs

Paragraph

SI 53 of 2000.

1. Title

This order may be cited as the loans and Guarantees (Authorisation) (Delegation of Function) No.2, Order 2000.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

Specified supplies	Quantity	Minimum taxable value
Fanta	300 mls bottles	K595.74
Sprite	300 mls bottles	K595.74
Sparletta	300 mls bottles	K595.74
Sparberry
Sparletta	300 mls bottles	K595.74
Cream Soda
Crush Orange	300 mls bottles	K425.53
Schweppes	300 mls bottles	K425.53
Lemon
Sport Cola	300 mls bottles	K425.53
Soda Water	170 mls bottles	K595.74
Tonic Water	170 mls bottles	K595.74
Ginger Ale	170 mls bottles	K595.74
Lemonade	170 mls bottles	K595.74
Kinley Tonic	330 mls bottles	K595.74
Gold Sport	330 mls bottles	K595.74
Toni
Citra Lemon	330 mls bottles	K595.74
Brink
Limca	330 mls bottles	K595.74
Others	300 mls bottles	K595.74
(Imported carbonated soft drinks
Pepsi	340 mls Cans	K1,083.40
Diet Pepsi	340 mls Cans	K1,083.40
Pepsi "Africans"	450 mls Cans	K1,250.21
7-up "Africans"	450 mls Cans	K1,250.21
Mirinda	340 mls Cans	K1,083.40
Mirinda	450 mls Cans	K1,250.21
"Africans"
Mckane club	340 mls Cans	K1,083.40
Soda
Frosties beer	340 mls Cans	K1,083.40
Shandy
Shandy
Shani Ginger	340 mls Cans	K1.083.40
Beer
Mountain Dew	450 mls Cans	K1,250.21
Fanta	340 mls Cans	K1,191.49
Coca cola	340 mls Cans	K1,191.49
Sprite	340 mls Cans	K1,191.49
Schweppes	200 mls Cans	K 937.87
Crest soda		K 937.87
Water
Mckane Bitter	200 mls Cans	K 937.87
Lemon
Ginger Ale	200 mls Cans	K 937.87
Pepsi	200 mls Cans	K 937,87
Coca cola	450 mls Cans	K1,446.87
Fanta	450 mls Cans	K1,446,87
Sprite	450 mls Cans	K1,446.87
Other Brands	200 mls Cans	K 937.87
Other Brands	340 mls Cans	K1,191.49
Other Brands	450 mls Cans	K1,446.81
Other Brands	1 litre bottles	K3,829.79
BEER PRODUCT IN ZAMBIA
Castle lager	375 mls bottles	K1,106.38
Castle milk	375 mls bottles	K1,106.38
Stout
Mosi beer	375 mls bottles	K 936.17
Ohlsson's beer	375 mls bottles	K1,021.28
Rhino	375 mls bottles	K 936.17
Other	375 mls bottles	K1,021.28

OPAQUE BEER
1 litre cartons	K 765.96
Chibuku Shake Shake and Mukonga	K 595.74
Chipolopolo	K 765.74
Chinika	K 425.53
Â½ litre cartons Golden Brew	K 340.43

Per litre bulk quantity	Quantity	Minimum taxable value
Imported beers
1.	230 mls bottles	K1, 916.60
2.	375 mls bottles	K1,916.60
3.	330 mls bottles	K1,916.60
4.	750 mls bottles	K3,319.14
CIGARETTES PRODUCED IN ZAMBIA
Rothmans	Packet (20)	K1,787.23
Peter Stuyvesant	Packet (20)	K1,489.36
Consulate	Packet (20)	K1,446.81
Lexington	Packet (20)	K1,787.23
Pallmall	Packet (20)	K1,787.23
Special Mild
Other Brands	Packet (20)	K1,787.23
Imported Cigarettes	Packet (20)	K1,787.23

LOANS AND GUARANTEES (AUTHORISATION)(DELEGATION OF FUNCTION)(NO. 4) ORDER, 2000

[section 27]

Arrangements of Paragraphs

Paragraph

SI 66 of 2000.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions)(No. 4) Order, 2000.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Atan Shansonga who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador of the Republic of Zambia to the United States of America and is stationed in Washington DC.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 110 of 2000.

1. Title

The Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2000.

2. Delegation of Functions

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 5) ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 111 of 2000.

1. Title

The Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 5) Order, 2000.

2. Delegation of Functions

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 6) ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 119 of 2000.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions)(No.6) Order, 2000.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Atan Shansonga who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador of the Republic of Zambia to the United States of America and is stationed in Washington DC.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION)(DELEGATION OF FUNCTIONS) (NO. 7) ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 123 of 2000.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions)(No. 7) Order, 2000.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Atan Shansonga who is a public officer in the service of the government of the Republic of Zambia, and who is at present serving as Ambassador of the Republic of Zambia to the United States of America and is stationed in Washington DC.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORIZATION) (DELEGATION OF FUNCTIONS) ORDER, 2001

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 67 of 2001.

1. Title

This Order may be cited as the Loans and Guarantee (Authorization) (Delegation of Functions) Order, 2001.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORIZATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2001

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 68 of 2001.

1. Title

This Order may be cited as the Loans and Guarantees (Authorization) (Delegation of Function) (No. 2) Order, 2001.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Atan Shansonga who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION)(DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2001

Arrangements of Paragraphs

Paragraph

SI 74 of 2001.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions)(No.3) Order, 2001.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEE (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2002

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 18 of 2002.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Function) Order, 2002.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENTS

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2002

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 72 of 2002.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions) (No. 3) Order, 2002.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Walubita Imakando who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as charge D' affaires at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTION) (N0. 2) ORDER, 2002

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 21 of 2002.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Function) (No. 2) Order, 2002.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION)(DELEGATION OF FUNCTIONS)(NO. 5) ORDER, 2002

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 85 of 2002.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions)(No. 5) Order, 2002.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this order , and all other documents connected to the Agreement are hereby delegated to Walubita Imakando who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Charge D' affaires at the Embassy of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 1997

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 22 of 1997.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 1997.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the variation of the agreement described in the Schedule to this Order, and all other documents connected to the agreement are hereby delegated to Col. Bizwayo Nkunika who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Charge d'affaires at the Embassy of Zambia to Nigeria and is stationed in Lagos.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 1996

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 127 of 1996.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 1996.

2. Delegation of functions

The functions of the Minister under this Act, in so far as such functions relate to the signing of the proposed agreement described in the Schedule to this Order, and all other documents connected to the agreement are hereby delegated to Dunstan Weston Kamana who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to the United States of America and is stationed at Washington DC.

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTION) NO. 3, ORDER, 2000

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 64 of 2000.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2000.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2003

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 36 of 2003.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2003.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENTS

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2003

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 62 of 2003.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2003

2. Delegation of Functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS)(NO. 3) ORDER, 2003

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 122 of 2003.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions)(No. 3) Order, 2003.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENTS

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 2003

[Section 27]

Arrangements of Paragraphs

Paragraph

SI 129 of 2003.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2003.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2004

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 3 of 2004.

1. Title

This order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions) Order, 2004.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS (NO. 2) ORDER, 2004

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 23 of 2004.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2004.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2004

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 81 of 2004.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2004.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Lieutenant Colonel Bizwayo Nkunika (Rtd) who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Permanent Secretary to the Ministry of Works and Supply and is stationed in Lusaka.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 2004

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 82 of 2004,

SI 88 of 2004

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2004.

2. Delegation of functions

The functions of the Minister under the Act, in so far as they relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Lieutenant Colonel Bizwayo Nkunika (Rtd) who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Permanent Secretary to the Minister of Works and Supply and is stationed in Lusaka.

SCHEDULE

[Paragraph 2]

[Sch am by para 2 of SI 88 of 2004.]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2005

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 1 of 2005.

1. Title

This Order may be cited as the Loans and Guarantees (Authorization) (Delegation of Functions) Order, 2005.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENTS

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2005

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 28 of 2005.

1. Title

This Order may be cited as the Loans and guarantees (Authorisation) (Delegation of Functions) Order, 2005.

2. Delegation of Functions

SCHEDULE

[Paragraphs 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2005

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 33 of 2005.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2005.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr Godfrey C. Musonda who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to Nigeria and is stationed in Abuja.

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) ACT (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2005

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 52 of 2005.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2005.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the agreement described in the Schedule to this Order, and all other documents connected to the agreement, are hereby delegated to Ms Lucy M. Mungoma who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of Zambia to Italy and is stationed in Rome.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2006

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 78 of 2006.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2006.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to professor Royson M. Mukwena who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as High Commissioner of Zambia to Tanzania and is stationed in Dar-es-salaam.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2006

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 97 of 2006.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2006.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Dr. Inonge Mbikusita Lewanika who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of the Republic of Zambia to the United States of America and is stationed in Washington D.C.

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 2006

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 98 of 2006.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2006.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Cecil Holmes who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of the Arab Republic of Egypt and is stationed in Cairo.

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 5) ORDER, 2006

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 113 of 2006.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions)(No.5) Order, 2006.

2. Delegation of Functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2007

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 41 of 2007.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2007.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Professor Royson M. Mukwena who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as High Commissioner of the Republic of Zambia to the United Republic of Tanzania and is stationed in Dar-es-salaam.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2007

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 78 of 2007.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2007.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Lupando Mwape who is a public officer in the service of the Government of the Republic of Zambia as Ambassador at the Zambian Embassy to the People's Republic of China and is stationed in Beijing.

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2007

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 79 of 2007.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2007.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Lupando Mwape who is a public officer in the service of the Government of the Republic of Zambia as Ambassador at the Zambian Embassy to the People's Republic of China and is stationed in Beijing.

SCHEDULE

[Paragraph 2]

The Government Concessional Loan Restructuring Agreement Between the Government of the Republic of Zambia (as Borrower) and the Export-Timber Bank of China (as Lender) for the Mulungushi Textiles Ltd Technical Rehabilitation Project in the aggregate amount not exceeding Renminbi Three Hundred Million Yuan (CYN300, 000,000.00).

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 4) ORDER, 2007

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 95 of 2007.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2007.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr. Love Mutesa who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Embassy of the Republic of Zambia to Switzerland and is stationed in Geneva.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 9 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2009.

2. Delegations of Functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 28 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2009.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENTS

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 34 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2009.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr. Micheal U. Mwaanga, who is a public officer in the service of the Government of the Republic of Zambia, at the Ministry of Finance and National Planning.

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO.4) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 98 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2009.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO.6)ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 102 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions) (No.6) Order, 2009.

2. Declaration of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr Lupando A. F. K. Mwape, who is a public officer in the service of the Government of the Republic of Zambia,and who is at present serving as Ambassador at the Zambian Embassy to the People's Republic of China and is stationed in Beijing, China.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 9 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2009.

2. Delegations of Functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 28 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2009.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENTS

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 34 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2009.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr. Micheal U. Mwaanga, who is a public officer in the service of the Government of the Republic of Zambia, at the Ministry of Finance and National Planning.

SCHEDULE

[Paragraph 2]

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO.4) ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 98 of 2009.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 4) Order, 2009.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES(AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO.6)ORDER, 2009

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 102 of 2009

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions) (No.6) Order, 2009.

2. Declaration of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to Mr Lupando A. F. K. Mwape, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Ambassador at the Zambian Embassy to the People's Republic of China and is stationed in Beijing, China.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2011

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 51 of 2011,

SI 53 of 2011.

1. Title

This Order maybe cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2011.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr Likolo Ndalamei, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as Secretary to the Treasury.

SCHEDULE

[Paragraph 2]

[Sch am by reg 2 of SI 53 of 2011.]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2011

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 81 of 2011.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2011.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Likolo Ndalamei, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as Secretary to the Treasury.

SCHEDULE

[Paragraph 2]

AGREEMENTS

1. Placement Agency Agreement that gives Standard Chartered Bank the mandate to raise US$150 million from select investors through a private placement.

3. Agency Agreement that allows the Government and the Bank of Zambia to appoint Deutsche Bank Luxembourg S. A as the Fiscal Agent, Registrar and Replacement Agent.

4. Deed of Covenant that outlines the process for the issuance, trading and redeeming of the notes to be issued.

5. Global Note to be issued once investors have subscribed to the bond through the Note Purchase agreement in respect of the US$150 million.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2011

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 81 of 2011.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2011.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mr. Likolo Ndalamei, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as Secretary to the Treasury.

SCHEDULE

[Paragraph 2]

AGREEMENTS

1. Placement Agency Agreement that gives Standard Chartered Bank the mandate to raise US$150 million from select investors through a private placement.

3. Agency Agreement that allows the Government and the Bank of Zambia to appoint Deutsche Bank Luxembourg S. A as the Fiscal Agent, Registrar and Replacement Agent.

4. Deed of Covenant that outlines the process for the issuance, trading and redeeming of the notes to be issued.

5. Global Note to be issued once investors have subscribed to the bond through the Note Purchase agreement in respect of the US$150 million.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2011

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 135 of 2011.

1. Title

This Order maybe cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2011.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2011

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 136 of 2011.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2011.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AGREEMENT

The Depository and Escrow Agreement between the Republic of Zambia and the Federative Republic of Brazil.

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2012

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 58 of 2012.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) Order, 2012.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

APPROVED ACTS AND TRANSACTIONS

Sovereign bond issued by the Republic of Zambia on the international market and the signing of the transaction documents related to the issuance of the sovereign bond as follows:

(b) determination, approval and agreement of the final pricing terms of the issue of the United States denominated bonds;

(d) approval of the Final Prospectus relating to the United States dollar denominated bonds; and

(e) the signature and delivery of the Issue Document, including the Subscription Agreement, the Agency Agreements, the Deeds of Covenant and the Notes on behalf of the Republic of Zambia.

LOANS AND GUARANTEES (DELEGATION OF FUNCTIONS) (NO.2) ORDER, 2012

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 68 of 2012.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation)(Delegation of Functions) (No.2) Order,2012.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to His Excellency, Mr Mwelwa N. Chibesakunda, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Zambia's Ambassador to Japan and is stationed in Japan.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2012

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 76 of 2012.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2012.

2. Exemption

The agreement specified in the Schedule is exempt from the requirement to pay two percent of the loan guaranteed under the agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2012

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 81 of 2012.

1. Title

(1) This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2012.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement, are hereby delegated to His Excellency, Lieutenant General Herbert Rickey Chose Simutowe who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Zambia's High Commissioner to Egypt.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2013

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 77 of 2013.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2013.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule, and all other documents connected to the Agreement, are hereby delegated to Ms. Mwitwa Mulonda, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as the Charge D'Affaires at the Zambian Embassy in Berlin, Germany.

SCHEDULE

[Paragraph 2]

Agreement

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2014

[Section 37]

Arrangement of Paragraphs

Paragraph

SI 12 of 2014.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2014 .

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are delegated to Felix Nkulukusa, who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as the Acting Secretary to the Treasury in the Ministry of Finance.

SCHEDULE

[Paragraph 2]

Agreement

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2014

[Section 27]

Arrangement of Paragraphs

Paragraph

SCHEDULE

SI 20 of 2014.

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of functions) (No. 2) Order, 2014.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are delegated to Pamela Chibonga-Kabamba, who is a public officer in the service of the Government of the Republic of Zambia and who is at present serving as the Permanent Secretary in the Ministry of Finance.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2014

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 29 of 2014.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2014.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

Authorised Acts and Transactions

Sovereign bond issued by the Republic of Zambia on the international market and the signing of the transaction documents related to the issuance of the sovereign bond as follows-

(d) the signature and delivery of the issue documents, including the Subscription Agreement, the Agency Agreement, the Deed of Covenant and the Notes on behalf of the Republic of Zambia.

APPENDIX

[Paragraph 3]

BOUNDARY NARRATIVE DESCRIPTION

NGABWE DISTRICT

KAPIRI MPOSIN DISTRICT

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2014

[Section 14]

Arrangement of Paragraphs

Parargaph

SI 30 of 2014.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2014.

2. Exemption

The agreement specified in the Schedule are exempt from the requirement to pay two per cent of the loans guaranteed under the agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2014

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 55 of 2014.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2014.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

The National Indicative Programme (NIP)

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 2) ORDER, 2015

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 36 of 2015.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 2) Order, 2015.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

Agreement

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2015

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 16 of 2015.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2015.

2. Alteration of boundaries

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2015

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 22 of 2015.

1. Title

The Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2015.

2. Exemption

The agreements specified in the Schedule are exempt from the requirement to pay two percent of the loans guaranteed under the agreements.

SCHEDULE

[Paragraph 2]

AGREEMENTS

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) (NO. 3) ORDER, 2015

[Section 27]

Arrangement of Paragraphs

Paragraph

SI 47 of 2015.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) (No. 3) Order, 2015.

2. Delegation of functions

SCHEDULE

[Paragraph 2]

AUTHORISED TRANSACTIONS AND ACTS FOR ISSUANCE OF SOVEREIGN BOND ON INTERNATIONAL CAPITAL MARKETS

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) (NO. 2) NOTICE, 2015

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 62 of 2015.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) (No. 2) Notice, 2015.

2. Exemption

The agreements specified in the Schedule are exempt from the requirement to pay two per cent of the amounts guaranteed under the agreements.

SCHEDULE

[Paragraph 2]

AGREEMENTS

1. The Power Purchase Agreement dated 1st September, 2011, between Maamba Collieries Limited and ZESCO Limited, under which-

(c) ZESCO shall pay for the generation capacity available or deemed to be available to it at the power station, on a take or pay basis; and

2. The Transmission Agreement dated 10th April, 2012, between Maamba Collieries Limited and ZESCO Limited under which-

(c) ZESCO Limited shall purchase and accept delivery of electrical energy generated by the power station at Maamba Collieries in a ZESCO grid system at the delivery point; and

(d) Maamba Collieries Limited shall supply electrical energy to ZESCO Limited.

LOANS AND GUARANTEES (AUTHORISATION) (SINKING FUND) (2022 AND 2024 SOVEREIGN EUROBONDS) (ESTABLISHMENT AND MANAGEMENT) REGULATIONS, 2015

[Section 28]

Arrangement of Regulations

Regulation

3. Establishment and purpose of sinking fund

4. Monies of Fund

5. Management of Fund and investment

6. Withdrawal of monies from Fund

7. Exemption from taxes and levies

8. Quarterly reports

9. Audit of Fund

10. Annual report

11. Excess monies to form part of general revenues

12. Revocation of Regulations

SI 75 of 2015.

1. Title

These Regulations may be cited as the Loans and Guarantees (Authorisation) (Sinking Fund) (2022 and 2024 Sovereign Eurobonds) (Establishment and Management) Regulations, 2015.

2. Interpretation

In these Regulations, unless the context otherwise requires-

"Bank" means the Bank of Zambia established under section 3 of the Bank of Zambia Act;

"bonds" means the sovereign eurobonds issued by the Republic on the international capital market amounting to-

(a) seven hundred and fifty million United States dollars on 17th September, 2012, and maturing in 2022; and

(b) one billion United States dollars on 10th April, 2014, and maturing in 2024;

"Consolidated Fund" means the Consolidated Fund established under the Public Finance Act, 2004; and

"Fund" means the sinking fund established under regulation 3.

3. Establishment and purpose of sinking fund

(1) There is established, as an encumbered sub-account in the international reserves denominated in United States dollars, a sinking fund for the redemption of the bonds.

(2) The Fund shall be used to accumulate monies for the redemption of the bonds.

(3) The monies that accrue to the Fund shall be used for the purposes of the Fund.

4. Monies of Fund

(1) The Fund shall consist of-

(a) such monies as may be appropriated by Parliament for the purposes of the Fund;

(b) such monies as may accrue to, or vest in, the Fund;

(d) repayments of monies on-lent from the bonds; and

(e) such other monies as the Minister determines.

(2) There shall be paid from the Consolidated Fund into the Fund the amounts specified in the Schedule.

(3) The remittances from the Consolidated Fund to the Fund shall be made, as far as practicable, in equal monthly tranches.

5. Management of Fund and investment

(1) The Bank shall manage the Fund and may invest monies of the Fund in accordance with the Bank's reserve management policy.

(2) Expenses of, or incidental to, the management of the Fund shall not exceed one per cent of the total income of the Fund and shall be paid out of the Fund.

(3) The Fund shall not be used to provide personal loans or emoluments or for investment in any way other than as authorised under the Act and these Regulations.

6. Withdrawal of monies from Fund

Subject to regulation 5(2), a withdrawal from the Fund shall only be made for purposes of redemption of the bonds.

7. Exemption from taxes and levies

The Fund is exempt from payment of any levy, tax or charge under any written law.

8. Quarterly reports

The Bank shall provide quarterly reports to the Minister on the performance of the Fund.

9. Audit of Fund

(1) The Auditor-General shall cause the Fund to be audited annually.

(2) The Auditor-General shall submit an audit report to the Minister within one month after the conclusion of the Audit.

10. Annual report

The Minister shall provide an annual report to Parliament on the performance of the Fund within three months of the end of each financial year.

11. Excess monies to form part of general revenues

Excess monies that remain in the Fund upon redemption of the bonds shall form part of the revenues of the Republic.

12. Revocation of Regulations

These Regulations shall stand revoked upon the redemption of the bonds.

SCHEDULE

[Regulation 4]

ANNUAL REMITTANCES (UNITED STATES DOLLARS)

Year	Bond 2022 Allocation	Bond 2024 Allocation	Total Yearly Allocation
2016	24,392,509.73	25,573,248.41	49,965,758.14
2017	31,955,252.92	29,060,509.55	61,015,762.47
2018	95,865,758.75	55,796,178.34	151,661,937.10
2019	127,821,011.67	69,745,222.93	197,566,234.60
2020	138,472,762.65	77,882,165.61	216,354,928.25
2021	127,821,011.67	116,242,038.22	244,063,049.89
2022	203,671,692.61	139,490,445.86	343,162,138.47
2023	-	232,484,076.43	232,484,076.43
2024	-	253,726,114.65	253,726,114.65
Total	750,000.00	1,000,000.00	1,750,000,000.00

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) (NO. 3) NOTICE, 2015

[Section 14]

Arrangement of Paragraphs

Paragraph

SI 100 of 2015.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) (No. 3) Notice, 2015.

2. Exemption

The Agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan guaranteed under the Agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (MAXIMUM AMOUNTS) ORDER, 2016

[Sections 3 and 15]

Arrangement of Paragraphs

Paragraph

2. Maximum amounts of loans raised within Republic

3. Maximum amounts of loan raised outside Republic

4. Maximum amounts of guarantees

5. Revocation of S.I. No. 116 of 2013

SI 22 of 2016,

SI 27 of 2019,

SI 44 of 2020.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Maximum Amounts) Order, 2016.

2. Maximum amounts of loans raised within Republic

(1) The amount outstanding at any one time on loans raised within the Republic and payable over a period of not more than one year shall not exceed one hundred billion kwacha.

[Para 2(1) am by para 2(a) of SI 44 of 2020.]

(2) The amount outstanding at any one time on loans raised within the Republic and payable over a period of more than one year shall not exceed two hundred billion kwacha.

[Para 2(2) am by para 2 of SI 27 of 2019, para 2(b) of SI 44 of 2020.]

3. Maximum amounts of loan raised outside Republic

The amount outstanding at any one time on loans raised outside the Republic with maturity of more than one year shall not exceed three hundred and twenty billion kwacha.

[Para 3 am by para 3 of SI 44 of 2020.]

4. Maximum amounts of guarantees

[Para 4 am by para 4 of SI 44 of 2020.]

5. Revocation of S.I. No. 116 of 2013

The Loans and Guarantees (Maximum Amounts) Order, 2013 is revoked.

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2016

[Section 14]

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SI 48 of 2016.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2016.

2. Exemption

The Agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan guaranteed under the Agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2017

[Section 14]

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SI 49 of 2017.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2017.

2. Exemption

The Agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan amount guaranteed under the Agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (DELEGATION OF FUNCTIONS) ORDER, 2017

[Section 27]

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SI 52 of 2017.

1. Title

This Order may be cited as the Loans and Guarantees (Authorisation) (Delegation of Functions) Order, 2017.

2. Delegation of functions

The functions of the Minister under the Act, in so far as such functions relate to the Agreement described in the Schedule to this Order, and all other documents connected to the Agreement are hereby delegated to Mrs Pamela Chibonga Kabamba who is a public officer in the service of the Government of the Republic of Zambia, and who is at present serving as Permanent Secretary (Budget and Economic Affairs) at the Ministry of Finance, Zambia.

SCHEDULE

[Paragraph 2]

AGREEMENT

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2017

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SI 56 of 2017.

1. Title

This Notice may be cited as the Loans and Guarantees (Authorisation) (Exemption) Notice, 2017.

2. Exemption

The agreement specified in the Schedule is exempt from the requirement to pay two per cent of the loan amount guaranteed under that agreement.

SCHEDULE

[Paragraph 2]

AGREEMENT

The Line of Credit Agreement between the African Development Bank and Development Bank of Zambia (as Borrower) for the provision of a dual currency line of credit of an amount not exceeding:

(a) twenty-five million United States dollars (USD 25,000,000), in respect of the USD Loan; and

(b) two hundred forty-eight million five hundred and thirty-five Zambian kwacha (ZMW 248,535,000), in respect of the ZMW Loan,

to be utilised for financing the Technical Assistance Program defined in the Agreement, and for on-lending to eligible small and medium sized enterprises.

LOANS AND GUARANTEES (AUTHORISATION) (EXEMPTION) NOTICE, 2018

[Section 14]

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