Zambia
Mines Acquisition (Special Provisions) Act, 1970
Chapter 218
- Commenced on 28 April 1970
- [This is the version of this document at 31 December 1996.]
- [This legislation has been revised and consolidated by the Ministry of Legal Affairs of the Government of the Republic of Zambia. This version is up-to-date as at 31st December 1996.]
1. Short title
This Act may be cited as the Mines Acquisition (Special Provisions) Act.2. Interpretation
In this Act, unless the context otherwise requires—"the Master Agreements" means the RST Agreement and the Zamanglo Agreement;"the RST Agreement" means the Agreement made on the 24th December, 1969, between the Republic of Zambia, the Industrial Development Corporation of Zambia Limited and Roan Selection Trust Limited, including any agreement in amendment thereof or expressed to be a supplemental agreement thereto between the same parties or the same parties and others made prior to the 14th August, 1970;"the Zamanglo Agreement" means the Heads of Agreement made on the 24th December, 1969, between the Republic of Zambia, the Industrial Development Corporation of Zambia Limited, Bancroft Mines Limited, Nchanga Consolidated Copper Mines Limited, Rhokana Corporation Limited, Rhokana Copper Refineries Limited and Zambian Anglo American Limited, including any agreement in amendment thereof or expressed to be a supplemental agreement thereto between the same parties or the same parties and others made prior to the 26th June, 1970;"Bond" means any bond, note or stock, as the case may be, issued by Indeco pursuant to the Master Agreements;"the Constituent Companies" means Mufulira Copper Mines Limited, Luanshya Mines Limited and Mwinilunga Mines Limited;"Indeco" means the Industrial Development Corporation of Zambia Limited or Zambia Industrial and Mining Corporation Limited or any other company to which or by which there are transferred or undertaken all or any of the rights and obligations under the Master Agreements of the Industrial Development Corporation of Zambia Limited or Zambia Industrial and Mining Corporation Limited, as the case may be;"the Mining Companies" means Bancroft Mines Limited, Nchanga Consolidated Copper Mines Limited, Rhokana Corporation Limited and Rhokana Copper Refineries Limited;"operating company" means, as the case may be—(a)the company to hold the mining assets and undertakings of the Mining Companies pursuant to the Zamanglo Agreement; or(b)the company to hold the mining assets and undertakings of Mulfulira Copper Mines Limited, Luanshya Mines Limited and the Kalengwa Division of Mwinilunga Mines Limited pursuant to the RST Agreement.[As amended by S.I. Nos. 162 and 221 of 1970]3. Application
Subject to section eight, the provisions of this Act shall have effect notwithstanding any provision of any other written law, and if any provision of any other written law (including any written law enacted or made after the commencement of this Act) is inconsistent with any provision of this Act, then the provision of this Act shall prevail.4. Guarantees and undertakings
5. Exemption from registration fees
6. ***
[Obsolete]7. Vesting of assets
8. Power to amend written laws by statutory instrument
9. Further powers in implementation of the Master Agreements
Notwithstanding anything contained in any written law, including this Act, the President or any person authorised by him in writing may exercise all such powers and authorities and do or cause to be done all such acts or things as appear to him to be necessary or expedient or desirable to give full and complete effect to the Master Agreements.History of this document
31 December 1996 this version
Consolidation
28 April 1970
Commenced