Related documents
- Is commenced by Self-Management Enterprises (Commencement) Order, 1989
Zambia
Self-Management Enterprises Act, 1988
Chapter 408
- Published
- Commenced on 1 March 1989 by Self-Management Enterprises (Commencement) Order, 1989
- [This is the version of this document at 31 December 1996.]
Part I – Preliminary
1. Short title
This Act may be cited as the Self-Management Enterprises Act.**This Act commenced on 01.3.1989."Secretary" means the person appointed Secretary under section twenty-four;2. Interpretation
In this Act, unless the context otherwise requires—"Advisory Council" means the Advisory Council of a self-management enterprise constituted under section thirteen;"Board" means the Employees' Board of Directors of a self-management enterprise elected and approved under section nine;"Committee" means the Management Committee established under section eighteen;"Conference" means the Employees' Conference of a self-management enterprise established under section five."employee" means an employee of a self-management enterprise other than an employee specifically engaged on a temporary basis for work of an intermittent or seasonal nature and shall include staff of a sub-committee;"local community representative" means any person in the Province who is not an employee of a self-management enterprise but is elected to sit on the Board on account of his business experience;"Managing Director" means the person elected Managing Director under section twenty-two;"self-management enterprise" means any State enterprise declared by the President to be a self-management enterprise under section three;"Standing Committee" means a Standing Committee of the Conference established under section eight;"State enterprise" means a company, corporation, parastatal body or statutory board, which is wholly-owned by the State or any Government department that engages in commercial activities.Part II – Self-management enterprises
3. Declaration of self-management enterprise
4. Seal of self-management enterprise
5. Employees' Conference and composition
6. Meetings of Conference
7. Functions of Conference
8. Standing Committee
9. Employees' Board of Directors
There shall be an Employees' Board of Directors for a self-management enterprise which shall be appointed by the Conference and approved by the President.10. Composition of Board, qualification of members and tenure of office
11. Meetings of Board
12. Functions of Board
13. Advisory Council
14. Tenure of office
15. Remuneration of member of Advisory Council
A member of the Advisory Council shall be paid such remuneration or allowance as the President may determine.16. Functions of Advisory Council
17. Immunity of member of Advisory Council
No action or other proceedings shall lie or be instituted against any member of the Advisory Council for or in respect of any act or thing done or omitted to be done in good faith in the exercise of or purported exercise of his duties under this ActPart III – Administration
18. Management Committee
There shall be a Management Committee which shall be the executive organ of a self-management enterprise and shall, subject to the control of the Board, be responsible for the administration of the affairs of the enterprise.19. Composition of Committee and tenure of office
20. Meetings of Committee
21. Sub-committees
22. Managing Director
23. Duty of Managing Director
24. Secretary
25. Employees
Part IV – Finance
26. Assets and liabilities
27. Funds from Government
28. Guarantee
The Government may guarantee in such manner and on such terms and conditions as it may consider fit, the repayment of the principal and interest and other charges on any borrowings of a self-management enterprise and any such guarantee shall be charged on, and issued out of, the general revenues of the Republic.29. Consolidated Fund and trust
30. Accounts and audit
Part V – General
31. Name
Every self-management enterprise shall have as an integral part of its name the letters SME.32. Dissolution
No self-management enterprise shall be liquidated or dissolved except by an Act of Parliament.33. Exclusion of certain laws
34. Special powers of the President
History of this document
31 December 1996 this version
Consolidation
01 March 1989
Subsidiary legislation
Title | Numbered title |
---|---|
Self-Management Enterprises (Declaration) Order, 1989 | Statutory Instrument 24 of 1989 |