"HIS Excellency the President, in terms of section 1(2) of the
Public Procurement and Disposal of Public Assets Act [Chapter
22:23], hereby fixes the lst of January, 2018, as the date on which
the said Act shall come into operation."
This Act was gazetted on 4th August 2017 as Act 5/2017. Section 1(2) of the Act, however, provided that the Act would only come into operation on a date to be fixed by the President by statutory instrument. SI 152/2017 is that statutory instrument.
The commencement of the Act brings about the repeal of the former Act - the Procurement Act [Chapter 22:14] (No. 2 of 1999) - with effect from 1st January 2017, subject to the transitional provisions set out in section 103 of the new Act.
Sections 105 and 106 of the new Act also make amendments to provisions of the Rural District Councils Act and the Urban Councils Act regarding council contracts and tenders.
Section 104 of the new Act amends section 4 of the Infrastructure Development Bank of Zimbabwe Act [Chapter 24:14]; this amendment provides for the reduction of the size of the Bank's Board of Directors. .