Reserve Bank of Zimbabwe Amendment Bill, 2019 [H.B. 9, 2019]

This Bill was published in a special Government Gazette Extraordinary on Tuesday 23rd July 2019.  The following passage is an extract from the explanatory memorandum published with the Bill:-

"This Bill will amend the Reserve Bank of Zimbabwe Act [Chapter 22:15] (No. 5 of 1999) to enable the Reserve Bank, with the leave of the Minister responsible for finance, to issue an official electronic currency.

At the same time, the opportunity is taken to:-

  • validate the issuance of RTGS dollar with effect from the promulgation (on the 22nd February, 2019) of the Presidential Powers (Temporary Measures) (Amendment  of Reserve Bank of Zimbabwe Act and Issue of Real Time Gross Settlement Electronic Dollars (RTGS Dollars)) Regulations, 2019 (published in Statutory Instrument 33 of 2019);
  • validate (for the avoidance of doubt) Statutory  Instrument  142 of 2019, which reintroduced  the Zimbabwe dollar  with effect from the 24th June, 2019."

 

THE BILL CAN BE DOWNLOADED BELOW.

The two statutory instruments referred to in the above extract can also be downloaded from this website :

Statutory Instrument 33 of 2019 [link]

Statutory Instrument 142 of 2019 [link]

Download File: 

Tags: