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AN ACT to provide for the establishment of the Sovereign Wealth Fund of Zimbabwe and its objects, management and control; to provide for the Board of the Sovereign Wealth Fund of Zimbabwe and its functions; to provide for the appointment of the Chairperson, Chief Executive Officer, staff of the Board and investment managers; to provide for the allocation and disbursement of money from the Fund; to amend the Zimbabwe Mining Development Corporation Act [Chapter 21:08]; and to provide for matters incidental to or connected with the foregoing.
Enacted by the President and Parliament of Zimbabwe.
PART I
PRELIMINARY
1 Short title and date of commencement
(1) This Act may be cited as the Sovereign Wealth Fund of Zimbabwe Act [Chapter 22:20](No.7 of 2014).
(2) This Act shall come into operation on a date to be fixed by the President by statutory instrument.
2 Interpretation
In this Act—