Zambezi River Authority (Amendment) Act, 2001 (No. 12 of 2001)

Saturday, August 17, 2002 The Zambezi River Authority(Amendment) Act No. 12 of 2001 GOVERNMENT OF ZAMBIA ACT No. 12 of 2001 Date of Assent: 8th November, 2001 An Act to amend the Zambezi River Authority Act [9th November, 2001] ENACTED by the Parliament of Zambia. 1. This Act may be cited as the Zambezi River Authority (Amendment) Act, 2001, and shall be read as one with the Zambezi River Authority Act, in this Act referred to as the principal Act. (Enactment) 2. The Schedule to the principal Act is amended— (a) in sub-article 2 of Article 8 by— (i) the deletion in paragraph (b) of the semi-colon and the word " and " and the substitution therefor of a fullstop; and (ii) the deletion of paragraph (c); (b) in Article 15 by the deletion of sub-article 2 and the substitution therefor of the following: 2. The financial year of the Authority shall Commence on the first day of January of each calendar year and end on the thirty-first day of December of the same calendar year.(Title Cap. 467 Amendment of Schedule) (c) in Article 16— (i) by the re-numbering of that Article as sub-article 1; and (i) by the addition after sub-article 1 of the following new sub-article: 2. The Contracting States shall ensure the free and unhindered movement, between and within their respective territories, of employees, motor vehicles, equipemt, apparatus, vessels and aircraft of the Authority, in the performance of the business of the Authority; (d) in Article 17, by the deletion of sub-articles 3,4 and 5 and the substitution therefor of the following: 3. Each Contracting State undertakes, subject to this Article, to exempt the Authority from payment of import and excise duties and taxes on goods acquired by the Authority solely for the purposes of conducting its business in terms of this Agreement. 4. The exemption from payment of import duties and taxes under this Article shall be subject to the applicable laws and conditions obtaining in each Contracting State.; (e) in Article 23, by the deletion of the word " energy " wherever it appears and the subtstitution therefor of the word " water "; (f) in Annexure 2— (i) by the deletion of " Article 22" after "ANNEXURE 2" and the substitution therefor of " Article 23 " (ii) by the deletion, of the word " ENERGY " in the heading and the substitution therefor of the word" WATER"; (iii) by the deletion of paragraph 1 and the substitution therefor of the following paragraph: 1. The water that is forecast to be available for the production of energy within each period of twelve months commencing on the first day of January of each year shall be shared in equal proportions.; (iv) by the deletion in paragraph 3 of the figures "408.5" and the substitution therefor of the figures " 488.5"; (v) by the deletion in paragraph 4 of the word "August" and the substitution therefor of the word " January "; and (vi) by the deletion of paragraph 5.