Professional statute overview
Enactment structure, operative effect and source provenance
01
Purpose and legislative effect
“Defines "Minister" as the Minister for the time being responsible for finance.”
Defines "Minister" as the Minister for the time being responsible for finance. Acceptance of agreement; section to sign the agreement Section 3 authorises payments charged on and paid out of the Consolidated Fund for sums required to make payments on behalf of the Government, allows the Minister to create and issue certain non-interest-bearing, nonnegotiable notes to the association, and allows the Minister to raise loans by issuing securities; monies received or raised form part of the Consolidated Fund. Gives the association the right to import goods free of customs duty and to sell them without restriction in the country of import. This Act takes effect despite the East African Customs and Transfer Tax Management Act, the East African Income Tax Management Act, or any East African Community Act that amends or replaces either of those Acts.
02
How the instrument operates
- 01
Start with the recorded version
As at 31 Dec 2000. The date shown identifies this source expression and should not be treated as proof that no later change exists.
- 02
Locate the controlling provision
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- 03
Read conditions and exceptions together
Keep subsections, definitions, provisos and cross-references in context before drawing a legal conclusion.
- 04
Verify currency and official wording
Confirm later legislation, commencement notices and corrections with the official publisher before advice, filing or reliance.
03
Research entry points
Selected provisions across the instrument. Open any row to continue with the exact stored text.
Defines "Minister" as the Minister for the time being responsible for finance.
Section 1
Acceptance of agreement; section to sign the agreement
Section 2
Section 3 authorises payments charged on and paid out of the Consolidated Fund for sums required to make payments on behalf of the Government, allows the Minister to create and issue certain non-interest-bearing, nonnegotiable notes to the association, and…
Section 3
Gives the association the right to import goods free of customs duty and to sell them without restriction in the country of import.
Section 4
This Act takes effect despite the East African Customs and Transfer Tax Management Act, the East African Income Tax Management Act, or any East African Community Act that amends or replaces either of those Acts.
Section 5
04
Source and current-law status
Source record view
Source record from ulii.org · As at 31 Dec 2000
The source record does not state a definitive current-law status. Check the official publisher and later amendments before relying on this text.