Parliament of Zambia - National Payment Systems Act, 2007

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The Parliament of Zambia's National Payment Systems Act, 2007 provides for the management, administration, operation, supervision and regulation of payment, clearing and settlement systems in the country. The act empowers the Bank of Zambia (BoZ) to develop and implement payment, clearing and settlements systems policy so as to promote efficiency, stability and safety of the country's financial system. The act is divided into several parts, and sets forth provisions on the following topics:

1. Payments Systems Regulation
2. Payment Systems Business
3. Presentment and Electronic Transmission of Cheques
4. Settlements
5. General and Enforcement Provisions

Original source URL: http://www.boz.zm/PaymentSystems/NationalPaymentSystemAct2007.pdf

Document Details

Document Type: 
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Doument Author (Entity): 
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Originating Country or Trade Block: 
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Year of Document: 
2007
Date of Document: 
Friday, April 13, 2007
Document Authors: 
Parliament of Zambia
Language (This Document): 
English

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