CHAPTER 218
MINES ACQUISITION (SPECIAL PROVISIONS) ACT

Arrangement of Sections

   Section

   1.   Short title

   2.   Interpretation

   3.   Application

   4.   Guarantees and undertakings

   5.   Exemption from registration fees

   6.   Obsolete

   7.   Vesting of assets

   8.   Power to amend written laws by statutory instrument

   9.   Further powers in implementation of the Master Agreements

AN ACT

to facilitate the acquisition by the Republic of a 51 per centum interest in each of the main Zambian copper mining companies; and to provide for matters connected therewith.

[28th April, 1970]

Act 28 of 1970,

Act 45 of 1973.

SI 162 of 1970,

SI 221 of 1970.

1.   Short title

This Act may be cited as the Mines Acquisition (Special Provisions) Act.

2.   Interpretation

In this Act, unless the context otherwise requires—

“the Master Agreements” means the RST Agreement and the Zamanglo Agreement;

“the RST Agreement” means the Agreement made on the 24th December, 1969, between the Republic of Zambia, the Industrial Development Corporation of Zambia Limited and Roan Selection Trust Limited, including any agreement in amendment thereof or expressed to be a supplemental agreement thereto between the same parties or the same parties and others made prior to the 14th August, 1970;

“the Zamanglo Agreement” means the Heads of Agreement made on the 24th December, 1969, between the Republic of Zambia, the Industrial Development Corporation of Zambia Limited, Bancroft Mines Limited, Nchanga Consolidated Copper Mines Limited, Rhokana Corporation Limited, Rhokana Copper Refineries Limited and Zambian Anglo American Limited, including any agreement in amendment thereof or expressed to be a supplemental agreement thereto between the same parties or the same parties and others made prior to the 26th June, 1970;

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