            <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (d) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to a person authorised to \r\n                                              investigate an offence in respect \r\n                                              of a depositor suspected to have \r\n                                              committed an offence in relation \r\n                                              to a securities account in a \r\n                                              depository; </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (e) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to a central securities depository \r\n                                              for the purpose of compiling the \r\n                                              record of depositors under this \r\n                                              Act; </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (j) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to an issuer in respect of a \r\n                                              record of depositors issued under \r\n                                              this Act; </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (g) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to any member of an issuer or any \r\n                                              person in respect of a record of \r\n                                              depositors issued under this Act;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (h) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              for the purpose of enabling or \r\n                                              assisting the Commission to \r\n                                              exercise a power conferred on it \r\n                                              under this Act or any other law;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">(i)\r\n                                              </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              for the purpose of enabling or \r\n                                              assisting the commission and the \r\n                                              Registrar to discharge their \r\n                                              functions under this Act; </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              OJ </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to enable or assist a stock \r\n                                              exchange or clearing house of a \r\n                                              stock exchange to discharge its \r\n                                              duty, and </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (k) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to enable or assist auditors of a \r\n                                              central securities depository and \r\n                                              its agent to discharge their duty.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Regulation of access to computer \r\n                                              system </span></b></p>\r\n                                              <p class="MsoNormal" style="text-indent: -36.2pt; text-autospace: none; margin-left: 48.2pt; margin-right: 2.15pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              46. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              (1) A central securities \r\n                                              depository may give access to its \r\n                                              computer system to <i>(a) </i>its \r\n                                              agents, </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.2pt; margin-right: 32.6pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">a \r\n                                              stock exchange on which book-entry \r\n                                              securities are listed, <i>(c) </i>\r\n                                              a clearing house of a stock \r\n                                              exchange, </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (d) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              issuers, and </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (e) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              any other person as may be \r\n                                              prescribed by the Commission by \r\n                                              Regulations made under this Act.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 32.85pt; text-autospace: none; margin-left: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) The Commission may, prescribe \r\n                                              rules, to provide for the extent \r\n                                              to which a user or class of users \r\n                                              can or cannot have access to the \r\n                                              system for the purpose of \r\n                                              regulating access to the computer \r\n                                              system of a central securities \r\n                                              depository. </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 33.35pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) A person who </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              being a user, unlawfully gains \r\n                                              access or attempts to gain access \r\n                                              to a computer system of a central \r\n                                              securities depository, </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              unlawfully gains access, or \r\n                                              attempts to gain access to a \r\n                                              computer system of a central \r\n                                              depository, or </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -17.75pt; text-autospace: none; margin-left: 65.75pt; margin-right: 1.65pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (c) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              unlawfully interferes with, \r\n                                              impedes or attempts to interfere \r\n                                              with or impede, the operation of a \r\n                                              computer system of a central \r\n                                              securities depository'' </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -20.85pt; text-autospace: none; margin-left: 103.4pt; margin-right: 2.85pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) between a central securities \r\n                                              depository or its agent and two or \r\n                                              more parties making adverse claims \r\n                                              to securities or monies in the \r\n                                              securities account of the \r\n                                              depositor, where the agent seeks \r\n                                              reliefby way of interpleader,\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -17.5pt; text-autospace: none; margin-left: 65.75pt; margin-right: 1.9pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (d) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to a person authorised to \r\n                                              investigate an offence in respect \r\n                                              of a depositor suspected to have \r\n                                              committed an offence in relation \r\n                                              to a securities account in a \r\n                                              depository; </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (e) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to a central securities depository \r\n                                              for the purpose of compiling the \r\n                                              record of depositors under this \r\n                                              Act; </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (j) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to an issuer in respect of a \r\n                                              record of depositors issued under \r\n                                              this Act; </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (g) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to any member of an issuer or any \r\n                                              person in respect of a record of \r\n                                              depositors issued under this Act;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (h) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              for the purpose of enabling or \r\n                                              assisting the Commission to \r\n                                              exercise a power conferred on it \r\n                                              under this Act or any other law;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">(i)\r\n                                              </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              for the purpose of enabling or \r\n                                              assisting the commission and the \r\n                                              Registrar to discharge their \r\n                                              functions under this Act; </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              OJ </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to enable or assist a stock \r\n                                              exchange or clearing house of a \r\n                                              stock exchange to discharge its \r\n                                              duty, and </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (k) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to enable or assist auditors of a \r\n                                              central securities depository and \r\n                                              its agent to discharge their duty.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Regulation of access to computer \r\n                                              system </span></b></p>\r\n                                              <p class="MsoNormal" style="text-indent: -36.2pt; text-autospace: none; margin-left: 48.2pt; margin-right: 2.15pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              46. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              (1) A central securities \r\n                                              depository may give access to its \r\n                                              computer system to <i>(a) </i>its \r\n                                              agents, </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.2pt; margin-right: 32.6pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">a \r\n                                              stock exchange on which book-entry \r\n                                              securities are listed, <i>(c) </i>\r\n                                              a clearing house of a stock \r\n                                              exchange, </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (d) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              issuers, and </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (e) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              any other person as may be \r\n                                              prescribed by the Commission by \r\n                                              Regulations made under this Act.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 32.85pt; text-autospace: none; margin-left: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) The Commission may, prescribe \r\n                                              rules, to provide for the extent \r\n                                              to which a user or class of users \r\n                                              can or cannot have access to the \r\n                                              system for the purpose of \r\n                                              regulating access to the computer \r\n                                              system of a central securities \r\n                                              depository. </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 33.35pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) A person who </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              being a user, unlawfully gains \r\n                                              access or attempts to gain access \r\n                                              to a computer system of a central \r\n                                              securities depository, </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              unlawfully gains access, or \r\n                                              attempts to gain access to a \r\n                                              computer system of a central \r\n                                              depository, or </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -17.5pt; text-autospace: none; margin-left: 65.75pt; margin-right: 1.9pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (c) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              unlawfully interferes with, \r\n                                              impedes or attempts to interfere \r\n                                              with or impede, the operation of a \r\n                                              computer system of a central \r\n                                              securities depository </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none">\r\n                                              <span style="font-family: Arial">&nbsp;</span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-right: .75pt">\r\n                                              <span style="font-family: Arial">\r\n                                              commits an offence and is liable \r\n                                              on summary conviction to a fine of \r\n                                              seven hundred penalty units or to \r\n                                              a term of imprisonment not \r\n                                              exceeding five years or to both.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt; margin-right: .05pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Power of the</span></b><span style="font-family: Arial">\r\n                                              <b>Commission to require \r\n                                              production of records</b> </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: -36.0pt; text-autospace: none; margin-left: 48.0pt; margin-right: 93.15pt">\r\n                                              <span style="font-family: Arial">\r\n                                              47. (1) The Commission may give \r\n                                              directions in writing to <i>(a)\r\n                                              </i>a central securities \r\n                                              depository, </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.0pt; margin-right: 103.95pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">a \r\n                                              nominee of a central securities \r\n                                              depository, (c) a central \r\n                                              securities depository agent,\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.0pt; margin-right: .05pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (d) </span></i>\r\n                                              <span style="font-family: Arial">a \r\n                                              user, </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.25pt; text-autospace: none; margin-left: 65.5pt; margin-right: .5pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (e) </span></i>\r\n                                              <span style="font-family: Arial">a \r\n                                              person who is or has been an \r\n                                              officer or employee of a central \r\n                                              securities depository, or </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -17.25pt; text-autospace: none; margin-left: 65.25pt; margin-right: .25pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (g) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              an agent, advocate, solicitor, \r\n                                              auditor, or other person acting in \r\n                                              any capacity for or on behalf of a \r\n                                              central depository or its nominee \r\n                                              company, or a central securities \r\n                                              depository agent, or a user </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-right: .5pt">\r\n                                              <span style="font-family: Arial">\r\n                                              to produce to the Commission \r\n                                              records or accounts related to the \r\n                                              business or affairs of a \r\n                                              depository agent, or user or \r\n                                              records or accounts required to be \r\n                                              kept by a central securities \r\n                                              depository under this Act. </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: 32.4pt; text-autospace: none; margin-left: .45pt; margin-right: .75pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) A reference in subsection (1) \r\n                                              to a business carried on by a \r\n                                              person includes a reference to a \r\n                                              business carried on by a person as \r\n                                              trustee. </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: 32.4pt; text-autospace: none; margin-left: .45pt; margin-right: .75pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) Where the Commission requires \r\n                                              the production of a record or \r\n                                              account and a person has a lien on \r\n                                              the record or account, the \r\n                                              Commission </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.25pt; text-autospace: none; margin-left: 65.5pt; margin-right: .5pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              may take possession of the records \r\n                                              or accounts and make copies or \r\n                                              extracts from it, </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -17.25pt; text-autospace: none; margin-left: 65.25pt; margin-right: .25pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              may require the other person or \r\n                                              any other person who is a party to \r\n                                              the compilation of the records or \r\n                                              accounts to make a statement \r\n                                              providing an explanation of the \r\n                                              records or accounts, </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.25pt; text-autospace: none; margin-left: 65.5pt; margin-right: .5pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (c) may retain possession of the \r\n                                              records or accounts for a period \r\n                                              that the Commission may consider \r\n                                              necessary; and </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -17.25pt; text-autospace: none; margin-left: 65.25pt; margin-right: .25pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (d) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              shall permit the other person, \r\n                                              upon giving reasonable notice and \r\n                                              description of the record or \r\n                                              accounts, to have access to the \r\n                                              records or accounts which are in \r\n                                              the possession of the Commission.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 32.85pt; text-autospace: none; margin-right: .25pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) Where the Commission requires \r\n                                              the production of a record or \r\n                                              account and the records or \r\n                                              accounts are not produced, the \r\n                                              Commission may require a person\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.0pt; margin-right: .05pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to state, where the records or \r\n                                              accounts maybe found, and </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.25pt; text-autospace: none; margin-left: 65.5pt; margin-right: .5pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              to identify the last person who \r\n                                              had custody of the records or \r\n                                              accounts and where that person may \r\n                                              be found. </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: 32.4pt; text-autospace: none; margin-left: .45pt; margin-right: .75pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (5) A power conferred by this \r\n                                              section to require a person to do \r\n                                              an act applies to an officer of a \r\n                                              body corporate. </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 36.2pt; text-autospace: none; margin-left: .7pt; margin-right: 1.4pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (6) A person who fails to comply \r\n                                              with a requirement made under this \r\n                                              sec­tion commits an offence and is \r\n                                              liable on summary conviction to a \r\n                                              fine of five hun­dred penalty \r\n                                              units, and in the case of a \r\n                                              continuing offence is liable to a \r\n                                              penalty of ten penalty units for \r\n                                              each day that the offence \r\n                                              continues. </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .7pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Power of Commission</span></b><span style="font-family: Arial">\r\n                                              <b>to enter and search premises\r\n                                              </b></span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 12.7pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              48. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              (1) The COmrr1ission shall enter \r\n                                              and search premises </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.25pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              where there is reasonable grounds \r\n                                              to believe that an offence under \r\n                                              this Act has been or is likely to \r\n                                              be committed, or </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.7pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              where a record or account which is \r\n                                              required to be produced in \r\n                                              compliance with a request by the \r\n                                              Commission, is being kept; and (i) \r\n                                              ifthe premises is occupied by a \r\n                                              depository or a user, inspect, \r\n                                              examine and operate the computer \r\n                                              system, </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -20.85pt; text-autospace: none; margin-left: 105.1pt; margin-right: 1.2pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) if the premises is occupied \r\n                                              by any other person, break open \r\n                                              and search any cupboard, drawer, \r\n                                              safe, box or other receptacle, and \r\n                                              where a computer system is \r\n                                              installed, inspect, examine and \r\n                                              operate the system, and </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: -21.1pt; text-autospace: none; margin-left: 105.1pt; margin-right: 1.65pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (iii) take possession of records, \r\n                                              documents or other material found \r\n                                              on the premises. </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 33.35pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) A person who </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.7pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              obstructs or hinders the \r\n                                              Commission in the exercise of its \r\n                                              powers, </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.7pt; margin-right: 1.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              fails to give to the Commission \r\n                                              assistance that it may reasonably \r\n                                              require commits an offence and is \r\n                                              liable on summary conviction to a \r\n                                              fine of five hundred penalty units \r\n                                              or to term of imprisonment not \r\n                                              exceeding three years or to both.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .7pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Disclosure to Commission </span>\r\n                                              </b></p>\r\n                                              <p class="MsoNormal" style="text-indent: 12.0pt; text-autospace: none; margin-right: 1.9pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              49. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              (1) The Commission may require a \r\n                                              depository or its agent to \r\n                                              disclose to the Commission </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -17.25pt; text-autospace: none; margin-left: 65.5pt; margin-right: .7pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              the acquisition or disposal of \r\n                                              deposited securities and the \r\n                                              nature of the instructions given \r\n                                              to the central securities \r\n                                              depository or its central agent in \r\n                                              respect of the acquisition or \r\n                                              disposal, </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.25pt; text-autospace: none; margin-left: 66.0pt; margin-right: 1.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              information regarding the disposal \r\n                                              of the securities account numbers \r\n                                              and entries made in the securities \r\n                                              account, and </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -17.25pt; text-autospace: none; margin-left: 65.5pt; margin-right: .7pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (c) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              the book-entry securities acquired \r\n                                              or disposed of by a depositor as \r\n                                              trustee for or on behalf of \r\n                                              another person, including the name \r\n                                              of the person and the nature of \r\n                                              instructions given to the \r\n                                              depositor in respect of the \r\n                                              acquisition and disposal. </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 32.4pt; text-autospace: none; margin-left: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) A person who, contravenes \r\n                                              subsection (1) commits an offence \r\n                                              and is liable on summary \r\n                                              conviction to a fine of five \r\n                                              hundred penalty units or to a term \r\n                                              of imprisonment not exceeding \r\n                                              three years or to both. </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Investigation by Commission </span>\r\n                                              </b></p>\r\n                                              <p class="MsoNormal" style="text-indent: 12.0pt; text-autospace: none; margin-right: 3.8pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              50. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              The Commission may conduct an \r\n                                              investigation if it suspects that \r\n                                              a person has committed or is about \r\n                                              to commit an offence under this \r\n                                              Act. </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .7pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Power of court to make orders\r\n                                              </span></b></p>\r\n                                              <p class="MsoNormal" style="text-indent: 12.0pt; text-autospace: none; margin-right: 3.8pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              51. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              (1) If on the application of an \r\n                                              aggrieved party or a central \r\n                                              securities de­pository, it appears \r\n                                              to the Court that a person </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.0pt; margin-right: 4.3pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              has committed an offence under \r\n                                              this Act in relation to dealings \r\n                                              in deposited securities; </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.7pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              has contravened the central \r\n                                              security depository rules; or\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" align="right" style="text-align: right; text-autospace: none; margin-left: 48.7pt; margin-right: 2.4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (c) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              is about to do an act in relation \r\n                                              to dealings in deposited \r\n                                              securities that constitutes an \r\n                                              offence under this Act or would be \r\n                                              a contravention of the central \r\n                                              securities depository rules the \r\n                                              court may make an order; (i) to \r\n                                              restrain a person from acting or \r\n                                              holding himself out as a </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 105.1pt">\r\n                                              <span style="font-family: Arial">\r\n                                              depository agent, </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -20.85pt; text-autospace: none; margin-left: 105.35pt; margin-right: 2.85pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) to restrain a person from \r\n                                              withdrawing or dealing with \r\n                                              book­entry securities specified in \r\n                                              the order, </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 84.45pt; margin-right: 12.95pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (iii) compel a person to do or \r\n                                              refrain from doing an act, and \r\n                                              (iv) that it considers necessary.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: 33.1pt; text-autospace: none; margin-left: .7pt; margin-right: 2.85pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Before making an order, the \r\n                                              Court may direct that notice of \r\n                                              the appli­cation should be </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.7pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              served on the relevant parties, \r\n                                              and </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.7pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              published in a manner that is \r\n                                              considered appropriate. </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 36.0pt; text-autospace: none; margin-left: .7pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) A person, who fails to comply \r\n                                              with an order made by the Court \r\n                                              commits an offence and is liable \r\n                                              on summary conviction to a fine of \r\n                                              five hundred penalty units or to a \r\n                                              term of imprisonment of not less \r\n                                              than three years or to both.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 36.0pt; text-autospace: none; margin-left: .7pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) The Court may in addition to \r\n                                              the penalty provided for charge a \r\n                                              person for contempt of court, \r\n                                              rescind, vary or discharge an \r\n                                              order made by it or suspend the \r\n                                              operation of the order. </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: 122.15pt; text-autospace: none; margin-left: 1.2pt; margin-right: 124.8pt">\r\n                                              <b><i>\r\n                                              <span style="font-family: Arial">\r\n                                              Miscellaneous provisions </span>\r\n                                              </i></b></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 1.2pt; margin-right: 124.8pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Preservation of records</span></b><span style="font-family: Arial">\r\n                                              <b>and accounts </b></span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 12.0pt; text-autospace: none; margin-left: .95pt; margin-right: .7pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              52. </span></b>\r\n                                              <span style="font-family: Arial">A \r\n                                              central securities depository and \r\n                                              its agents shall preserve records \r\n                                              and accounts relating to the \r\n                                              depository for a period of six \r\n                                              years after closure of a \r\n                                              securities account, whether or not \r\n                                              they cease to carry on business \r\n                                              before the end of the seventh \r\n                                              year. </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .7pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Guarantee Fund </span></b></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 12.0pt; text-autospace: none; margin-left: .95pt; margin-right: .7pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              53. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              (I) A central securities \r\n                                              depository shall establish and \r\n                                              maintain a Guarantee Fund for the \r\n                                              purpose of providing an indemnity \r\n                                              against default in respect of \r\n                                              pay­ments for or delivery of \r\n                                              securities by a depository \r\n                                              participant and of obligations of \r\n                                              participants towards the central \r\n                                              securities depository. </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: 32.85pt; text-autospace: none; margin-left: .45pt; margin-right: 1.2pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &nbsp;(2) The assets of the Guarantee \r\n                                              Fund consists of moneys accruing \r\n                                              to the Fund and contributions \r\n                                              specified in the central \r\n                                              securities depository rules.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 36.2pt; text-autospace: none; margin-right: .95pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (3) Where the central securities \r\n                                              depository has made payment from \r\n                                              the Guarantee Fund in relation to \r\n                                              a default, even if the central \r\n                                              securities depository is not a \r\n                                              counter party to the transaction \r\n                                              between selling and buying \r\n                                              participants, it shall be \r\n                                              subrogated to the rights and \r\n                                              powers of the participant not in \r\n                                              default for the purpose of the \r\n                                              seizure and sale of unpaid \r\n                                              securities and of operating the \r\n                                              Guarantee Fund. </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -11.75pt; text-autospace: none; margin-left: 12.0pt; margin-right: 192.4pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Falsification of records</span></b><span style="font-family: Arial">\r\n                                              <b>or accounts 54. </b></span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -11.75pt; text-autospace: none; margin-left: 12.0pt; margin-right: 192.4pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (1) A person who </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.25pt; margin-right: 49.85pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              records or stores, information \r\n                                              that is false or misleading;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.25pt; margin-right: 49.85pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              falsifies, destroys or removes\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 83.75pt; margin-right: .15pt">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              information which is recorded or \r\n                                              stored by that person, (ii) \r\n                                              information which is prepared for \r\n                                              the purpose of being recorded or \r\n                                              stored, </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -20.85pt; text-autospace: none; margin-left: 104.65pt; margin-right: 1.15pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (iii) information which is \r\n                                              prepared for use in compiling \r\n                                              records, and </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 83.75pt; margin-right: .15pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (iv) information which is prepared \r\n                                              for use in recovering other \r\n                                              information, </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: .25pt; margin-right: .4pt">\r\n                                              <span style="font-family: Arial">\r\n                                              in relation to a record or an \r\n                                              account required to be kept by a \r\n                                              depository or its agent under this \r\n                                              Act by means of a mechanical \r\n                                              device, an electronic device, or \r\n                                              any other device, commits an \r\n                                              offence and is liable on summary \r\n                                              conviction to a fine of not more \r\n                                              than five hundred penalty units or \r\n                                              to imprisonment for a term of not \r\n                                              more than three years or to both.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: 32.4pt; text-autospace: none; margin-left: .7pt; margin-right: 8.8pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) A person who is responsible \r\n                                              for recording or storing \r\n                                              information but fails to do so\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -20.6pt; text-autospace: none; margin-left: 104.65pt; margin-right: .15pt">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              with intent to falsify any entry \r\n                                              made, or record intended to be \r\n                                              compiled from the information that \r\n                                              has been recorded or stored, and\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -20.6pt; text-autospace: none; margin-left: 104.65pt; margin-right: .15pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) knowing that the failure to \r\n                                              record or store the information \r\n                                              will render the information \r\n                                              recorded or stored, false or \r\n                                              misleading &nbsp;&nbsp;&nbsp;&nbsp; . </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: .5pt; margin-right: .4pt">\r\n                                              <span style="font-family: Arial">\r\n                                              commits an offence and is liable \r\n                                              on summary conviction to a fine of \r\n                                              not more than five hundred penalty \r\n                                              units, or to imprisonment for a \r\n                                              term of not less than three years, \r\n                                              or both. </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -12.0pt; text-autospace: none; margin-left: 12.7pt; margin-right: 118.75pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Destruction, concealment, or \r\n                                              alteration of records</span></b></p>\r\n                                              <p class="MsoNormal" style="text-indent: -12.0pt; text-autospace: none; margin-left: 12.7pt; margin-right: 118.75pt">\r\n                                              <span style="font-family: Arial">&nbsp;<b>55.\r\n                                              </b>A person who </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.25pt; margin-right: .4pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              destroys, conceals, or alters a \r\n                                              record or account required to be \r\n                                              kept under this Act; or </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.45pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              sends, attempts to send or \r\n                                              conspires with another person to \r\n                                              send </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 66.0pt">\r\n                                              <span style="font-family: Arial">\r\n                                              out of Ghana any record or \r\n                                              account, </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              with intent to defraud a person, \r\n                                              or to prevent, delay or obstruct \r\n                                              the carrying out of an \r\n                                              examination, investigation or \r\n                                              audit, or the exercise of a power \r\n                                              under this Act, commits an offence \r\n                                              and is liable on summary \r\n                                              conviction to a fine of one \r\n                                              thousand penalty units or to a \r\n                                              term of imprisonment not exceeding \r\n                                              four years or to both.</span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">&nbsp;<b>Furnishing \r\n                                              false or misleading information\r\n                                              </b></span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 12.45pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              56. </span></b>\r\n                                              <span style="font-family: Arial">A \r\n                                              person who furnishes information \r\n                                              which is false or misleading\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.25pt; text-autospace: none; margin-left: 66.0pt; margin-right: .7pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              for the purpose of, or in \r\n                                              connection with, any application \r\n                                              under this Act; or </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 48.45pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              in compliance with any requirement \r\n                                              imposed on that person under this \r\n                                              Act, commits an offence and is \r\n                                              liable on summary conviction to a \r\n                                              fine of five hundred penalty units \r\n                                              or to a term of imprisonment of \r\n                                              not more than three years. </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Offences by bodies corporate\r\n                                              </span></b></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 12.0pt; text-autospace: none; margin-right: .2pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              57. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              Where an offence under this Act is \r\n                                              committed by a body corporate, a \r\n                                              director, or other officer of the \r\n                                              body corporate or a person acting \r\n                                              in that capacity is liable to have \r\n                                              committed that offence unless the \r\n                                              person proves that </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.25pt; text-autospace: none; margin-left: 66.0pt; margin-right: .7pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              the offence was committed without \r\n                                              the person''s consent or \r\n                                              connivance; and </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -17.75pt; text-autospace: none; margin-left: 66.2pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              the person exercised diligence to \r\n                                              prevent the commission of the \r\n                                              offence having regard to the \r\n                                              nature of the person''s functions \r\n                                              in that capacity and to other \r\n                                              circumstances. </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .45pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              General penalty </span></b></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 12.0pt; text-autospace: none; margin-right: .2pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              58. </span></b>\r\n                                              <span style="font-family: Arial">A \r\n                                              person who contravenes a provision \r\n                                              of this Act for which a penalty is \r\n                                              not provided commits an offence \r\n                                              and is liable on summary \r\n                                              conviction to a fine of five \r\n                                              hundred penalty units or to a term \r\n                                              of imprisonment of not more than \r\n                                              three years or to both. </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Regulations </span></b></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 12.0pt; text-autospace: none; margin-right: .2pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              59. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              (1) The Minister may, on the \r\n                                              advice of the Commission, by \r\n                                              legislative in­strument make \r\n                                              Regulations for matters necessary \r\n                                              for the effective implementation \r\n                                              of this Act. </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: 33.1pt; text-autospace: none; margin-left: .2pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Despite the Statutory \r\n                                              Instruments Act, 1959 (No. 52) \r\n                                              Regulations made under this Act \r\n                                              may impose a penalty of not more \r\n                                              than two thousand five hundred \r\n                                              penalty units. </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Interpretation </span></b></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 12.45pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              60. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              (1) In this Act, unless the \r\n                                              context otherwise requires, </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt">\r\n                                              <span style="font-family: Arial">&nbsp; \r\n                                              &quot;access&quot; in relation to a computer \r\n                                              system, means the placing of \r\n                                              information on that system and the \r\n                                              retrieval of information from that \r\n                                              system; </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 27.0pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;admittance of securities date&quot; in \r\n                                              relation to any eligible security, \r\n                                              means the date specified in the \r\n                                              notice given by a stock exchange \r\n                                              as being the last day on which the \r\n                                              eligible security may be traded on \r\n                                              a stock market of the stock \r\n                                              exchange unless such security has \r\n                                              been deposited with the central \r\n                                              depository; </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: .95pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;admittance of security&quot; means a \r\n                                              security in which the underlying \r\n                                              certificate has been deposited \r\n                                              with and is held by a central \r\n                                              depository; &quot;agent&quot; means a \r\n                                              Central Securities Depository \r\n                                              agent; </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;bank&quot; mean a body corporate which \r\n                                              is issued with a licence in \r\n                                              accordance with the Banking Act \r\n                                              2004 (Act 673); </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;bare trustee&quot; means a trustee who \r\n                                              has no beneficial interest in the \r\n                                              subject matter of the trust;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 27.0pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;bearer security&quot; means a security \r\n                                              the title to which is transferable \r\n                                              by delivery with or without \r\n                                              endorsement of the certificates \r\n                                              representing such securities;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;buying in&quot; means the buying \r\n                                              effected by a security exchange, \r\n                                              according to the rules of the \r\n                                              stock exchange of securities which \r\n                                              a seller has failed to deliver on \r\n                                              a day fixed for settlement; </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: .95pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;charge&quot; includes a pledge or a \r\n                                              mortgage; </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: 1.65pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;certificate&quot; means a document \r\n                                              that is a document of title to a \r\n                                              security; &quot;central depository \r\n                                              agent&quot; in relation to any central \r\n                                              depository, means a </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: .95pt">\r\n                                              <span style="font-family: Arial">\r\n                                              person appointed to be an agent of \r\n                                              that central depository; &quot;central \r\n                                              securities depository&quot; or \r\n                                              &quot;depository&quot; means a company \r\n                                              approved by the Commission to \r\n                                              establish and operate a system for \r\n                                              the central handling of \r\n                                              securities- </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -20.85pt; text-autospace: none; margin-left: 57.35pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              whereby the securities are \r\n                                              immobilised or dematerialised and \r\n                                              dealings in respect of those \r\n                                              securities are effected by means \r\n                                              of entries in securities accounts \r\n                                              without the physical necessity of \r\n                                              certificates; or </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -20.85pt; text-autospace: none; margin-left: 57.35pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) which permits or facilitates \r\n                                              the settlement. or registration of \r\n                                              securities transactions of \r\n                                              dealings in securities without the \r\n                                              physical necessity of \r\n                                              certificates; and </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -20.85pt; text-autospace: none; margin-left: 57.35pt; margin-right: 1.65pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (iii) which provides other \r\n                                              facilities and services incidental \r\n                                              with the proceeding provisions;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;Commission&quot; means the Securities \r\n                                              and Exchange Commission \r\n                                              established by the Securities \r\n                                              Industry Law 1993 (P.N.D.C.L. 333) \r\n                                              as amended; </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;Companies Code&quot; means the \r\n                                              Companies Code, 1963 (Act 179) as \r\n                                              amended; </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -18.0pt; text-autospace: none; margin-left: 18.45pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &quot;computer system&quot; in \r\n                                              relation to a central depository, \r\n                                              means a computer system \r\n                                              established by a central \r\n                                              securities depository which forms \r\n                                              part of the system for the central \r\n                                              handling of securities and which \r\n                                              consists of </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -20.85pt; text-autospace: none; margin-left: 56.85pt">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              the central equipment comprising \r\n                                              hardware and software associated \r\n                                              with that hardware, located at the \r\n                                              premises of the central \r\n                                              depository, and </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 36.2pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) the terminals located at the \r\n                                              premises of the users. </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -18.0pt; text-autospace: none; margin-left: 18.45pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;central securities depository \r\n                                              rules&quot; includes the rules of a \r\n                                              central securities depository and \r\n                                              any other directions given from \r\n                                              time to time by a central \r\n                                              securities depository to any \r\n                                              person; </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -18.0pt; text-autospace: none; margin-left: 18.2pt; margin-right: 1.4pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;dealer&quot; means a dealer as defined \r\n                                              in the Securities Industry Law \r\n                                              1993 (P.N.D.C.L .333) as amended;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -18.0pt; text-autospace: none; margin-left: 18.2pt; margin-right: 1.4pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;dealing in securities&quot; means \r\n                                              dealing in securities as defined \r\n                                              in the Securities Industry Law \r\n                                              1993 (P.N.D.C.L. 333) as amended;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -18.0pt; text-autospace: none; margin-left: 18.45pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;debt securities&quot; means \r\n                                              debentures, bonds, notes, or other \r\n                                              similar instruments representing \r\n                                              or evidencing indebtedness whether \r\n                                              secured or otherwise; </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;debenture&quot; and &quot;debentureholder&quot; \r\n                                              means debenture and \r\n                                              debentureholder as defined under \r\n                                              the First Schedule to the \r\n                                              Companies Code; \r\n                                              &quot;dematerialisation&quot; means the \r\n                                              elimination of physical \r\n                                              certificates or decuments oftitle \r\n                                              that represent ownership of \r\n                                              securities so that securities \r\n                                              exist only as accounting records;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -18.0pt; text-autospace: none; margin-left: 18.45pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;dematerialisation date&quot; in \r\n                                              relation to a dematerialised \r\n                                              security, means the date \r\n                                              prescribed by a central securities \r\n                                              depository as being the last day \r\n                                              on which a certificate \r\n                                              representing such security shall \r\n                                              not be recognised as first hand \r\n                                              evidence of ownership under the \r\n                                              Companies Code; </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -18.0pt; text-autospace: none; margin-left: 18.45pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;dematerialised security&quot; means a \r\n                                              security which has been prescribed \r\n                                              by the central securities \r\n                                              depository whereby the underlying \r\n                                              physical certificate is no longer \r\n                                              recognised as prima facie evidence \r\n                                              01 ownership under the Companies \r\n                                              Code; </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .7pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;deposited security&quot; includes a \r\n                                              security standing to the credit of \r\n                                              a security account ~hich is \r\n                                              transferable by way of book-entry \r\n                                              in the record of depositors and a \r\n                                              security in a securities account \r\n                                              that is in suspense &quot;depositor&quot; in \r\n                                              relation to any book-entry, means \r\n                                              a holder of a securities account; \r\n                                              &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; . </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;depository&quot; means a central \r\n                                              securities depository; </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;eligible security&quot; means a \r\n                                              security which has been prescribed \r\n                                              by th, </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 17.75pt; margin-right: 2.15pt">\r\n                                              <span style="font-family: Arial">\r\n                                              Bank of Ghana or a stock exchange \r\n                                              to be admitted in with a central \r\n                                              securities depository; </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -18.0pt; text-autospace: none; margin-left: 18.2pt; margin-right: 1.4pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;information&quot; includes data \r\n                                              recorded in a form which can be \r\n                                              processed by equipment operating \r\n                                              automatically in response to \r\n                                              instructions given for a \r\n                                              particular purpose; </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -18.0pt; text-autospace: none; margin-left: 18.2pt; margin-right: 1.4pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;institutional investor&quot; means a \r\n                                              person whose ordinary course of \r\n                                              business is to hold, manage or \r\n                                              invest funds in connection with \r\n                                              retirement benefits, insurance \r\n                                              contracts, mortgage and savings \r\n                                              schemes and any funds or scheme in \r\n                                              the nature of a collective \r\n                                              investment scheme; </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -18.0pt; text-autospace: none; margin-left: 18.2pt; margin-right: 1.4pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;issuer&quot; in relation to a \r\n                                              security, includes the company, \r\n                                              corporation, government or body \r\n                                              corporate or unincorporated or \r\n                                              other person, which issued that \r\n                                              security, and any person \r\n                                              performing the functions of a \r\n                                              registrar for the issuer in \r\n                                              respect of the security; </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: -24.0pt; text-autospace: none; margin-left: 24.2pt; margin-right: 1.65pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;listed&quot; means admitted to the \r\n                                              official list of a stock exchange \r\n                                              in Ghana and listing shall be \r\n                                              construed accordingly; </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.75pt; text-autospace: none; margin-left: 18.2pt; margin-right: .95pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;listed security&quot; means a \r\n                                              book-entry security listed on a \r\n                                              stock exchange in Ghana; </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.75pt; text-autospace: none; margin-left: 18.2pt; margin-right: .95pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;market day&quot; means any day during \r\n                                              which a stock exchange is open for \r\n                                              business; </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .45pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;member&quot; in relation to </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: -20.4pt; text-autospace: none; margin-left: 56.85pt; margin-right: .7pt">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              a stock exchange, means a person \r\n                                              who is recognised as a member of a \r\n                                              stock exchange; and </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 36.45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (iii) a company, means a person \r\n                                              who is recognised as a member\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: 56.6pt; text-autospace: none; margin-left: .7pt; margin-right: 70.05pt">\r\n                                              <span style="font-family: Arial">\r\n                                              of a company under the Companies \r\n                                              Code; &quot;Minister&quot; means the \r\n                                              Minister responsible for Finance;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .45pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;non-bearer security&quot; means a \r\n                                              security other than a bearer \r\n                                              security; &quot;notification date&quot; \r\n                                              means the date on which is given \r\n                                              by a stock exchange; &quot;official \r\n                                              list&quot; in relation to a stock \r\n                                              exchange in Ghana, means a list or \r\n                                              lists specifying all securities \r\n                                              which have been listed for listing \r\n                                              on that stock exchange; </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .7pt; margin-right: 51.8pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;prescribe&quot; means prescribed by \r\n                                              regulations under this Act; \r\n                                              &quot;record&quot; in addition to a record \r\n                                              in writing, includes </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 36.45pt">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              a photograph; </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -20.85pt; text-autospace: none; margin-left: 57.6pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) a disc, tape, sound-track, or \r\n                                              other device in which sounds or \r\n                                              other data (not being visual \r\n                                              images) are embodied so as to be \r\n                                              capable (with or without the aid \r\n                                              of some other instrument) of being \r\n                                              reproduced from the disc, tape, \r\n                                              sound track or other device; and\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: 3.0pt; text-autospace: none; margin-left: 36.0pt; margin-right: 1.2pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ill) a film, tape or other device \r\n                                              on which visual images are \r\n                                              embodied so as to be capable (with \r\n                                              or without the aid of some other \r\n                                              instrument) of being reproduced \r\n                                              there from, and any reference to a \r\n                                              copy of a record includes a film, \r\n                                              tape or other device; </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -20.6pt; text-autospace: none; margin-left: 103.2pt; margin-right: 1.2pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (iv) in the case of a record \r\n                                              falling within paragraph (ii) but \r\n                                              not paragraph (iii) of this \r\n                                              definition, a transcript of the \r\n                                              sounds or other data embodied \r\n                                              therein; </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -20.6pt; text-autospace: none; margin-left: 103.2pt; margin-right: 1.2pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (v) in the case of a record \r\n                                              falling within paragraph (iii) but \r\n                                              not paragraph (iv) of this \r\n                                              definition, a still reproduction \r\n                                              of the images embodied therein, \r\n                                              whether enlarged or not; and\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -20.6pt; text-autospace: none; margin-left: 103.2pt; margin-right: 1.2pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (vi) in the case of a record \r\n                                              falling within both paragraphs \r\n                                              (ii) and (iii) of this definition, \r\n                                              the transcript of the sounds or \r\n                                              other data embodied therein \r\n                                              together with the still \r\n                                              reproduction of the images \r\n                                              embodied therein; </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 46.55pt; margin-right: .95pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;Register of depositors&quot; means a \r\n                                              record maintained by a central \r\n                                              securities depository to an issuer \r\n                                              which contains specified \r\n                                              particulars; &quot;Registrar&quot; means a \r\n                                              person appointed by an issuer to \r\n                                              perform the functions of a \r\n                                              registrar of its securities;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 46.55pt; margin-right: .95pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;securities&quot; includes- </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -20.6pt; text-autospace: none; margin-left: 103.2pt; margin-right: 1.2pt">\r\n                                              <span style="font-family: Arial">(i) \r\n                                              debentures, shares, bonds or notes \r\n                                              issued or proposed to be issued by \r\n                                              a body corporate and any right, \r\n                                              warrant or option in respect of \r\n                                              them, </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -20.4pt; text-autospace: none; margin-left: 102.7pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) bonds, treasury bills or \r\n                                              other loan instrument of the \r\n                                              Government of Ghana or of any \r\n                                              other country, </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -20.4pt; text-autospace: none; margin-left: 102.7pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ill) rights of interest, whether \r\n                                              described as units or otherwise \r\n                                              under a collective investment \r\n                                              scheme, </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -20.4pt; text-autospace: none; margin-left: 102.7pt; margin-right: 1.9pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (iv) other rights, interests or \r\n                                              instruments that the Minister may, \r\n                                              by notice in the <i>Gazette, </i>\r\n                                              prescribe. </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -18.0pt; text-autospace: none; margin-left: 64.1pt; margin-right: 1.65pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;securities account&quot; means an \r\n                                              account established by a central \r\n                                              securities depository for a \r\n                                              depositor for the recording of \r\n                                              deposited securities and cash \r\n                                              balances, in respect of dealings \r\n                                              in the securities by the \r\n                                              depositor; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; . </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -18.0pt; text-autospace: none; margin-left: 64.1pt; margin-right: 1.65pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;selling out&quot; means the selling of \r\n                                              securities effected by a stock \r\n                                              exchange according to the rules of \r\n                                              the stock exchange, in which a \r\n                                              buyer has failed to accept and to \r\n                                              pay for when delivered on a day \r\n                                              fixed for the settlement; </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -18.0pt; text-autospace: none; margin-left: 64.1pt; margin-right: 1.65pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;settlement partner&quot; means a \r\n                                              commercial bank designated by a \r\n                                              depository participant to settle \r\n                                              its transactions with the central \r\n                                              securities depository; </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -18.0pt; text-autospace: none; margin-left: 64.1pt; margin-right: 1.65pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;stock market&quot; means a market \r\n                                              exchange or other place at which, \r\n                                              or a facility by means of which \r\n                                              securities are regularly offered \r\n                                              for sale, purchase or exchanged; \r\n                                              and </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -18.0pt; text-autospace: none; margin-left: 65.5pt; margin-right: .95pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;user&quot; means a central securities \r\n                                              depository agent, an issuer, a \r\n                                              stock exchange or another person \r\n                                              that may be prescribed by the \r\n                                              Commission who may be given access \r\n                                              to a computer system of a central \r\n                                              depository. </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              References </span></b></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 11.75pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              61. </span></b>\r\n                                              <span style="font-family: Arial">A \r\n                                              reference in this Act to </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 65.25pt; margin-right: 1.65pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (a) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              writing includes any mode of \r\n                                              presenting or reproducing letters, \r\n                                              figures or marks in a visible \r\n                                              form, and </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 47.75pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">a \r\n                                              security being deposited or \r\n                                              required to be deposited with a \r\n                                              central </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: -17.75pt; text-autospace: none; margin-left: 83.25pt">\r\n                                              <span style="font-family: Arial">\r\n                                              securities depository shall be \r\n                                              construed as a reference to a \r\n                                              deposit of (i) the certificate,\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 83.5pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (ii) the instrument of transfer, \r\n                                              if any, or </span></p>\r\n                                              <p class="MsoNormal" style="text-indent: 83.5pt; text-autospace: none; margin-right: 59.25pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (iii) any other document \r\n                                              representing the security, to the \r\n                                              central securities depository.\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              Consequential Amendments </span>\r\n                                              </b></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-right: .7pt">\r\n                                              <b>\r\n                                              <span style="font-family: Arial">\r\n                                              62. </span></b>\r\n                                              <span style="font-family: Arial">\r\n                                              (1) The Securities Industry Law, \r\n                                              1993 (P.N.D.C.L. 333) as amended \r\n                                              by the Securities Industry \r\n                                              (Amendment) Act 2000 (Act 590) is \r\n                                              hereby further amended <i>(a) </i>\r\n                                              by the insertion of a new section \r\n                                              9 <i>(c) </i>as follows: </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -21.1pt; text-autospace: none; margin-left: 104.85pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;to register, licence, authorise \r\n                                              or regulate, in accordance with \r\n                                              this Act or any regulations made \r\n                                              under it, stock exchanges, \r\n                                              investment advisers, unit trust \r\n                                              schemes, mutual funds, securities \r\n                                              dealers, central securities \r\n                                              depositories, and their agents, \r\n                                              and to control and supervise their \r\n                                              activities with a view to \r\n                                              maintaining proper standards of \r\n                                              conduct and acceptable practices \r\n                                              in the securities business;&quot;\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -18.0pt; text-autospace: none; margin-left: 65.5pt; margin-right: .95pt">\r\n                                              <i>\r\n                                              <span style="font-family: Arial">\r\n                                              (b) </span></i>\r\n                                              <span style="font-family: Arial">\r\n                                              by the deletion of the following \r\n                                              from the definition of &quot;dealer&quot; \r\n                                              under section 142 of the \r\n                                              Securities Industry Law, 1993 (P.N.D.C.L. \r\n                                              333) as amended by section 12 <i>\r\n                                              (c) </i>of the Securities Industry \r\n                                              (Amendment) Act, 2000 (Act 590).\r\n                                              </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -21.1pt; text-autospace: none; margin-left: 104.85pt; margin-right: .45pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;a person who performs the \r\n                                              functions of central securities \r\n                                              depository and / or provides \r\n                                              securities clearing and settlement \r\n                                              facilities&quot;. </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 36.0pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (2) Section 52 of the Companies \r\n                                              Code is hereby repealed. </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 32.6pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &nbsp;(3) Section 82 of the Companies \r\n                                              Code is hereby repealed. </span>\r\n                                              </p>\r\n                                              <p class="MsoNormal" style="text-indent: 32.6pt; text-autospace: none; margin-right: .2pt">\r\n                                              <span style="font-family: Arial">\r\n                                              (4) The First Schedule to the \r\n                                              Companies Code, is hereby amended \r\n                                              by the substitution of the \r\n                                              following for the definition of \r\n                                              the &quot;Register&quot; </span></p>\r\n                                              <p class="MsoNormal" style="text-align: justify; text-indent: -18.45pt; text-autospace: none; margin-left: 65.75pt">\r\n                                              <span style="font-family: Arial">\r\n                                              &quot;Register&quot; includes a Register \r\n                                              maintained in electronic form and \r\n                                              saved on any device including a \r\n                                              disc, tape, or other device in \r\n                                              which sounds or other data are \r\n                                              embodied so as to be capable (with \r\n                                              or without the aid of some other \r\n                                              instrument) of being reproduced \r\n                                              from the disc, tape or other \r\n                                              device.&quot; </span></p>\r\n                                              <p class="MsoNormal" style="text-autospace: none; margin-left: 91.7pt; margin-right: .2pt">\r\n                                              <span style="font-family: Arial">\r\n                                              Date of <i>Gazette </i>\r\n                                              notification: 24th May, 2007 .\r\n                                              </span></p>\r\n                                              <p class="MsoNormal">\r\n                                              <span style="font-family: Arial">&nbsp;</span></td>\r\n                </tr>\r\n              </tbody>\r\n            </table>\r\n          </td>\r\n        </tr>\r\n<tr>\r\n  <td width="76" height="50" bgcolor="#003366">&nbsp;</td>\r\n        </tr>\r\n', 'Fourth', 'Yes', 'ACT 733');
INSERT INTO `actsofghana` (`id`, `title`, `content`, `republic`, `isshow`, `actname`) VALUES
(144, 'CENTRE FOR URBAN TRANSPORTATION ACT, 2010', '<table>\n<tr>\n                                            <td vAlign="top" align="left" width="1344" height="64">\n                                              <p class="Style" align="right" style="text-align: right; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												ACT 799</span></b></p>\n												<p class="Style" align="center" style="text-align: center; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												ACT</span></b></p>\n												<p class="Style" align="center" style="text-align: center; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												OF THE PARLIAMENT OF THE \n												REPUBLIC OF GHANA</span></b></p>\n												<p class="Style" align="center" style="text-align: center; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												ENTITLED</span></p>\n												<p class="Style" align="center" style="text-align: center; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												CENTRE FOR URBAN TRANSPORTATION\n												</span></b>\n												<span style="font-family: Arial,sans-serif">\n												<b>ACT, 2010</b></span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												AN ACT to establish the Centre \n												for Urban Transportation to \n												serve as a Centre of expertise \n												in urban transportation and to \n												facilitate the conduct of \n												research into urban \n												transportation, provide \n												technical assistance and \n												knowledge on urban transport to \n												policy makers and for related \n												matters. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												DATE OF ASSENT: </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												PASSED by Parliament and \n												assented to by the President\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												Establishment, Object and \n												Functions of the Centre </span>\n												</i><b>\n												<span style="font-family: Arial,sans-serif">\n												Establishment of the Centre for \n												Urban Transportation </span></b>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												1. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												(I) There is established by this \n												Act a body to be known as the \n												Centre for Urban Transportation.\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(2) The Centre is a body \n												corporate with perpetual \n												succession, and a common seal \n												and may sue and be sued in its \n												corporate name. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(3) The Centre may for the \n												performance of its functions \n												acquire and hold movable or \n												immovable property and may enter \n												into a contract or any other \n												transaction. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(4) Where there is hindrance to \n												the acquisition of property, the \n												property may be acquired for the \n												Centre under the State Property \n												and Contracts Act, 1960 (C.A. 6) \n												or the State Lands Act, 1962 \n												(Act 125) and the cost shall be \n												borne by the centre. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Object of the Centre </span></b>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												2. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												The object of the Centre is to \n												serve as a centre of expertise \n												and excellence in urban \n												transportation and to facilitate \n												the conduct of re­search into \n												Urban transportation systems in \n												order to improve urban \n												transportation in the country.\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Functions of the Centre </span>\n												</b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												3. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												For the purpose of achieving its \n												object, the Centre shall </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(a) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												make recommendations on Urban \n												Transport Policy and Strategy \n												for the consideration of urban \n												transport policy makers, Urban \n												Transport Operators and managers \n												of the Urban Transport System;\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(b) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												provide innovative solutions to \n												urban transport problems; <i>(c)\n												</i>provide technical assistance \n												and knowledge on urban transport \n												to policy makers, regulators, \n												planners, operators and managers \n												of urban transport; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(d) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												on request, build the capacity \n												of relevant stakeholders in all \n												urban transportation and related \n												issues; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(e) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												provide information on \n												innovations, standards, policy \n												recommendations or schemes \n												developed by the Centre and \n												which may be applied to urban \n												transport policy, operations and \n												management, or to general \n												transportation or any other \n												relevant aspect of public policy \n												formulation; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(f) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												take relevant measures within \n												its mandate to draw the \n												attention of policy makers, \n												operators and managers of urban \n												transportation to the need to \n												take relevant multi-disciplinary \n												and multi-modal issues into \n												account in the development and \n												implementation of urban \n												transportation policy; </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(g) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												recommend appropriate \n												combination of traffic \n												engineering measures, management \n												and regulatory mechanisms of \n												public transport industry \n												including a Bus Rapid Transit \n												that may be implemented in \n												appropriate urban areas; </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(h) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												promote environmentally \n												sustainable modes of transport \n												and lowering of transport \n												related Green House Gas \n												emissions along transport \n												corridors and urban areas;\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(1) </span>\n												<span style="font-family: Arial,sans-serif">\n												initiate, conduct and support \n												research to improve urban \n												transportation; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(j) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												collect, collate, analyse and \n												disseminate up-to-date \n												information on urban transport \n												and issue guidelines on how \n												recommendations of the Centre \n												may be applied by persons and \n												entities in the public and \n												private sector; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(k) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												keep a database of persons and \n												entities that the Centre may \n												liaise and work with in the \n												performance of its function;\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(I) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												identify specific research and \n												other projects of relevance to \n												urban transport and make the \n												necessary recomIllendation to \n												government and other relevant \n												agencies; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(m) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												initiate, organise and \n												participate in promotional \n												activities including \n												exhibitions, conferences and \n												seminars for the stimulation of \n												discussions, the acquisition or \n												dissemination of knowledge on \n												specific urban transport issues;\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(n) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												collaborate with District \n												Assemblies, transport operators, \n												policy makers, Ministries, \n												Departments and Agencies and any \n												other entity concerned with \n												Urban Transport; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(0) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												keep a data base of \n												technological applications \n												relating to urban transport and \n												recommend appropriate \n												technologies that may be adopted \n												in this country; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(p) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												on request and subject to an \n												appropriate contract, monitor, \n												evaluate and audit the \n												implementation of government \n												policies on urban transport to \n												assess the effectiveness of \n												those policies; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(q) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												encourage co-ordinated \n												employment of modern urban \n												strategies; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(r) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												encourage and promote the \n												commercialization of research \n												results; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(5) </span>\n												<span style="font-family: Arial,sans-serif">\n												undertake or collaborate in the \n												collation, publication and \n												dissemination of the results of \n												research and other useful \n												technical information; </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(u) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												promote human resource \n												development in relation to urban \n												transport and to encourage the \n												training of urban transport\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												personnel and research workers \n												through the provision of grants \n												and fellowships; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(v) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												establish relationships and \n												collaborate with </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(i) relevant research \n												institutions, international and \n												local organisations, \n												universities, and the private \n												sector that have objectives \n												similar to the object of the \n												Centre; and </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(ii) other urban transportation \n												organisations for the sharing of \n												experiences, knowledge and \n												lessons among others; </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(w) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												provide consultancy services and \n												technical support services for a \n												fee; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(x) monitor and ensure the \n												performance of public bodies, \n												agencies and organisations in \n												relation to the use of services \n												received from the Centre; and\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(y) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												perform any other function \n												necessary for the attainment of \n												the object of the Centre </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Governing Body of the Centre\n												</span></b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												4. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												(1) The governing body of the \n												Centre is a Board consisting of\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(a) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												a chairperson who shall be a \n												person with considerable \n												knowledge of urban transport and \n												who is not employed in the \n												public service; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(b) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												one representative each, not \n												below the rank of director of\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												the Ministry responsible for:</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												&nbsp;(i) Roads; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(ii) Transport; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(iii) Local Government; and (iv) \n												Environment; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(c) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												one representative each of the\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(i) Drivers and Vehicle \n												Licensing Authority; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(ii) National Development \n												Planning Commission; and (iii) \n												National Road Safety Commission;\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(d) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												one person appointed from an \n												accredited tertiary institution \n												that offers a programme in urban \n												transportation; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(e) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												two persons with experience in \n												urban transporta tion or \n												municipal engineering from the \n												private sector; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(f) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												one person representing urban \n												transport operators, selected in \n												consultation with urban \n												transport operators; and </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(g) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												the Chief Executive Officer of \n												the Centre. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(2) The Chairman and other \n												members of the Board shall be \n												appointed by the President of \n												the Republic in accordance with \n												article 70 of the Constitution.\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Functions of the Board </span>\n												</b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												5. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												(1) The Board shall ensure the \n												proper and effective performance \n												of the functions of the Centre,\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(2) Without limiting subsection \n												(1), the Board shall </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(a) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												approve the annual operating \n												plan and budget of the Centre;</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												&nbsp;<i>(b) </i>review the quarterly \n												performance of the Centre \n												including the statement of \n												account; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(c) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												ensure cooperation and \n												coordination with stakeholders;\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(d) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												recommend remuneration of the \n												staff of the Centre; and <i>(e)\n												</i>institute measures to \n												facilitate the effectiveness ·of \n												the Centre and the attainment of \n												its object. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Tenure of Office </span></b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												6. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												(1) A member of the Board shall \n												hold office for a period not \n												exceeding three years and is \n												eligible for re-appointment but \n												a member shall not be appointed \n												for more than two terms. </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(2) Subsection (1) does not \n												apply to the Chief Executive \n												Officer of the Centre. </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(3) A member of the Board may at \n												any time resign from office in \n												writing addressed to the \n												President through the Minister.\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(4) A member of the Board, other \n												than the Chief Executive Officer \n												of the Centre, who is absent \n												from three consecutive meetings \n												of the Board without sufficient \n												cause ceases to be a member of \n												the Board. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(5) The President may by letter \n												addressed to a member revoke the \n												appointment of that member.\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(6) Where a member of the Board \n												is, for sufficient reason, \n												unable to act as a member, the \n												Minister shall determine whether \n												the inability would result in \n												the declaration of vacancy.\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(7) Where there is a vacancy\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(a) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												under subsection (3), (4), (5) \n												or section 8 (2), or </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(b) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												as a result of a declaration \n												under subsection (6,) or </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(c) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												by reason of the death of a \n												member, the minister shall \n												notify the President of the \n												vacancy and the President shall \n												appoint a person to fill the \n												vacancy. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Allowances </span></b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												10. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												Members of the Board and members \n												of a committee of the Board \n												shall be paid allowances \n												approved by the Minister in \n												consultation with the Minister \n												responsible for Finance. </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												Administration and Finance</span></i></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												&nbsp;</span></i><b><span style="font-family: Arial,sans-serif">Administration \n												and Divisions of the</span></b><span style="font-family: Arial,sans-serif">\n												<b>Centre </b></span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												11. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												(1) The Board may establish \n												divisions or units it considers \n												necessary for the effective \n												performance of the functions and \n												the administration of the \n												Centre. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(2) Subject to subsection (1), \n												the Centre may have the \n												following divisions: </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(a) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												Technical Support; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(b) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												Capacity Development; </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(c) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												Urban Transport Policy Delivery;\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(d) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												Finance and Administration; and\n												<i>(e) </i>Monitoring and \n												Evaluation. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(3) There shall be appointed for \n												each division a Director and for \n												a Unit a Head. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(4) Each director or head shall \n												be responsible for the \n												management of the division or \n												unit and shall answer to the \n												Chief Executive Officer. (5) \n												Qualifications for the \n												appointment as director shall be \n												deter­mined by the Board. </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(6) The staff strength, duties \n												and functions of each division \n												or unit shall be determined by \n												the Board on the recommendation \n												of the Chief Executive Officer.\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(7) A regional or district \n												office of the centre shall be \n												provided with public officers \n												that the President shall appoint \n												in accordance with article 195 \n												of the Constitution. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(8) A regional or district \n												office of the Centre shall \n												perform the functions of the \n												Centre in the region or district \n												that the Board may direct.\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Ministerial responsibility and \n												directives </span></b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												12. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												The Ministry of Local Government \n												and Rural Development shall have \n												ministerial responsibility for \n												the Centre and the Minister may \n												give directives to the Board on \n												matters of policy and the Board \n												shall comply. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Chief Executive Officer </span>\n												</b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												13. (1) The President in \n												accordance with article 195 of \n												the Constitution shall appoint a \n												person who has the requisite \n												qualifications, experience and \n												skills for the performance of \n												the functions of the Centre as \n												the Chief Executive Officer of \n												the Centre. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(2) The Chief Executive Officer \n												shall hold office </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(a) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												on the terms and conditions \n												specified in the letter of \n												appointment; and </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(b) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												for a term of not more than four \n												years but is eligible for \n												re­appointment. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Functions of the Chief Executive \n												Officer </span></b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												14. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												(1) The Chief Executive Officer \n												is responsible for the day to \n												day administration of the Centre \n												and is answerable to the Board \n												fOf the per­formance of the \n												functions under this Act. </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(2) Without limiting subsection \n												(1), the Chief Executive Officer\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(a) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												direct and coordinate the work \n												of the Centre; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(b) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												with the assistance of the \n												directors of the divisions or \n												heads units draw up the \n												implementation plans, budget and \n												programme of activities of the \n												Centre for the approval of the \n												Board; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(c) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												collaborate with other \n												stakeholders to ensure that the \n												objectives of the Centre are \n												achieved; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(d) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												assist the Board to appraise the \n												performance contracts of other \n												management staff of the Centre; \n												and </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(e) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												perform other functions \n												determined by the Board as \n												necessary for the achievement of \n												the objective of the Centre.\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(3) The Chief Executive Officer \n												may delegate a function to an \n												officer of the Centre but shall \n												not be relieved from the \n												ultimate responsi­bility for \n												performance of the delegated \n												function. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Performance Contracts </span>\n												</b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												15. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												The Board may enter into \n												performance contracts with the \n												Chief Executive Officer and \n												other managerial staff of the \n												Centre </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Secretary of the Centre </span>\n												</b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												16. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												(1) The President in accordance \n												with the article 195 of the \n												Con­stitution shall appoint a \n												Secretary for the'' Board of the \n												Centre. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(2) The Secretary </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(a) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												is answerable to the Chief \n												Executive Officer; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(b) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												shall keep accurate records of \n												proceedings and decisions of the \n												Board; and </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(c) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												shall perform any functions \n												determined by the Board or the \n												Chief Executive Officer. </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Appointment of other staff\n												</span></b></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												17. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												(1) The President, in accordance \n												with article 195 of the \n												Constitu­tion, shall appoint \n												other staff of the Centre that \n												are necessary for the proper and \n												effective performance of the \n												functions of the Centre. </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(2) Other public officers may be \n												transferred or seconded to the\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												Centre or may otherwise give \n												assistance to the Centre. \n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; . </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(3) The Board may engage the \n												services of persons with \n												relevant expertise on the \n												recommendations of the Chief \n												Executive Officer. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Funds of the Centre </span></b>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												18. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												The funds of the Centre include \n												moneys </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(a) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												approved by Parliament for the \n												Centre; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(b) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												from fees paid for the provision \n												of services by the Centre to (i) \n												Metropolitan, Municipal and \n												District Assemblies, and </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(ii) Ministries Departments and \n												Agencies </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(c) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												from fees from the provision of \n												services which may be local\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												or international; </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(d) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												from proceeds received by the \n												Centre from investments; <i>(e)\n												</i>from funding from \n												Development Partners; </span>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<i>\n												<span style="font-family: Arial,sans-serif">\n												(f) </span></i>\n												<span style="font-family: Arial,sans-serif">\n												from donations, grants, gifts, \n												and income from other sources \n												received for the activities of \n												the Centre. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												Accounts and Audit </span></b>\n												</p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<b>\n												<span style="font-family: Arial,sans-serif">\n												19. </span></b>\n												<span style="font-family: Arial,sans-serif">\n												(1) The Board shall keep books \n												of account and proper records in \n												relation to them in the form \n												approved by the Auditor-General.\n												</span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(2) The Board shall submit the \n												accounts of the Centre to the \n												Auditor-General for audit within \n												three months after the end of \n												the financial year. </span></p>\n												<p class="Style" style="text-align: justify; margin-right: .55pt">\n												<span style="font-family: Arial,sans-serif">\n												(3) The Auditor-General shall, \n												not later than three months \n												after the receipt of the \n												accounts, audit the accounts and \n												forward a copy of the Audit \n												report to the Minister. </span>\n												</p>\n												<p></td>\n                </tr>\n              </tbody>\n            </table>\n          </td>\n        </tr>\n<tr>\n  <td width="76" height="50" bgcolor="#003366">&nbsp;</td>\n        </tr>\n', 'Fourth', 'Yes', '');

-- --------------------------------------------------------

--
-- Table structure for table `constitution`
--

CREATE TABLE IF NOT EXISTS `constitution` (
  `id` int(11) NOT NULL AUTO_INCREMENT,
  `chapter` varchar(20) NOT NULL,
  `content` text NOT NULL,
  `title` varchar(150) NOT NULL,
  PRIMARY KEY (`id`),
  FULLTEXT KEY `chapter` (`chapter`),
  FULLTEXT KEY `content` (`content`),
  FULLTEXT KEY `title` (`title`),
  FULLTEXT KEY `title_2` (`title`),
  FULLTEXT KEY `content_2` (`content`),
  FULLTEXT KEY `title1` (`title`),
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--
-- Dumping data for table `constitution`
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INSERT INTO `constitution` (`id`, `chapter`, `content`, `title`) VALUES
(1, '9', ' <p align="center"><font size="2"><b>THE COUNCIL OF STATE</b></font></p>&nbsp;89.<dir> <dir> <p>(1) There shall be a Council of State to counsel the President in the performance of his functions.</p> <p>(2) The Council of State shall consist of -</p><dir> <p>(a) the following persons appointed by the President in consultation with Parliament -</p><dir> <dir> <p>(i) one person who has previously held the office of Chief Justice;</p> <p>(ii) one person who has previously held the office of Chief of Defence Staff of the Armed Forces of Ghana;</p> <p>(iii) one person who has previously held the office of Inspector-General of Police;</p></dir> </dir> <p>(b) the President of the National House of Chiefs;</p> <p>(c) one representative from each region of Ghana elected, in accordance with regulations made by the Electoral Commission under article 51 of this Constitution, by an electoral college comprising two representatives from each of the districts in the region nominated by the District Assemblies in the region; and</p> <p>(d) eleven other members appointed by the President.</p></dir> <p>(3) The Council of State shall elect a chairman from among its members.</p> <p>(4) A member of the Council of State shall, at the first meeting of the Council which he attends, take and subscribe the oath of secrecy and the oath of a member of the Council of State set out in the Second Schedule to this Constitution.</p> <p>(5) A member of the Council of State shall hold office until the end of the term of office of the President unless -</p><dir> <p>(a) that member resigns by writing signed by him and addressed to the President; or</p> <p>(b) becomes permanently incapacitated; or</p> <p>(c) is removed from office or dies.</p></dir> <p>(6) The appointment of a member of the Council of State may be terminated by the President on grounds of stated misbehaviour or of inability to perform his functions arising from infirmity of body or mind, and with the prior approval of Parliament.</p> <p>(7) The Chairman and members of the Council of State shall be entitled to such allowances and privileges as may be determined in accordance with article 71 of this Constitution.</p> <p>(8) The allowances and privileges of the Chairman and other members of the Council of State shall be charged on the Consolidated Fund and shall not be varied to their disadvantage while they hold office.</p></dir> </dir> <p>90.</p><dir> <dir> <p>(1) A bill which has been published in the Gazette or passed by Parliament shall be considered by the Council of State if the President so requests.</p> <p>(2) A request from the President for consideration of a bill may be accompanied by a statement setting forth the amendments or changes, if any, which the President proposes for consideration by the Council of State.</p> <p>(3) Consideration of a bill under clause (1) of this article shall be completed within thirty days after the third reading in Parliament of that bill except that where the bill was passed under a certificate of urgency, the Council of State shall consider it and report to the President within seventy-two hours.</p> <p>(4) Where the Council of State decides not to propose an amendment to a bill the Chairman shall, within seven days after the decision of the Council, transmit the bill with a certificate to that effect addressed to the President.</p> <p>(5) Where the Council of State decides to propose amendments to a bill, the bill, with a memorandum setting forth the amendments proposed on the bill, shall be transmitted by the chairman to the President within fifteen days after the conclusion of the consideration by the Council of State.</p></dir> </dir> <p>91.</p><dir> <dir> <p>(1) The Council of State shall consider and advise the President or any other authority in respect of any appointment which is required by this Constitution or any other law to b e made in accordance with the advice of, or in consultation with, the Council of State.</p> <p>(2) The advice referred to in clause (1) of this article shall be given not later than thirty days after the receipt of the request from the President or other authority.</p> <p>(3) The Council of State may, upon request or on its own initiative, consider and make recommendations on any matter being considered or dealt with by the President, a Minister of State, Parliament or any other authority established by this Constitution except that the President, Minister of State, Parliament or other authority shall not be required to act in accordance with any recommendation made by the Council of State under this clause.</p> <p>(4) The Council of State shall perform such other functions as may be assigned to it by this Constitution or any other law not inconsistent with this Constitution.</p></dir> </dir> <p>92.</p><dir> <dir> <p>(1) The Council of State shall meet for the dispatch of business at least four times in a year at such time and place as the Chairman my determine.</p> <p>(2) The Council of State shall also meet if requested by -</p><dir> <p>(a) the President; or</p> <p>(b) Parliament; or</p> <p>(c) not less than five members of the Council.</p></dir> <p>(3) The Council of States shall hold its meetings in camera but may admit the public to any meetings whenever it considers it appropriate.</p> <p>(4) The Chairman of the Council of State shall preside at every meeting of the Council, and in his absence, a member of the Council elected by the members of the Council shall preside.</p> <p>(5) A question for decision by the Council of State shall not be proposed for determination unless there are present in the Council more than one-half of all the members of the Council.</p> <p>(6) Except as otherwise provided in this Constitution, the question proposed shall be determined by the majority of the members present and voting.</p> <p>(7) The Council of State may, at any time, appoint any committees it considers appropriate and assign to them any matter or investigation which the Council may determine.</p> <p>(8) The Council of State may, with the approval of the President, commission experts and consultants to advise it or to assist it in dealing with any specific issue on such terms and conditions as it may determine.</p> <p>(9) A member of the Council of State who is a party to, or is a partner in, a firm which is a party to a contract with the Government shall, in any proceedings in the Council of State relating to that contract, declare his interest or the interest of that firm and shall not vote on any question relating to that contract.</p> <p>(10) The proceedings of the Council of State shall not be invalidated by -</p><dir> <p>(a) a vacancy in its membership, including a vacancy not filled when the Council first meets; and</p> <p>(b) the presence or participation of a person not entitled to be present or to participate in the proceedings of the Council.</p></dir> <p>(11) Subject to the provisions of this Constitution, the Council of State may regulate its own procedure.</p></dir> </dir> 		</div>\r\n', '<p align="center"><font size="2"><b>CHAPTER NINE</b></font></p>'),
(2, '10', ' <p align="center"><b><font size="2">&nbsp;</font></b>Composition of Parliament</p> <b><font size="2"> </font> </b><i> </i><p>93.</p><dir> <dir> <p>(1) There shall be a Parliament of Ghana which shall consist of not less than one hundred and forty elected members.</p> <p>(2) Subject to the provisions of this Constitution, the legislative power of Ghana shall be vested in Parliament and shall be exercised in accordance with this Constitution.</p></dir> </dir> <p>&nbsp;94.</p><dir> <dir> <p>(1) Subject to the provisions of this article, a person shall not be qualified to be a member of Parliament unless -</p><dir> <p>(a) he is a citizen of Ghana, has attained the age of twenty-one years and is a registered voter;</p> <p>(b) he is resident in the constituency for which he stands as a candidate for election to Parliament or has resided there for a total period of not less than five years out of the ten years immediately preceding the election for which he stands, or he hails from that constituency; and</p> <p>(c) he has paid all his taxes or made arrangements satisfactory to the appropriate authority for the payment of his taxes.</p></dir> <p>(2) A person shall not be qualified to be a member of Parliament if he - </p><dir> <p>(a) owes allegiance to a country other than Ghana: or</p> <p>(b) has been adjudged or otherwise declared-</p><dir> <dir> <p>(i) bankrupt under any law in force in Ghana and has not been discharged or</p> <p>(ii) to be of unsound mind or is detained as a criminal lunatic under any law in force in Ghana; or </p></dir> </dir> <p>(c) has been convicted - </p><dir> <dir> <p>(i) for high crime under this Constitution or high treason or treason or for an offence involving the security of the State, fraud, dishonesty or moral turpitude; or</p> <p>(ii) for nay other offence punishable by death or by a sentence of not less than ten years; or </p> <p>(iii) for an offence relating to, or connected with election under a law in force in Ghana at any time; or </p></dir> </dir> <p>(d) has been found by the report of a commission or a committee of inquiry to be incompetent to hold public office or is a person in respect of whom a commission or commitee of inquiry has found that while being a public officer he acquired assets unlawfully or defrauded the State or mis-used or abused his office, or willfully acted in a manner prejudicial to the interest of the State, and the findings have not been set aside on appeal or judicial review; or</p> <p>(e) is under sentence of death or other sentence of imprisonment imposed on him by any court; or #9; </p> <p>(f) is not qualified to be registered as a voter under any law relating to public elections; or </p> <p>(g) is other wise disqualified by a law in force at the time of the coming into force of this Constitution, not being inconsistent with a provision of this Constitution.</p></dir> <p>(3) A person shall not be eligible to be a member of Parliament if he -</p><dir> <p>(a) is prohibited from standing election by a law in force in Ghana by reason of his holding or acting in an office the functions of which involve a responsibility for or are connected with the conduct of, an election or responsibility for, the compilation or revision of an electoral register; or</p> <p>(b) is a member of the Police Service, the Prisons Service, the Armed Forces, the Judicial Service, the Legal Service, the Civil Service, the Audit Service, the Parliamentary Service, the Statistical Service, the Fire Service, the Customs, Excise and Preventive Service, the Immigration Service, or the Internal Revenue Service; or </p> <p>(c) is a Chief.</p></dir> <p>(4) For the purposes of paragraph (d) of clause (2) of this article, in the case of any finding made by a commission or committee of inquiry which is not a judicial or quasi-judicial commission or committee of inquiry, without prejudice to any appeal against or judicial review of that finding, the finding shall not have the effect of disqualifying a person under that paragraph unless it has been confirmed by a Government white paper.</p> <p>(5) A person shall not be taken to be disqualified to be a member of Parliament under paragraph (c) or (d) of clause (2) of this article if -</p><dir> <p>(a) ten years or more have passed since the end of the sentence or the date for the publication of the report of the commission or committee of inquiry; or </p> <p>(b) he has been pardoned.</p></dir> </dir> </dir> <p>95.</p><dir> <dir> <p>(1) There shall be a Speaker of Parliament who shall be elected by the members of Parliament from among persons who are members of Parliament or who are qualified to be elected as members of Parliament.</p> <p>(2) The Speaker shall vacate his office -</p><dir> <p>(a) if he becomes a Minister of State or a Deputy Minister, or</p> <p>(b) if he resigns from office by writing signed by him and addressed to the Clerk to Parliament; or</p> <p>(c) if any circumstances arise that, if he were not Speaker, would disqualify him for election as a member of Parliament; or</p> <p>(d) if he is removed from office by a resolution of Parliament supported by the votes of not less than three-quarters of all the members of Parliament.</p></dir> <p>(3) No business shall be transacted in Parliament other than an election to the office of Speaker, at any time when the office of Speaker is vacant.</p> <p>(4) A person elected to the office of Speaker shall, before entering upon the duties of his office, take and subscribe before Parliament the oath of allegiance and the Speaker''s oath set out in the Second Schedule to this Constitution.</p> <p>(5) The Speaker shall receive such salary and allowances, and on retirement, such retiring a wards as may be determined in accordance with article 71 of this Constitution.</p> <p>(6) The salary and allowances payable to the Speaker and any retiring awards payable to him on retirement shall be charged on the Consolidated Fund.</p> <p>(7) The salary and other allowances payable to the Speaker shall not be varied to his disadvantage during his tenure of office.</p></dir> </dir> <p>96.</p><dir> <dir> <p>(1) There shall be two Deputy Speakers of Parliament - </p><dir> <p>(a) who shall be elected by the members of Parliament from among the members of Parliament; and</p> <p>(b) both of whom shall not be members of the same political party.</p></dir> <p>(2) The members of Parliament shall elect a person to the office of Deputy Speaker when Parliament first meets after a dissolution of Parliament and if the office becomes vacant otherwise than by reason of a dissolution of Parliament, at the first sitting off Parliament after the office becomes vacant.</p> <p>(3) The provisions of clause (2) of article 95 of this Constitution shall apply in the case of a Deputy Speaker.</p></dir> </dir> <p>97.</p><dir> <dir> <p>(1) A member of Parliament shall vacate his seat in Parliament -</p><dir> <p>(a) upon a dissolution of Parliament; or</p> <p>(b) if he is elected as Speaker of Parliament; or</p> <p>(c) if he is absent, without the permission in writing of the Speaker and he is unable to offer a reasonable explanation to the Parliamentary Committee on Privileges from fifteen sittings of a meeting of Parliament during any period that Parliament has been summoned to meet and continues to meet; or</p> <p>(d) if he is expelled from parliament after having been found guilty of contempt of Parliament by a committee of Parliament; or</p> <p>(e) if any circumstances arise such that, if he were not a member of Parliament, would cause him to be disqualified or ineligible for election, under article 94 of this Constitution; or</p> <p>(f) if he resigns from office as a member of Parliament by writing under his hand addressed to the Speaker; or</p> <p>(g) if he leaves the party of which he was a member at the time of his election to Parliament to join another party or seeks to remain in Parliament as an independent member; or</p> <p>(h) if he was elected a member of Parliament as an independent candidate and joins a political party.</p></dir> <p>(2) Notwithstanding paragraph (g) of clause (1) of this article, a merger of parties at the national level sanctioned by the parties'' Constitutions or membership of a coalition government of which his original party forms part, shall not affect the status of any member of Parliament.</p></dir> </dir> <p>98.</p><dir> <dir> <p>(1) A member of Parliament shall be paid such salary and allowances and provided with such facilities as may be determined in accordance with article 71 of this Constitution.</p> <p>(2) A member of Parliament shall not hold any office of profit or emolument, whether private or public and either directly or indirectly, unless permitted to do so by the Speaker acting on the recommendations of a committee of Parliament on the grounds that -</p><dir> <p>(a) holding that office will not prejudice the work of a member of Parliament; and</p> <p>(b) no conflict of interest arises or would arise as a result of the member holding that office.</p></dir> </dir> </dir> <p>99.</p><dir> <dir> <p>(1) The High Court shall have jurisdiction to hear and determine any question whether -</p><dir> <p>(a) a person has been validly elected as a member of Parliament or the seat of a member has become vacant; or</p> <p>(b) a person has been validly elected as a Speaker of Parliament or, having been so elected, has vacated the office of Speaker.</p></dir> <p>(2) A person aggrieved by the determination of the High Court under this article may appeal to the Court of Appeal.</p> <p align="center"><i>Procedure in Parliament</i></p></dir> </dir> <p>100.</p><dir> <dir> <p>(1) A member of Parliament shall, before taking his seat in Parliament, take and subscribe before the Speaker and in the presence of the members of Parliament, the oath of allegiance and the oath of a member of parliament set out in the Second Schedule to this Constitution.</p> <p>(2) A member of Parliament may, before taking the oaths referred to in clause (1) of this article, take part in the election of the Speaker.</p></dir> </dir> <p>101.</p><dir> <dir> <p>The Speaker shall preside in Parliament at all sittings and in his absence a Deputy Speaker shall preside.</p></dir> </dir> <p>102.</p><dir> <dir> <p>A quorum of Parliament, apart from the person presiding, shall be one-third of all the members of Parliament.</p></dir> </dir> <p>103.</p><dir> <dir> <p>(1) Parliament shall appoint standing committees and other committees as may be necessary for the effective discharge of its functions.</p> <p>(2) The standing committees shall be appointed at the first meeting of Parliament after the election of the Speaker and the Deputy Speakers.</p> <p>(3) Committees of Parliament shall be charged with such functions, including the investigation and inquiry into the activities and administration of ministries and departments as parliament may determine; and such investigation and inquiries may extend to proposals for legislation.</p> <p>(4) Every member of Parliament shall be a member of at least one of the standing committees.</p> <p>(5) The composition of the committees shall, as much as possible, reflect the different shades of opinion in Parliament.</p> <p>(6) A committee appointed under this article shall have the powers, rights and privileges of the High Court or a Justice of the High Court at a trial for -</p><dir> <p>(a) enforcing the attendance of witnesses and examining them on oath, affirmation or otherwise;</p> <p>(b) compelling the production of documents; and </p> <p>(c) issuing a commission or request to examine witnesses abroad.</p></dir> </dir> </dir> <p>104.</p><dir> <dir> <p>(1) Except as otherwise provided in this Constitution, matters in Parliament shall be determined by the votes of the majority of members present and voting, with at least half of all the members of Parliament present.</p> <p>(2) The Speaker shall have neither an original nor casting vote.</p> <p>(3) Where the votes on any motion are equal it shall be taken to be lost.</p> <p>(4) Where Parliament is considering a bill to amend the Constitution, or where the voting is in relation to the election or removal of any person under this Constitution or under any other law, voting shall be in secret.</p> <p>(5) A member who is a party to or a partner in a firm which is a party to a contract with the Government shall declare his interest and shall not vote on any question relating to the contract.</p></dir> </dir> <p>105.</p><dir> <dir> <p>A person who sits or votes in Parliament knowing or having reasonable grounds for knowing that he is not entitled so to do commits an offence and shall be liable on conviction, to such penalty as shall be prescribed by or under an Act of Parliament.</p></dir> </dir> <p>106.</p><dir> <dir> <p>(1) The power of Parliament to make laws shall be exercised by bills passed by parliament and assented to by the President.</p> <p>(2) No bill, other than such a bill as is referred to in paragraph (a) of article 108 of this Constitution, shall be introduced in parliament unless -</p><dir> <p>(a) it is accompanied by an explanatory memorandum setting out in detail the policy and principles of the bill, the defects of the existing law, the remedies proposed to deal with those defects and the necessity for its introduction; and</p> <p>(b) it has been published in the Gazzette at least fourteen days before the date of its introduction in Parliament.</p></dir> <p>(3) A bill affecting the institution of chieftaincy shall not be introduced in Parliament without prior reference to the National House of Chiefs.</p> <p>(4) Whenever a bill is read the first time in Parliament, it shall be referred to the appropriate committee appointed under article 103 of this Constitution which shall examine the bill in detail and make all such inquiries in relation to it as the committee considers expedient or necessary.</p> <p>(5) Where a bill has been deliberated upon by the appropriate committee, it shall be reported to Parliament.</p> <p>(6) The report of the committee, together with the explanatory memorandum to the bill, shall form the basis for a full debate on the bill for its passage, with or without amendments, or its rejection, by Parliament.</p> <p>(7) Where a bill passed by Parliament is presented to the President for assent he shall signify, within seven days after the refuses to assent to the bill, unless the bill has been referred by the President to the Council of State under article 90 of this Constitution.</p> <p>(8) Where the President refuses to assent to a bill, he shall, within fourteen days after the refusal -</p><dir> <p>(a) state in a memorandum to the Speaker any specific provisions of the bill which in his opinion should be reconsidered by Parliament, including his recommendations for amendments if any; or</p> <p>(b) inform the Speaker that he has referred the bill to the Council of State for consideration and comment under article 90 of this Constitution.</p></dir> <p>(9) Parliament shall reconsider a bill taking into account the comments made by the President or the Council of State, as the case may be, under clause (8) of this article.</p> <p>(10) Where a bill reconsidered under clause (9) of this article is passed by Parliament by a resolution supported by the votes of not less than two-thirds of all the members of Parliament, the President shall assent to it within thirty days after passing of the resolution.</p> <p>(11) Without prejudice to the power of Parliament to postpone the operation of a law, a bill shall not become law until it has been duly passed and assented to in accordance with the provisions of this Constitution and shall not come into force unless it has been published in theGazette.</p> <p>(12) The provisions of clauses (7) to (10) of this article shall not apply to a bill certified by the Speaker as a bill to which the provisions of article 108 of this Constitution apply; and accordingly, the President shall give his assent to any such bill when presented for assent.</p> <p>(13) Where it is determined by a committee of Parliament appointed for the purpose that a particular bill is of an urgent nature, the provisions of the preceding clauses of this article, other than clause (1) and paragraph (a) of clause (2) shall not apply, and accordingly, the President shall give his assent to the bill on its presentation for assent.</p> <p>(14) A bill introduced in Parliament by or on behalf of the President shall not be delayed for more than three months in any committee of Parliament.</p></dir> </dir> <p>107.</p><dir> <dir> <p>Parliament shall have no power to pass any law -</p><dir> <p>(a) to alter the decision or judgement of any court as between the parties subject to that decision or judgement; or</p> <p>(b) which operates retrospectively to impose any limitations on, or to adversely affect the personal rights and liberties of any person or to impose a burden, obligation or liability on any person except in the case of a law enacted under articles 178 0r 182 of this Constitution.</p></dir> </dir> </dir> <p>108.</p><dir> <dir> <p>Parliament shall not, unless the bill is introduced or the motion is introduced by, or on behalf of, the President -</p><dir> <p>(a) proceed upon a bill including an amendment to a bill, that, in the opinion of the person presiding, makes provision for any of the following -</p><dir> <dir> <p>(i) the imposition of taxation or the alteration of taxation otherwise than by reduction; or</p> <p>(ii) the imposition of a charge on the Consolidated Fund or other public funds of Ghana or the alteration of any such charge otherwise than by reduction; or</p> <p>(iii) the payment, issue or withdrawal from the Consolidated Fund or other public funds of Ghana of any moneys not charged on the Consolidated Fund or any increase in the amount of that payment, issue or withdrawal; or</p> <p>(iv) the composition or remission of any debt due to the Government of Ghana; or</p></dir> </dir> <p>(b) proceed upon a motion, including an amendment to a motion, the effect of which, in the opinion of the person presiding, would be to make provision for any of the purpose specified in paragraph (a) of this article.</p></dir> </dir> </dir> <p>109.</p><dir> <dir> <p>(1) Parliament may by law regulate professional, trade and business organisations.</p> <p>(2) The affairs of an organisation referred to in clause (1) of this article shall be conducted on democratic lines.</p></dir> </dir> <p>110.</p><dir> <dir> <p>(1) Subject to the provisions of this Constitution, Parliament may, by standing orders, regulate its own procedure.</p> <p>(2) Parliament may act notwithstanding a vacancy in its membership, including a vacancy not filled when Parliament first meets after a dissolution of Parliament; and the presence or the participation of a person not entitled to be present or to participate in the proceedings of Parliament shall not invalidate these proceedings.</p></dir> </dir> <p>111.</p><dir> <dir> <p>The Vice-President, or a Minister or Deputy Minister who is not a member of Parliament, shall be entitled to participate in the proceedings of Parliament and shall be accorded all the privileges of a member of Parliament except that he is not entitled to vote or to hold an office in Parliament.</p> <p align="center"><i>Summoning, Dissolution, etc</i>.</p></dir> </dir> <p>112.</p><dir> <dir> <p>(1) A session of Parliament shall be held at such place within Ghana and shall commence at such time as the Speaker may, by constitutional instrument, appoint.</p> <p>(2) A session of Parliament shall be held at least once a year, so that the period between the last sitting of Parliament in one session and the first sitting of Parliament in the next session does not amount to twelve months.</p> <p>(3) Notwithstanding any other provision of this article fifteen percent of members of Parliament may request a meeting of Parliament; and the Speaker shall, within seven days after the receipt of the request, summon Parliament.</p> <p>(4) Subject to clause (2) of article 113 of this Constitution, a general election of members of Parliament shall be held within thirty days before the expiration of the period specified in clause (1) of that article; and a session of Parliament shall be appointed to commence within fourteen days after the expiration of that period.</p> <p>(5) Whenever a vacancy occurs in Parliament, the Clerk to Parliament shall notify the Electoral commission in writing within seven days after the vacancy occurred, and a by-election shall be held within thirty days after the vacancy occurred.</p> <p>(6) Notwithstanding clause (5) of this article, a by-election shall not be held within three months before the holding of a general election.</p></dir> </dir> <p>113.</p><dir> <dir> <p>(1) Subject to clause (2) of this article, parliament shall continue for four years from the date of its first sitting and shall then stand dissolved.</p> <p>(2) At any time when Ghana is actually engaged in war, Parliament may, from time to time by resolution supported by the votes of not less than two-thirds of all the members of Parliament, extend the period of four years specified in clause (1) of this article for not more than twelve months at a time, except that the life of Parliament shall not be extended under this clause for more than four years.</p> <p>(3) Where, after a dissolution of Parliament but before the holding of a general election, the President is satisfied that owing to the existence of a state of war or of a state of public emergency in Ghana or any part of Ghana, it is necessary to recall Parliament, the President shall cause to be summoned the Parliament that has been dissolved to meet.</p> <p>(4) Unless the life of Parliament is extended under the provisions of clause (2) of this article, the general election of members of Parliament shall proceed and the Parliament that has been recalled shall, if not sooner dissolved, again stand dissolved on the date appointed for the general election.</p></dir> </dir> <p>114.</p><dir> <dir> <p>(1) A person who has served as a member of Parliament for a period of not less than four years shall be eligible, on ceasing to be a member or on his death, for the payment of such gratuity to him or his personal representatives, as the case may be, as shall be determined by the President, acting in consultation with the Committee referred to in article 71 of this Constitution.</p> <p>(2) For the purpose of clause (1) of this article, the period of four years specified in that clause shall be interpreted to mean four continuous years, and accordingly, any period when the member is out of office as a member, otherwise than by dissolution of Parliament, shall not be taken into account.</p> <i> </i><p align="center"><i>Privileges and Immunities</i></p></dir> </dir> <p>115.</p><dir> <dir> <p>There shall be freedom of speech, debate and proceedings in Parliament and that freedom shall not be impeached or questioned in any court or place out of Parliament.</p></dir> </dir> <p>116.</p><dir> <dir> <p>(1) Subject to the provisions of this article, but without prejudice to the general effect of article 115 of this Constitution, civil or criminal proceedings shall not be instituted against a member of Parliament in any court or place out of Parliament for any matter or thing brought by him in or before Parliament by petition, bill, motion or otherwise.</p> <p>(2) Whenever in the opinion of the person presiding in Parliament a statement made by a member is prima facie defamatory of any person, the person presiding shall refer the matter for inquiry to the Parliamentary committee on privileges which shall report its findings to Parliament not later than thirty days after the matter was referred to it.</p> <p>(3) Where the committee referred to in clause (2) of this article reports to parliament that the statement made by the member is defamatory of any person, the member who made the statement shall, within seven days after that report, render an apology at the bar of Parliament committee on privileges and communicated to the person who has been defamed.</p> <p>(4) Where a member refuses to render an apology in accordance with clause (3) of this article, the Speaker shall suspend that member for the duration of the session of parliament in which the defamatory statement was made and a member so suspended shall lose his parliamentary privileges, immunities and remuneration, but they shall be restored to him if, at any time before the end of the session, he renders the apology as required by clause (3) of this article.</p> <p>(5) A person who has made a contemporaneous report of the proceedings in Parliament, including a statement which has been the subject of an inquiry under clause (2) of this article, shall publish the apology referred to in clause (3) of this article or the suspension or the apology referred to in clause (4) of this article with the same prominence as he published the first report.</p> <p>(6) If a person fails to publish the apology as required by clause (5) of this article, he shall not be protected by privilege.</p></dir> </dir> <p>117.</p><dir> <dir> <p>Civil or criminal process coming from any court or place out of Parliament shall not be served on, or executed in relation to, the Speaker or a member or the clerk to Parliament while he is on his way to, attending at or returning from, any proceedings of Parliament.</p></dir> </dir> <p>118.</p><dir> <dir> <p>(1) Neither the Speaker, nor a member of, nor the Clerk to, Parliament shall be compelled, while attending Parliament to appear as a witness in any court or place out of Parliament.</p> <p>(2) The certificate of the Speaker that a member or the Clerk is attending the proceedings of Parliament is conclusive evidence of attendance at Parliament.</p></dir> </dir> <p>119.</p><dir> <dir> <p>Neither the Speaker, nor a member of, nor the Clerk to, Parliament shall be required to serve on a jury in any court or place out of Parliament.</p></dir> </dir> <p>120.</p><dir> <dir> <p>Subject to the provisions of this Constitution, a person shall not be under any civil or criminal liability in respect of the publication of -</p><dir> <p>(a) the text or a summary of any report, papers, minutes, votes and proceedings of Parliament; or</p> <p>(b) a contemporaneous report of the proceedings of Parliament;</p></dir> <p>unless it is shown that the publication was effected maliciously or otherwise without good faith.</p></dir> </dir> <p>121.</p><dir> <dir> <p>(1) A person summoned to attend to give evidence or to produce a paper, book, record or other document before Parliament, shall be entitled, in respect of his evidence, or the production of the document, as the case may be, to the same privileges as if he were appearing before a court.</p> <p>(2) A public officer shall not be required to produce before Parliament a document where -</p><dir> <p>(a) the Speaker certifies -</p><dir> <dir> <p>(i) that the document belongs to a class of documents, the production of which is injurious to the public interest; or</p> <p>(ii) that disclosure of the contents of the document will be injurious to the public interest; or</p></dir> </dir> <p>(b) the National Security Council certifies -</p><dir> <dir> <p>(i) that the document belongs to a class of documents, the production of which is prejudicial to the security of the State; or</p> <p>(ii) that disclosure of the contents of the document will be prejudicial to the security of the State.</p></dir> </dir> </dir> <p>(3) Where there is a doubt as to the nature of a document such as is referred to in clause (2) of this article, the Speaker or the National Security Council, as the case may be, shall refer the matter to the Supreme Court for determination whether the production, or the disclosure of the contents, of the document would be injurious to the public interest or, as the case may be, prejudicial to the security of the State.</p> <p>(4) An answer by a person to a question put by Parliament shall not be admissible in evidence against him in any civil or criminal proceedings out of Parliament, except proceedings for perjury brought under the criminal law.</p> <i> </i><p align="center"><i>Contempt of Parliament</i></p></dir> </dir> <p>122.</p><dir> <dir> <p>An act or omission which obstructs or impedes Parliament in the performance of its functions or which obstructs or impedes a member or officer of Parliament in the discharge of his duties, or affronts the dignity of Parliament or which tends either directly or indirectly to produce that result, is contempt of Parliament.</p></dir> </dir> <p>123.</p><dir> <dir> <p>Where an act or omission which constitutes contempt of Parliament is an offence under he criminal law, the exercise by Parliament of the power to punish for contempt shall not be a bar to the institution of proceedings under the criminal law.</p> <p align="center"><i>The Parliamentary Service</i></p></dir> </dir> <p>124.</p><dir> <dir> <p>(1) There shall be a Parliamentary Service which shall form part of the public services of Ghana.</p> <p>(2) There shall be a Parliamentary Service Board which shall consist of -</p><dir> <dir> <p>(a) the Speaker, as chairman;</p> <p>(b) four other members all of whom shall be appointed by the Speaker, acting in accordance with the advice of a committee of Parliament; and</p> <p>(c) the Clerk to Parliament.</p></dir> </dir> <p>(3) There shall be a Clerk to Parliament who shall be the head of the Parliamentary Service.</p> <p>(4) The appointment of the Clerk and the other members of his staff in the Parliamentary Service shall be made by the parliamentary Service Board in consultation with the Public Services Commission.</p> <p>(5) The Parliamentary Service Board shall, with the prior approval of Parliament, make regulations, by constitutional instrument, prescribing the terms and conditions of service of the officers and other employees in the Parliamentary Service and generally for the effective and efficient administration of the Parliamentary Service.</p></dir> </dir> </td>\r\n', '<p align="center"><b><font size="2">CHAPTER TEN</font></b></p> <p align="center"><b><font size="2">THE LEGISLATURE</font></b></p>');
INSERT INTO `constitution` (`id`, `chapter`, `content`, `title`) VALUES
(3, '11', ' <p align="center"><b><font size="2">&nbsp;</font></b>General</p> <b><font size="2"> </font> </b><i> </i><p>125.</p><dir> <dir> <p>(1) Justice emanates from the people and shall be administered in the name of the Republic by the Judiciary which shall be independent and subject only to this Constitution.</p> <p>(2) Citizens may exercise popular participation in the administration of justice through the institutions of public and customary tribunals and the jury and assessor systems.</p> <p>(3) The judicial power of Ghana shall be vested in the Judiciary, accordingly, neither the President nor Parliament nor any organ or agency of the President or Parliament shall have or be given final judicial power.</p> <p>(4) The Chief Justice shall, subject to this Constitution, be the Head of the Judiciary and shall be responsible for the administration and supervision of the Judiciary.</p> <p>(5) The Judiciary shall have jurisdiction in all matters civil and criminal, including matters relating to this Constitution, and such other jurisdiction as Parliament may, by law, confer on it.</p></dir> </dir> <p>126.</p><dir> <dir> <p>(1) The Judiciary shall consist of -</p><dir> <p>(a) the Superior Courts of Judicature comprising -</p><dir> <dir> <p>(i) the Supreme Court;</p> <p>(ii) the Court of Appeal; and</p> <p>(iii) the High Court and Regional Tribunals.</p></dir> </dir> <p>(b) such lower courts or tribunals as Parliament may by law establish.</p></dir> <p>(2) The Superior Courts shall be superior courts of record and shall have the power to commit for contempt to themselves and all such powers as were vested in a court of record immediately before the coming into force of this constitution.</p> <p>(3) Except as otherwise provided in this Constitution or as may otherwise be ordered by a court in the interest of public morality, public safety or public order, the proceedings of every court shall be held in public.</p> <p>(4) In the exercise of the judicial power conferred on the Judiciary by this Constitution or any other law, the Superior Courts may, in relation to any matter within their jurisdiction, issue such orders and directions as may be necessary to ensure the enforcement of any judgement, decree or order of those courts.</p></dir> </dir> <p>127.</p><dir> <dir> <p>(1) In the exercise of the judicial power of Ghana, the Judiciary, in both its judicial and administrative functions, including financial administration, is subject only to this Constitution and shall not be subject to the control or direction of any person or authority.</p> <p>(2) Neither the President nor Parliament nor any person acting under the authority of the President or Parliament nor any other person whatsoever shall interfered with Judges or judicial officers or other persons exercising judicial power, in the exercise of their judicial functions; and all organs and agencies of the State shall accord to the courts such assistance as the courts may reasonably require to protect the independence, dignity and effectiveness of the courts, subject to this Constitution.</p> <p>(3) A Justice of a Superior Court, or any person exercising judicial power, shall not be liable to any action or suit for any act or omission by him in the exercise of the judicial power.</p> <p>(4) The administrative expenses of the judiciary, including all salaries, allowances, gratities and pensions payable to our in respect of, persons serving in the judiciary, shall be charged on the Consolidated Fund.</p> <p>(5) The salary, allowances, privileges and rights in respect of leave of absence, gratuity, pension and other conditions of service of a Justice of the superior court or any judicial officer or other person exercising judicial power, shall not be varied to his disadvantage.</p> <p>(6) Funds voted by parliament, or charged on the Consolidated Fund by this Constitution for the Judiciary, shall be released to the Judiciary, in quarterly instalments.</p> <p>(7) For the purposes of clause (1) of this article, "financial administration" includes the operation of banking facilities by the Judiciary without the interference of any person or authority, other than for the purposes of audit by the Auditor-General, of the funds voted by Parliament or charged on the Consolidated Fund by this Constitution or any other law, for the purposes of defraying the expenses of the Judiciary inrespect of which the funds were voted or charged.</p> </dir> </dir> <i><p align="center">The Supreme Court</p> </i><p>128.</p><dir> <dir> <p>(1) The Supreme court shall consist of the Chief Justice and not less than nine other Justices of the Supreme Court.</p> <p>(2) The Supreme Court shall be duly constituted for its work by not less than five Supreme Court Justices except as otherwise provided in article 133 of this Constitution.</p> <p>(3) The Chief Justice shall preside at sittings of the Supreme Court and in his absence, the most senior of the Justices of the Supreme Court, as constituted, shall preside.</p> <p>(4) A person shall not be qualified for appointment as a Justice of the Supreme Court unless he is of high moral character and proven integrity and is of not less than fifteen years'' standing as a lawyer.</p></dir> </dir> <p>129.</p><dir> <dir> <p>(1) The Supreme Court shall be the final court of appeal and shall have such appellate and other jurisdiction as may be conferred on it by this Constitution or by any other law.</p> <p>(2) The Supreme Court shall not be bound to follow the decisions of any other court.</p> <p>(3) The Supreme Court may, while treating its own previous decisions as normally binding, depart from a previous decision when it appears to it right to do so; and all other courts shall be bound to follow the decisions of the Supreme Court on questions of law.</p> <p>(4) For the purposes of hearing and determining a matter within its jurisdiction and the amendment, execution or the enforcement of a judgement or order made on any matter, and for the purposes of any other authority, expressly or by necessary implication given to the Supreme Court by this Constitution or any other law, the Supreme Court shall have all the powers, authority and Jurisdiction vested in any court established by this Constitution or any other law.</p></dir> </dir> <p>130.</p><dir> <dir> <p>(1) Subject to the jurisdiction of the High Court in the enforcement of the Fundamental Human Rights and Freedoms as provided in article 33 of this Constitution, the Supreme Court shall have exclusive original jurisdiction in -</p><dir> <p>(a) all matters relating to the enforcement or interpretation of this Constitution; and</p> <p>(b) all matters arising as to whether an enactment was made in excess of the powers conferred on Parliament or any other authority or person by law or under this Constitution.</p></dir> <p>(2) Where an issue that relates to a matter or question referred to in clause (1) of this article arises in any proceedings in a court other than the Supreme Court, that court shall stay the proceedings and refer the question of law involved to the Supreme Court for determination; and the court in which the question arose shall dispose of the case in accordance with the decision of the Supreme Court.</p></dir> </dir> <p>131.</p><dir> <dir> <p>(1) An appeal shall lie from a judgement of the Court of Appeal to the Supreme Court- </p><dir> <p>(a) as of right in a civil or criminal cause or matter in respect of which an appeal has been brought to the Court of Appeal from a judgment of the High Court or a Regional Tribunal in the exercise of its original jurisdiction; or </p> <p>(b) with the leave of the Court of Appeal, in any other cause or matter, where the case was commenced in a court lower than the High Court or a Regional Tribunal and where the Court of Appeal is satisfied that the case involves a substantial question of law or is in the public interest.</p></dir> <p>(2) Notwithstanding clause (1) of this article, the Supreme Court may entertain application for special leave to appeal to the Supreme Court in any cause or matter, civil or criminal, and may grant leave accordingly.</p> <p>(3) The Supreme Court shall have appellate jurisdiction, to the exclusion of the Court of Appeal, to determine matters relating to the conviction or otherwise of a person for high treason or treason by the High Court.</p> <p>(4) An appeal from a decision of the Judicial Committee of the National House of Chiefs shall lie to the Supreme Court with the leave of that Judicial Committee or the Supreme Court.</p></dir> </dir> <p>132.</p><dir> <dir> <p>The Supreme Court shall have supervisory jurisdiction over all courts and over any adjudicating authority and may, in the exercise of that supervisory jurisdiction, issue orders and directions for the purpose of enforcing or securing the enforcement of its supervisory power.</p></dir> </dir> <p>133.</p><dir> <dir> <p>(1) The Supreme Court may review any decision made or given by it on such grounds and subject to such conditions as may be prescribed by rules of court.</p> <p>(2) The Supreme Court, when reviewing its decisions under this article, shall be constituted by not less than seven Justices of the Supreme Court.</p></dir> </dir> <p>134.</p><dir> <dir> <p>A single Justice of the Supreme Court may exercise power vested in the Supreme Court not involving the decision of the cause or matter before the Supreme Court, except that -</p><dir> <p>(a) in criminal matters, where that Justice refuses or grants an application in the exercise of any such power, a person affected by it is entitled to have the application determined by the Supreme Court constituted by three Justices of the Supreme Court and</p> <p>(b) in civil matters, any order, direction or decision made or given under this article may be varied, discharged or reversed by the Supreme Court constituted by three Justices of the Supreme Court.</p></dir> </dir> </dir> <p>135.</p><dir> <dir> <p>(1) The Supreme Court shall have exclusive jurisdiction to determine whether an official document shall not be produced in court because its production or the disclosure of its contents will be prejudicial to the security of the State or will be injurious to the public interest.</p> <p>(2) Where any issue referred to in clause (1) of this article arises as to the production or otherwise of an official document in any proceedings before any court, other than the Supreme Court, the proceedings in that other court shall be suspended while the Supreme Court examines the document and determines whether the document should be produced or not; and the Supreme Court shall make the appropriate order.</p> <p>(3) The proceedings of the Supreme Court as to whether an official document may be produced shall be held in camera.</p></dir> </dir> <p>136.</p><dir> <dir> <p>(1) The Court of Appeal shall consist of -</p><dir> <p>(a) the Chief Justice;</p> <p>(b) subject to clauses (2) and (3) of this article, not less than ten Justices of the Court of Appeal; and</p> <p>(c) such other Justices of the Superior Court of Judicature as the Chief Justice may, for the determination of a particular cause or matter by writing signed by him, request to sit in the Court of Appeal for any specified period.</p></dir> <p>(2) The Court of Appeal shall be duly constituted by any three of the Justices referred to in clause (1) of this article and when so constituted, the most senior of the justices shall precide.</p> <p>(3) A person shall not be qualified for appointment as a Justice of the Court of Appeal unless he is of high moral character and proven integrity and is of not less than twelve years'' standing as a lawyer.</p> <p>(4) The Chief Justice may create such divisions of the Court of Appeal as he considers necessary to sit in such places as he may determine.</p> <p>(5) Subject to clause (3) of article 129 of this Constitution, the Court of Appeal shall be bound by its own previous decisions; and all courts lower than the Court of Appeal shall follow the decisions of the Court of Appeal on questions of law.</p></dir> </dir> <p>137.</p><dir> <dir> <p>(1) The Court of Appeal shall have jurisdiction throughout Ghana to hear and determine, subject to the provisions of this Constitution, appeals from a judgement, decree or order of the High Court and Regional Tribunals and such other appellate jurisdiction as may be conferred on it by this Constitution or any other law.</p> <p>(2) Except as otherwise provided in this Constitution, an appeal shall lie as of right from a judgement, decree or order of the High Court and a Regional Tribunal to the Court of Appeal.</p> <p>(3) For the purposes of hearing and determining an appeal within its jurisdiction and the amendment, execution or the enforcement of a judgment or order made on any appeal, and, for the purposes of any other authority expressly or by necessary implication given to the Court of Appeal by this Constitution or any other law, the Court of Appeal shall have all the powers, authority and jurisdiction vested in the court from which the appeal is brought.</p></dir> </dir> <p>138.</p><dir> <dir> <p>A single Justice of the Court of Appeal may exercise a power vested in the Court of Appeal not involving the decision of a cause or matter before the Court of Appeal, except that -</p><dir> <p>(a) in criminal matters, where that Justice refuses or grants an application in the exercise of any such power conferred by this article, may be varied, discharged or reversed by the Court of Appeal as duly constituted.</p> </dir> <p align="center"><i>The High Court</i></p></dir> </dir> <p>139.</p><dir> <dir> <p>(1) The High Court shall consist of -</p><dir> <p>(a) the Chief Justice</p> <p>(b) not less than twenty Justices of the High Court; and</p> <p>(c) such other Justice of the Superior Court of Judicature as the Chief Justice may, by writing signed by him, request to sit as High Court Justice for any period.</p></dir> <p>(2) The High Court shall be constituted -</p><dir> <p>(a) by a single Justice of the Court; or</p> <p>(b) by a single Justice of the Court and jury; or</p> <p>(c) by a single Justice of the Court with assessors; or</p> <p>(d) by three Justices of the Court for the trial of the offence of high treason or treason as required by article 19 of this Constitution.</p></dir> <p>(3) There shall be in the High Court such divisions consisting of such number of Justice respectively as the Chief Justice may determine.</p> <p>(4) A person shall not be qualified for appointment as a Justice of the High Court unless he is a person of high moral character and proven integrity and is of at least ten years'' standing as a lawyer.</p></dir> </dir> <p>140.</p><dir> <dir> <p>(1) The High Court shall, subject to the provisions of this Constitution, have jurisdiction in all matters and in particular, in civil and criminal matters and such original, appellate and other jurisdiction as may be conferred on it by this Constitution or any other law.</p> <p>(2) The High Court shall have jurisdiction to enforce the Fundamental Human Rights and Freedoms guaranteed by this Constitution.</p> <p>(3) The High Court shall have no power, in a trial for the offence of high treason or treason, to convict any person for an offence other than treason or treason.</p> <p>(4) A Justice of the High Court may, in accordance with rules of court, exercise in court or in chambers, all or any of the jurisdiction vested in the High Court by this Constitution or any other law.</p> <p>(5) For the purposes of hearing and determining an appeal within its jurisdiction and the amendment, execution or the enforcement of a judgment or order made on any appeal, and for the purposes of any other authority, expressly or by necessary implication given to the High Court by this Constitution or any other law, the High Court shall have all the powers, authority and jurisdiction vested in the Court from which the appeal is brought.</p></dir> </dir> <p>141.</p><dir> <dir> <p>The High Court shall have supervisory jurisdiction over all lower courts and any lower adjudicating authority; and may, in the exercise of that jurisdiction, issue orders and directions for the purpose of enforcing or securing the enforcement of its supervisory powers</p> <p align="center"><i>Regional Tribunals</i></p></dir> </dir> <p>142.</p><dir> <dir> <p>(1) There shall be established in each region of Ghana such Regional Tribunals as the chief Justice may determine.</p> <p>(2) A Regional Tribunal shall consist of -</p><dir> <p>(a) the Chief Justice;</p> <p>(b) one Chairman; and </p> <p>(c) such members who may or may not be lawyers as shall designated by the Chief Justice to sit as panel members of a Regional Tribunal and for such period as shall be specified in writing by the Chief Justice.</p></dir> <p>(3) A Region Tribunal shall be duly constituted by a panel consisting of the Chairman and not less than two other panel members.</p> <p>(4) A person shall not be appointed to be a Chairman of a Regional Tribunal unless he is qualified to be appointed a Justice of the High Court.</p> <p>(5) A panel member of a Regional Tribunal shall be a person of high moral character and proven integrity.</p></dir> </dir> <p>143.</p><dir> <dir> <p>(1) A Regional Tribunal shall have jurisdiction to try such offences against the State and the public interest as Parliament may, by law, prescribe.</p> <p>(2) A Regional Tribunal shall have such appellate jurisdiction relating to the matters described in clause (1) of this article, as may be prescribed by law.</p> <p>(3) For the purpose of hearing and determining an appeal within its jurisdiction and the amendment, execution or enforcement of a judgment or order on any appeal, and for the purposes of any other authority expressly or by necessary implication given to it by this Constitution or any other law, a Regional Tribunal shall have all the powers, authority and jurisdiction vested in the tribunal from which the appeal is brought.</p> <p>Appointment, retirement and removal of Justices of Superior Courts and chairmen and other members of Regional Tribunals.</p></dir> </dir> <p>144.</p><dir> <dir> <p>(1) The Chief Justice shall be appointed by the President acting in consultation with the Council of State and with the approval of Parliament.</p> <p>(2) The other Supreme Court Justices shall be appointed by the President acting on the advice of the Judicial Council, in consultation with the Council of State and with the approval of Parliament.</p> <p>(3) Justices of the Court of Appeal and of the High Court and Chairmen of Regional Tribunals shall be appointed by the President acting on the advice of the judicial Council.</p> <p>(4) Panel members of Regional Tribunals other than the Chairmen shall be appointed by the Chief Justice in consultation with the Regional Co-ordinating Council for the region and on the advice of the Judicial Council.</p> <p>(5) Justices of the Superior Courts and Chairmen of Regional Tribunals shall be appointed by warrant under the hand of the President and sealed by the Presidential seal.</p> <p>(6) Where the office of Chief Justice is vacant, or where the Chief Justice is for any reason unable to perform the functions of his office -</p><dir> <p>(a) until a person has been appointed to, and has assumed the functions of, that office; or</p> <p>(b) until the person holding that office has resumed the functions of that office; as the case may be,</p> <p><font color="#ff0000"><b>&nbsp;those functions shall be performed by the most senior of the Justices of the Supreme Court.</b></font></p></dir> <p>(7) The office of a Justice of the Superior Court shall not be abolished while there is a substantive holder in office.</p> <p>(8) A Chairman of a Regional Tribunal shall enjoy the same salary, allowances, and gratuity and pension conditions as a Justice of the High Court.</p> <p>(9) Where the office of a Justice of the High Court or a Chairman of the Regional Tribunal is vacant or for any reason, a Justice of the High Court or a chairman of the Regional Tribunal is unable to perform the functions of his office, or if the Chief Justice advises the President that the state of business in the High Court or Regional Tribunal so requires, the President may, acting in accordance with the advice of the Judicial Council, appoint a person who has held office as, or a person qualified for appointment as, a Justice of the High Court or a Chairman of the Regional Tribunal to act as a Justice of the High Court or a chairman of the Regional Tribunal.</p> <p>(10) A person appointed under clause (9) of this article to act as a Justice of the High Court or a Chairman of the Regional Tribunal shall continue to act for the period of his appointment or, where no period is specified, until his appointment is revoked by the President, acting in accordance with the advice of the Judicial Council.</p> <p>(11) Notwithstanding the expiration of the period of his appointment or the revocation of his appointment under clause (9) of this article, a person appointed under clause (9) of this article may thereafter continue to act for a period not exceeding six months, to enable him to deliver judgment or do any other thing in relation to proceedings that were commenced before him previous to the expiration or revocation.</p></dir> </dir> <p>145.</p><dir> <dir> <p>(1) A Justice of a Superior Court or a Chairman of a Regional Tribunal may retire at anytime after attaining the age of sixty years.</p> <p>(2) A Justice of a superior court or a Chairman of a Regional Tribunal shall vacate his office -</p><dir> <p>(a) in the case of a Justice of the Supreme Court or the Court of Appeal, on attaining the age of seventy years; or</p> <p>(b) in the case of a Justice of the High Court or a Chairman of a Regional Tribunal, on attaining the age of sixty-five years; or</p> <p>(c) upon his removal from office in accordance with article 146 of this Constitution.</p></dir> <p>(3) A Justice of the Superior court of Judicature or a Chairman of a Regional Tribunal may resign his office by writing signed by him and addressed to the President.</p> <p>(4) Notwithstanding that he has attained the age at which he is required by this article to vacate his office, a person holding office as a Justice of a Superior Court or Chairman of a Regional Tribunal may continue in office for a period not exceeding six months after attaining that age, as may be necessary to enable him to deliver judgment or do any other thing in relation to proceedings that were commenced before him previous to his attaining that age.</p></dir> </dir> <p>146.</p><dir> <dir> <p>(1) A Justice of the Superior Court or a Chairman of the Regional Tribunal shall not be removed from office except for stated misbehaviour or incompetence or on ground of inability to perform the functions of his office arising from infirmity of body or mind.</p> <p>(2) A Justice of the Superior Court of Judicature or a Chairman of the Regional Tribunal may only be removed in accordance with the procedure specified in this article.</p> <p>(3) If the President receives a petition for the removal of Justice of a Superior Court other than the Chief Justice or for the removal of the Chairman of a Regional Tribunal, he shall refer the petition to the Chief Justice, who shall determine whether there is a prima facie case.</p> <p>(4) Where the Chief Justice decides that there is a prima facie case, he shall set up a committee consisting of three Justices of the Superior Courts or Chairmen of the Regional Tribunals or both, appointed by the Judicial council and two other persons who are not members of the Council of State, nor members of Parliament, nor lawyers, and who shall be appointed by the Chief Justice on the advice of the Council of State.</p> <p>(5) The committee appointed under clause (4) of this article shall investigate the complaint and shall make its recommendations to the Chief Justice who shall forward it to the President.</p> <p>(6) Where the petition is for the removal of the Chief Justice, the President shall, acting in consultation with the Council of State, appoint a committee consisting of two Justices of the Supreme Court, one of whom shall be appointed chairman by the President, and three other persons who are not members of the Council of State, nor members of Parliament, nor lawyers.</p> <p>(7) The committee appointed under clause (6) of this article shall inquire into the petition and recommend to the President whether the Chief Justice ought to be removed from office.</p> <p>(8) All proceedings under this article shall be held in camera, and the Justice or Chairman against whom the petition is made is entitled to be heard in his defence by himself or by a lawyer or other expert of his choice.</p> <p>(9) The President shall, in each case, act in accordance with the recommendations of the committee.</p> <p>(10) Where a petition has been referred to a committee under this article, the President may -</p><dir> <p>(a) in the case of the Chief Justice, acting in accordance with the advice of the Council of State, by warrant signed by him, suspend the Chief Justice;</p> <p>(b) in the case of any other Justice of a Superior court or of a Chairman of a Regional Tribunal, acting in accordance with the advice of the Judicial Council, suspend that Justice or that Chairman of a Regional Tribunal.</p></dir> <p>(11) The President may, at any time, revoke a suspension under this article.</p></dir> </dir> <p>147.</p><dir> <dir> <p>(1) A panel member of a Regional Tribunal, other than the Chairman, shall have such allowances and benefits as may be determined by the President acting on the advice of the Judicial Council.</p> <p>(2) A panel member of a Regional Tribunal other than the Chairman may be removed by the Chief Justice acting on the advice of the Judicial Council and of the Regional Co-ordinating Council on grounds of stated misbehaviour or incompetence or on ground of inability to perform his functions arising from infirmity of body or mind.</p> <p>(3) For the purposes of clause (2) of this article the panel member concerned is entitled to be heard in his defence by himself or by a lawyer or other expert of his choice.</p> <p align="center"><i>Appointment, retirement and removal of Judicial Officers</i></p></dir> </dir> <p>148.</p><dir> <dir> <p>Subject to the provisions of this article, the power to appoint persons to hold or to act in a judicial office shall be vested, subject to the approval of the President in the Chief Justice acting on the advice of the Judicial Council.</p></dir> </dir> <p>149.</p><dir> <dir> <p>Judicial officers shall received such salaries, allowances, facilities and privileges and other benefits as the President may, acting on the advice of the Judicial Council determine.</p></dir> </dir> <p>150.</p><dir> <dir> <p>(1) A judicial officer -</p><dir> <dir> <p>(a) may retire from his office at any time after attaining the age of forty-five years; and</p> <p>(b) shall vacate his office on attaining the age of sixty years.</p></dir> </dir> <p>(2) A judicial officer may resign his office by writing addressed to the Chief Justice.</p></dir> </dir> <p>151.</p><dir> <dir> <p>(1) A person holding a judicial office may be removed from office by the Chief Justice on grounds only of stated misbehaviour, incompetence or inability to perform his functions arising from infirmity of body or mind and upon a resolution supported by the votes of not less than two-thirds of all the members of the Judicial Council.</p> <p>(2) For the purpose of clause (1) of this article, the judicial officer shall be entitled to be heard in his defence by himself or by a lawyer or other expert of his choice.</p></dir> </dir> <p>152.</p><dir> <dir> <p>(1) A panel member of a lower court or tribunal other than the person presiding -</p><dir> <p>(a) shall be appointed by the Chief Justice acting on the advice of the Judicial Council and in consultation with the relevant District Assembly from among persons of high moral character and proven integrity;</p> <p>(b) shall be paid such allowances and benefits as the Judicial Council may determine; and</p> <p>(c) may be removed by the Chief Justice on the advice of the Judicial Council on ground of stated misbehaviour, incompetence or inability to perform his functions arising from infirmity of body or mind.</p></dir> <p>(2) For the purpose of paragraph (c) of this article the panel member concerned is entitled to be heard in his defence by himself or by a lawyer or other expert of his choice.</p> <p align="center"><i>The Judicial Council</i></p></dir> </dir> <p>153.</p><dir> <dir> <p>There shall be a Judicial Council which shall comprise the following persons -</p><dir> <p>(a) the Chief Justice who shall be Chairman;</p> <p>(b) the Attorney-General;</p> <p>(c) a Justice of the Supreme Court nominated by the Justices of the Supreme court;</p> <p>(d) a Justice of the Court of Appeal nominated by the Justices of the Court of Appeal;</p> <p>(e) a Justice of the High court nominated by the Justices of the High Court;</p> <p>(f) two representatives of the Ghana Bar Association one of whom shall be a person of not less than twelve years'' standing as a lawyer.</p> <p>(g) a representative of the Chairmen of Regional Tribunals nominated by the Chairmen;</p> <p>(h) a representative of the lower courts or tribunals;</p> <p>(i) the Judge Advocate-General of the Ghana Armed Forces;</p> <p>(j) the Head of the Legal Directorate of the Police Service;</p> <p>(k) the Editor of the Ghana Law Reports;</p> <p>(l) a representative of the Judicial Service Staff Association nominated by the Association;</p> <p>(m) a chief nominated by the National House of Chiefs; and</p> <p>(n) four other persons who are not lawyers appointed by the President</p></dir> </dir> </dir> <p>154.</p><dir> <dir> <p>(1) The functions of the Judicial Council are -</p><dir> <p>(a) to propose for the consideration of Government, judicial reforms to improve the level of administration of justice and efficiency in the Judiciary;</p> <p>(b) to be a forum for consideration and discussion of matters relating to the discharge of the functions of the Judiciary and thereby assist the Chief Justice in the performance of his duties with a view to ensuring efficiency and effective realization of justice; and</p> <p>(c) to perform any other functions conferred on it by or under this Constitution or any other law not inconsistent with this Constitution.</p></dir> <p>(2) The Judicial Council may establish such committees as it considers necessary to which it shall refer matters relating to the Judiciary.</p> <p align="center"><i>Miscellaneous</i></p></dir> </dir> <p>155.</p><dir> <dir> <p>(1) Notwithstanding the provisions of this Chapter, a Justice of the Superior Court of Judicature who has attained the age of sixty years or above, shall, on retiring, in addition to any gratuity payable to him, be paid a pension equal to the salary payable for the time being to a Justice of the Superior Court from which he retired where -</p><dir> <p>(a) he has served for ten continuous years or more as a Justice of the Superior Court of Judicature; or</p> <p>(b) he has served for twenty years or more in the public service at least five continuous years of which were as a Justice of the Superior Court of Judicature; and upon retirement under this clause, he shall not hold any private office of profit or emolument whether directly or indirectly.</p></dir> <p>(2) For the avoidance of doubt, the pension paid to a person under clause (1) of this article shall be subject to the same changes and increases as the salary of a serving Justice of the Superior Court of Judicature.</p> <p>(3) A Justice of the Superior Court of Judicature may, in lieu of retiring under clause (1) of this article, retire if he has attained the age prescribed as retiring age for public officers generally, and shall be paid retiring awards based on his total public service, including service as a Justice of the Superior Court of Judicature, but otherwise at the same rate as is, for the time being applicable to the public service generally.</p></dir> </dir> <p>156.</p><dir> <dir> <p>(1) A Justice of a Superior Court, the Chairman of a Regional Tribunal, and also a person presiding over a lower court or tribunal, and any other judicial officer or person whose functions involve the exercise by him of judicial power shall, before assuming the exercise of the duties of his office, take and subscribe the oath of allegiance and the Judicial Oath set out in the Second Scheduled to this Constitution.</p> <p>(2) The President may, on the advice of the Chief Justice, direct that any other person connected with the exercise of judicial power, shall take and subscribe the Judicial Oath.</p> <p>(3) The oath of allegiance and the judicial oath required by this article shall be taken and subscribed </p><dir> <p>(a) in the case of the Chief Justice or other justice of a Superior Court, and a Chairman of a Regional Tribunal, before the President; and</p> <p>(b) in the case of any other person, before the Chief Justice or before any other Justice of a Superior Court or Chairman of a Regional Tribunal as the Chief Justice may direct.</p></dir> </dir> </dir> <p>157.</p><dir> <dir> <p>(1) There shall be a Rules of Court Committee which shall consist of -</p><dir> <p>(a) the Chief Justice, who shall be Chairman;</p> <p>(b) six members of the Judicial Council other than the chief Justice nominated by the Judicial Council;</p> <p>(c) two lawyers, one of not less than ten and the other of not more than five years'' standing, both of whom shall be nominated by the Ghana Bar Association.</p></dir> <p>(2) The Rules of Court Committee shall, by constitutional instrument, make rules and regulations for regulating the practice and procedure of all courts in Ghana.</p> <p>(3) Without prejudice to clause (2) of this article, no person sitting in a superior Court for the determination of any cause or matter shall, having heard the arguments of the parties to that cause or matter and before judgment is delivered, withdraw as a member of the court or tribunal, or as a member of panel determining that cause or matter, nor shall that person become functus officio in respect of that cause or matter, until judgment is delivered.</p></dir> </dir> <p>158.</p><dir> <dir> <p>(1) The appointment of officers and employees of the Courts other than those expressly provided for by other provisions of this Constitution, shall be made by the Chief Justice or other Justice or other officer of the Court as the Chief Justice may direct in writing.</p> <p>(2) The Judicial Council shall, acting in consultation with the Public Services Commission and with the prior approval of the President, by constitutional instrument, make regulations prescribing the terms and conditions of service of the persons to whom clause (1) of this article applies.</p></dir> </dir> <p>159.</p><dir> <dir> <p>The Chief Justice may, acting in accordance with the advice of the Judicial Council and with the approval of the President, by constitutional instrument, make regulations for the efficient performance of the functions of the Judicial Service and the Judicial Council under this Chapter.</p></dir> </dir> <p>160.</p><dir> <dir> <p>The fees, fines and other moneys paid to the Courts shall form part of the Consolidated Fund.</p></dir> </dir> <p>162.</p><dir> <dir> <p>In this Chapter, unless the context otherwise requires -</p><dir> <p>1. "court" includes a tribunal;</p> <p>2. "judicial office" means -</p><dir> <dir> <p>(a) the office of a person presiding over a lower court or tribunal howsoever described;</p> <p>(b) the office of the Judicial Secretary or Registrar of the Superior Courts;</p> <p>(c) such other offices connected with any court as may be prescribed by constitutional instrument made by the Chief Justice acting in accordance with the advice of the Judicial Council and with the approval of the President; "judicial officer" means the holder of a judicial office; and</p></dir> </dir> <p>3. "supervisory jurisdiction" includes jurisdiction to issue writs or orders in the nature of habeas corpus, certiorari, mandamus, prohibition and quo warranto.</p></dir> </dir> </dir> 		<div id="body-right"></div>\r\n', '<p align="center"><b><font size="2">CHAPTER ELEVEN</font></b></p> <p align="center"><b><font size="2">THE JUDICIARY</font></b></p>'),
(4, '12', ' <p><font size="2"><b>&nbsp;</b></font>162.</p><dir> <dir> <p>(1) Freedom and independence of the media are hereby guaranteed.</p> <p>(2) Subject to this Constitution and any other law not inconsistent with this Constitution, there shall be no censorship in Ghana.</p> <p>(3) There shall be no impediments to the establishment of private press or media; and in particular, there shall be no law requiring any person to obtain a licence as a prerequisite to the establishment or operation of a newspaper, journal or other media for mass communication or information.</p> <p>(4) Editors and publishers of newspapers and other institutions of the mass media shall not be subject to control or interference by Government, not shall they be penalized or harassed for their editorial opinions and views, or the content of their publications.</p> <p>(5) All agencies of the mass media shall, at all times, be free to uphold the principles, provisions and objectives of this Constitution, and shall uphold the responsibility and accountability of the Government to the people of Ghana.</p> <p>(6) Any medium for the dissemination of information to the public which publishes a statement about or against any person shall be obliged to publish a rejoinder, if any, from the person in respect of whom the publication was made.</p></dir> </dir> <p>163.</p><dir> <dir> <p>All state-owned media shall afford fair opportunities and facilities for the presentation of divergent views and dissenting opinions.</p></dir> </dir> <p>164.</p><dir> <dir> <p>The provisions of articles 162 and 163 of this Constitution are subject to laws that are reasonably required in the interest of national security, public order, public morality and for the purpose of protecting the reputations, rights and freedoms of other persons.</p></dir> </dir> <p>165.</p><dir> <dir> <p>For the avoidance of doubt, the provisions of this Chapter shall not be taken to limit the enjoyment of any of the fundamental human rights and freedoms guaranteed under Chapter 5 of this Constitution.</p></dir> </dir> <p>166.</p><dir> <dir> <p>(1) There shall be established by Act of Parliament within six months after Parliament first meets after the coming into force of this Constitution, a National Media Commission which shall consist of fifteen members as follows -</p><dir> <p>(a) one representative each nominated by</p><dir> <dir> <p>(i) the Ghana Bar Association;</p> <p>(ii) the Publishers and Owners of the Private Press;</p> <p>(iii) the Ghana Association of Writers and the Ghana Library Association;</p> <p>(iv) the Christian group (the National Catholic Secretariat, the Christian Council, and the Ghana Pentecostal Council)</p> <p>(v) the Federation of Muslim Councils and Ahmadiyya Mission;</p> <p>(vi) the training institutions of journalists and communicators;</p> <p>(vii) the Ghana Advertising Association and the Institute of Public Relations of Ghana; and</p> <p>(viii) the Ghana National Association of Teachers;</p></dir> </dir> <p>(b) two representatives nominated by the Ghana Journalists Association;</p> <p>(c) two persons appointed by the President; and </p> <p>(d) three persons nominated by Parliament.</p></dir> <p>(2) The Commission shall elect its own Chairman.</p></dir> </dir> <p>167.</p><dir> <dir> <p>The functions of the National Media Commission are-</p><dir> <p>(a) to promote and ensure the freedom and independence of the media for mass communication or information;</p> <p>(b) to take all appropriate measures to ensure the establishment and maintenance of the highest journalistic standards in the mass media, including the investigation, mediation and settlement of complaints made agaisnt or by the press or other mass media;</p> <p>(c) to insulate the state-owned media from governmental control;</p> <p>(d) to make regulations by constitutional instrument for the registration of newspapers and other publications, except that the regulations shall not provide for the exercise of any direction or control over the professional functions of a person engaged in the production of newspapers or other means of mass communication; and </p> <p>(e) to perform such other functions as may be prescribed by law not inconsistent with this Constitution.</p></dir> </dir> </dir> <p>168.</p><dir> <dir> <p>The Commission shall appoint the chairmen and other members of the governing bodies of public corporations managing the state -owned media in consultation with the President.</p></dir> </dir> <p>169.</p><dir> <dir> <p>Editors of the state-owned media shall be appointed by the governing bodies of the respective corporations in consultation with the Public Services Commission.</p></dir> </dir> <p>170.</p><dir> <dir> <p>The Commission shall appoint the officers and other employees of the Commission in consultation with the Public Services Commission.</p></dir> </dir> <p>171.</p><dir> <dir> <p>The administrative expenses of the National Media Commission, including salaries, allowances and pensions payable to or in respect of persons serving with the Commission shall be charged on the Consolidated Fund.</p></dir> </dir> <p>172.</p><dir> <dir> <p>Except as otherwise provided by this Constitution or by any other law not inconsistent with this Constitution, the National Media Commission shall not be subject to the direction or control of any person or authority in the performance of its functions.</p></dir> </dir> <p>173.</p><dir> <dir> <p>Subject to article 167 of this Constitution, the National Media Commission shall not exercise any control or direction over the professional functions of a person engaged in the production of newspapers or other means of communication.</p></dir> </dir> 			<div class="clear"></div>\r\n', '<p align="center"><font size="2"><b>CHAPTER TWELVE</b></font></p> <p align="center"><font size="2"><b>FREEDOM AND INDEPENDENCE OF THE MEDIA</b></p>');

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