INSERT INTO `actsofghana` (`id`, `title`, `content`, `republic`, `isshow`, `actname`) VALUES
(140, 'Biosafety Act, 2011 Act 831 ', '<table>\r\n<tr>\r\n                                            <td vAlign="top" align="left" width="1375" height="64">\r\n                                              <p class="MsoNormal" style="line-height: normal">\r\n												<span style="font-size: 12.0pt; font-family: Arial,sans-serif">\r\n												&nbsp;</span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												&nbsp;Biosafety Act, \r\n												2011&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Act \r\n												831 </span></b></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												ARRANGEMENT OF SECTIONS </span>\r\n												</p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Section</span></i></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Scope, objectives and \r\n												establishment </span></i></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												1.<span style="font-family: Arial,sans-serif">Scope \r\n												of the Act </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												2.<span style="font-family: Arial,sans-serif">Objectives \r\n												of the Act </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												3.<span style="font-family: Arial,sans-serif">Establishment \r\n												of the National Biosafety \r\n												Authority </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												4.<span style="font-family: Arial,sans-serif">Functions \r\n												of the Authority </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												5.<span style="font-family: Arial,sans-serif">The \r\n												governing body </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Administration </span></i></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												6.<span style="font-family: Arial,sans-serif">Conduct \r\n												of business and affairs of the \r\n												Board </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												7.<span style="font-family: Arial,sans-serif">Delegation \r\n												of powers of the Authority\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												8.<span style="font-family: Arial,sans-serif">Chief \r\n												executive officer </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												9.<span style="font-family: Arial,sans-serif">Staff \r\n												of the Authority </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												10.<span style="font-family: Arial,sans-serif">Protection \r\n												from personal liability </span>\r\n												</p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Handling of requests for \r\n												approvals </span></i></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												11.<span style="font-family: Arial,sans-serif">Application \r\n												for contained or confined use\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												12.<span style="font-family: Arial,sans-serif">Application \r\n												for introduction into the \r\n												environment </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												13.<span style="font-family: Arial,sans-serif">Application \r\n												to import or place on the market\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												14.<span style="font-family: Arial,sans-serif">Application \r\n												to export </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												15.<span style="font-family: Arial,sans-serif">Genetically \r\n												modified organisms in transit\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												16.<span style="font-family: Arial,sans-serif">Confidential \r\n												information </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												17.<span style="font-family: Arial,sans-serif">Acknowledgement \r\n												of application </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												18.<i><span style="font-family: Arial,sans-serif">Gazette\r\n												</span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												publication </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												19.<span style="font-family: Arial,sans-serif">Risk \r\n												assessment and risk management\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												20.<span style="font-family: Arial,sans-serif">Exemption\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												21.<span style="font-family: Arial,sans-serif">Determination \r\n												of application </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												22.<span style="font-family: Arial,sans-serif">Communication \r\n												of decision </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												23.<span style="font-family: Arial,sans-serif">Register\r\n												</span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Reviews and approvals </span>\r\n												</i></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												24.<span style="font-family: Arial,sans-serif">Review \r\n												of approval </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												25.<span style="font-family: Arial,sans-serif">Withholding \r\n												information </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												26.<span style="font-family: Arial,sans-serif">Appeals \r\n												Tribunal </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Technical advisory committee\r\n												</span></i></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												27.<span style="font-family: Arial,sans-serif">Technical \r\n												advisory committee </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												28.<span style="font-family: Arial,sans-serif">Functions \r\n												of the committee </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												29.<span style="font-family: Arial,sans-serif">Allowances</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												30.<span style="font-family: Arial,sans-serif">Conflict \r\n												of interest </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Regulatory agencies </span></i>\r\n												</p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												31.<span style="font-family: Arial,sans-serif">Functions \r\n												of regulatory agencies </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												32.<span style="font-family: Arial,sans-serif">Unintentional \r\n												release into the environment\r\n												</span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Inspections </span></i></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												33.<span style="font-family: Arial,sans-serif">Appointment \r\n												of inspectors &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												34.<span style="font-family: Arial,sans-serif">Functions \r\n												of inspectors </span></p>\r\n												<p class="Style" style="text-align: justify">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp;Finance </span></i></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												35.<span style="font-family: Arial,sans-serif">Funds \r\n												of the Authority </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												36.<span style="font-family: Arial,sans-serif">Investment \r\n												of funds </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												37.<span style="font-family: Arial,sans-serif">Financial \r\n												year </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												38.<span style="font-family: Arial,sans-serif">Annual \r\n												estimates </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												39.<span style="font-family: Arial,sans-serif">Accounts \r\n												and audit </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Miscellaneous </span></i></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												40.<span style="font-family: Arial,sans-serif">Regulations\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												41.<span style="font-family: Arial,sans-serif">Offences \r\n												and penalties </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												42.<span style="font-family: Arial,sans-serif">Public \r\n												awareness and participation\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												43.<span style="font-family: Arial,sans-serif">Civil \r\n												liability and redress </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												44.<span style="font-family: Arial,sans-serif">Interpretation\r\n												</span></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 111.1pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												SCHEDULES FIRST SCHEDULE</span></b></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 8.85pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												CONDUCT OF BUSINESS AND AFFAIRS \r\n												OF THE BOARD </span></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												SECOND SCHEDULE </span></b></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<span style="font-family: Arial,sans-serif">\r\n												INFORMATION REQUIRED IN \r\n												APPLICATIONS FOR CONTAINED OR \r\n												CONFINED USE </span></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												THlRD SCHEDULE </span></b></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<span style="font-family: Arial,sans-serif">\r\n												INFORMATION REQUIRED IN \r\n												APPLICATIONS FOR RELEASE, \r\n												IMPORTATION AND PLACING ON THE \r\n												MARKET </span></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												FOURTH SCHEDULE</span></b></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<span style="font-family: Arial,sans-serif">\r\n												RISK ASSESSMENT</span></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												FIFTH SCHEDULE</span></b></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<span style="font-family: Arial,sans-serif">\r\n												REGULATORY AGENCIES</span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												ACT</span></b></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 40.05pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												OF THE PARLIAMENT OF THE \r\n												REPUBLIC OF GHANA</span></b></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												ENTITLED</span></b></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												BIOSAFETY ACT, 2011</span></b></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												AN ACT to regulate biotechnology \r\n												and to provide for related \r\n												matters. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												DATE OF ASSENT: </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												PASSED by Parliament and \r\n												assented to by the President:\r\n												</span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Scope, objectives and \r\n												establishment </span></i></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Scope of the Act </span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												1. </span>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) The requirements of this Act \r\n												are in addition to, and not in \r\n												derogation of, the requirements \r\n												imposed by any other enactment.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) This Act does not apply to \r\n												genetically modified organisms \r\n												that are pharmaceuticals for \r\n												human use, and which are the \r\n												subject of any other enactment.\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Objectives of the Act </span>\r\n												</p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												2. The objectives of the Act \r\n												are, </span></p>\r\n												<p class="Style" style="text-align: justify">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												to ensure an adequate level of \r\n												protection in the field of safe \r\n												development transfer, handling \r\n												and use of genetically modified \r\n												organisms resulting from \r\n												biotechnology that may have an \r\n												adverse effect on health and the \r\n												environment, and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												to establish a transparent and \r\n												predictable process to review \r\n												and make decisions on \r\n												genetically modified organisms \r\n												specified in paragraph <i>(a)\r\n												</i>and related activities.\r\n												</span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Establishment </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												of the </span><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												National Biosafety Authority\r\n												</span></b></p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												3. (1) There is established by \r\n												this Act a body corporate to be \r\n												known as the National Biosafety \r\n												Authority. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) Where there is a hindrance \r\n												to the acquisition of property \r\n												by the Authority, the property \r\n												may be acquired for the \r\n												Authority under the State \r\n												Property and Contracts Act, 1960 \r\n												(C.A. 6) or the State Lands Act, \r\n												1962 (Act 125) and the cost \r\n												shall be borne by the Authority.\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Functions of the Authority\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												4. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												The functions of the Authority \r\n												are </span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												to receive, process, respond to \r\n												and to make decisions on \r\n												applications under and in \r\n												conformity with this Act, </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												to establish administrative \r\n												mechanisms to ensure the \r\n												appropriate handling and storage \r\n												of documents and data in \r\n												connection with the processing \r\n												of applications and any other \r\n												matters covered by this Act,\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(e) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												to act as the national focal \r\n												point responsible for liaising \r\n												with any other agency or \r\n												international organisations \r\n												concerned with biotechnology and \r\n												biosafety, and </span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												to promote public awareness, \r\n												participation and education \r\n												concerning the activities of the \r\n												Authority under this Act. </span>\r\n												</p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												The governing body </span></b>\r\n												</p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												5. (1) The governing body of the \r\n												Authority is a Board consisting \r\n												of <i>(a) </i>an expert in \r\n												biotechnology and related \r\n												biological sciences including \r\n												biosafety, as the chairperson,\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the chairperson of the technical \r\n												advisory committee established \r\n												under section 27, </span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(e) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												one representative of the \r\n												Ministry responsible for Science \r\n												not below the rank of Director,\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												one representative of the \r\n												Association of Ghana Industries,\r\n												<i>(e) </i>one legal \r\n												practitioner of not less than \r\n												ten years standing, who has a \r\n												sufficient background knowledge \r\n												relevant to the subject matter \r\n												of this Act, </span></p>\r\n												<p class="Style" style="margin-right: 16.55pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(f) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												one representative of \r\n												non-governmental organisations,\r\n												<i>(g) </i>the chief executive \r\n												officer of the Authority, </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(h) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												two members from the academia \r\n												who are persons with a \r\n												sufficient background knowledge \r\n												relevant to the subject matter \r\n												of this Act at least one of whom \r\n												is a woman, </span></p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(i) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												one representative of the \r\n												Council for Scientific and \r\n												Industrial Research not below \r\n												the rank of a Director, </span>\r\n												</p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(j) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												one representative of the \r\n												Ministry of Food and Agriculture \r\n												not below the rank of a \r\n												Director, </span></p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(k) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												one representative of the \r\n												Ministry of Health not below the \r\n												rank of a Director, and </span>\r\n												</p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(/) one representative from the \r\n												Customs Division of the Ghana \r\n												Revenue Authority, </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The members of the Board \r\n												shall be appointed by the \r\n												President in accordance with \r\n												article 70 of the Constitution \r\n												and shall hold office for three \r\n												years. </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) A member of the Board is \r\n												eligible for reappointment for a \r\n												further term not exceeding three \r\n												years. </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) Subsections (2) and (3) do \r\n												not apply to the <i>ex officio\r\n												</i>members. (5) The names of \r\n												the members of the Board shall \r\n												be published as a notice in the\r\n												<i>Gazette. </i></span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(6) The Board is responsible for \r\n												the proper and efficient \r\n												performance of the functions of \r\n												the Authority. </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(7) The Minister responsible for \r\n												Science may give policy \r\n												directives to the Board. </span>\r\n												</p>\r\n												<p class="Style" style="margin-right: 129.35pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Administration</span></i></p>\r\n												<p class="Style" style="margin-right: 129.35pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;</span></i><b><span style="font-family: Arial,sans-serif">Conduct \r\n												of business and affairs of the \r\n												Board </span></b></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												6. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) The provisions relating to \r\n												the conduct and regulation of \r\n												the business and affairs of the \r\n												Board are set out in the First \r\n												Schedule </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) Except as provided in the \r\n												First Schedule, the Board shall \r\n												regulate its own procedure and \r\n												the procedure of any of its \r\n												committees. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) The Authority shall pay to \r\n												members of the Board allowances \r\n												approved by the Minister in \r\n												consultation with the Minister \r\n												responsible for Finance. </span>\r\n												</p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Delegation of powers of the \r\n												Authority </span></b></p>\r\n												<p class="Style" style="text-align: justify">\r\n												<span style="font-family: Arial,sans-serif">\r\n												7. Subject to this Act, the \r\n												Board may, generally or in a \r\n												particular case, delegate to a \r\n												committee of the Board or to a \r\n												member of the Board, or to an \r\n												officer, employee or agent of \r\n												the Authority, the performance \r\n												of a function of the Authority \r\n												under this Act. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Chief executive officer </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												8.<span style="font-family: Arial,sans-serif">(1) \r\n												There shall be a chief executive \r\n												officer of the Authority. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The President shall appoint, \r\n												in accordance with article 195 \r\n												of the Constitution, the chief \r\n												executive officer of the \r\n												Authority, on the terms and \r\n												conditions of service stated in \r\n												the instrument of appointment.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) The chief executive officer \r\n												shall hold office for a period \r\n												not exceeding five years and is \r\n												eligible for re-appointment for \r\n												another term only. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) The chief executive officer \r\n												is responsible, subject to the \r\n												direction of the Board, for the \r\n												day to day management of the \r\n												affairs of the Authority. </span>\r\n												</p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Staff of the Authority </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												9. The President shall appoint \r\n												for the Authority, in accordance \r\n												with article 195 of the \r\n												Constitution, the officers and \r\n												any other staff necessary for \r\n												the proper performance of its \r\n												functions under this Act, on the \r\n												terms and conditions of service \r\n												determined by the Board. </span>\r\n												</p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Protection from personal \r\n												liability </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												10. </span>\r\n												<span style="font-family: Arial,sans-serif">\r\n												A matter or thing done by a \r\n												member of the Board or by an \r\n												officer, employee or agent of \r\n												the Authority, shall not, if the \r\n												matter or thing is done bona \r\n												fide in the performance of a \r\n												function of the Authority, \r\n												render the member, officer, \r\n												employee or agent personally \r\n												liable to an action, a claim or \r\n												demand. </span></p>\r\n												<p class="Style" style="margin-right: 110.6pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Handling requests for approval</span></i></p>\r\n												<p class="Style" style="margin-right: 110.6pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;</span></i><span style="font-family: Arial,sans-serif">Application \r\n												for contained or confined use\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												11. </span>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) A person shall not conduct a \r\n												contained or confined use \r\n												activity involving genetically \r\n												modified organisms or their \r\n												development without the written \r\n												approval of the Authority.\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The application shall \r\n												include </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the details that are set out in \r\n												the Second Schedule, and </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												any other additional information \r\n												that the applicant may consider \r\n												necessary for an assessment of \r\n												the potential risk and benefits \r\n												of the requested activity.\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Application for introduction \r\n												into the environment </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												12. (1) A person shall not \r\n												introduce into the environment a \r\n												genetically modified organism \r\n												without the prior written \r\n												approval of the Authority.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) A person wishing to \r\n												introduce a genetically modified \r\n												organism into the environment \r\n												shall submit to the Authority an \r\n												application describing the \r\n												activity for which the approval \r\n												is sought. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 61.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) An application under \r\n												subsection (2) shall include <i>\r\n												(a) </i>the information set out \r\n												in the Third Schedule, </span>\r\n												</p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a risk assessment as set out in \r\n												the Fourth Schedule, </span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a sworn declaration that the \r\n												information contained in the \r\n												application is factually \r\n												correct, and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												any other additional information \r\n												that the applicant may consider \r\n												necessary for an assessment of \r\n												the potential risks and benefits \r\n												of the requested activity.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) An applicant may withdraw \r\n												the application at any time \r\n												prior to the issuance of a final \r\n												decision by the Authority.\r\n												</span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Application to import or place \r\n												on the market </span></b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												13. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) A person shall not, without \r\n												the prior written approval of \r\n												the Authority, import or place \r\n												on the market a genetically \r\n												modified organism. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 61.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) An application under \r\n												subsection (1) shall include <i>\r\n												(a) </i>the information set out \r\n												in the Third Schedule, </span>\r\n												</p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a risk assessment as set out in \r\n												the Fourth Schedule, and </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												any other information that the \r\n												applicant may consider necessary \r\n												for an assessment of the \r\n												potential risks and benefits of \r\n												the requested activity. </span>\r\n												</p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Application to export </span>\r\n												</b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												14. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												A person intending to export a \r\n												genetically modified organism \r\n												shall provide the Authority with \r\n												a written advance informed \r\n												agreement or the appropriate \r\n												certification from the competent \r\n												authority of the importing \r\n												country. </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Genetically modified organisms \r\n												in transit </span></b></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												15. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) A person intending to \r\n												transport a genetically modified \r\n												organism through the Republic \r\n												which is not destined for use in \r\n												the Republic </span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												shall apply to the Authority for \r\n												a written approval for the \r\n												transportation, and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												shall ensure that the \r\n												genetically modified organism is \r\n												properly packaged and \r\n												transported in accordance with \r\n												the Regulations and \r\n												international standards. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) An application to transport \r\n												genetically modified organisms \r\n												through the Republic shall be in \r\n												the form prescribed by the \r\n												Regulations. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) A person wishing to \r\n												introduce a genetically modified \r\n												organism into the environment \r\n												shall submit to the Authority an \r\n												application describing the \r\n												activity for which the approval \r\n												is sought. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 61.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) An application under \r\n												subsection (2) shall include <i>\r\n												(a) </i>the information set out \r\n												in the Third Schedule, </span>\r\n												</p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a risk assessment as set out in \r\n												the Fourth Schedule, </span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a sworn declaration that the \r\n												information contained in the \r\n												application is factually \r\n												correct, and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												any other additional information \r\n												that the applicant may consider \r\n												necessary for an assessment of \r\n												the potential risks and benefits \r\n												of the requested activity.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) An applicant may withdraw \r\n												the application at any time \r\n												prior to the issuance of a final \r\n												decision by the Authority.\r\n												</span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Application to import or place \r\n												on the market </span></b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												13. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) A person shall not, without \r\n												the prior written approval of \r\n												the Authority, import or place \r\n												on the market a genetically \r\n												modified organism. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 61.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) An application under \r\n												subsection (1) shall include <i>\r\n												(a) </i>the information set out \r\n												in the Third Schedule, </span>\r\n												</p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a risk assessment as set out in \r\n												the Fourth Schedule, and </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												any other information that the \r\n												applicant may consider necessary \r\n												for an assessment of the \r\n												potential risks and benefits of \r\n												the requested activity. </span>\r\n												</p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Application to export </span>\r\n												</b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												14. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												A person intending to export a \r\n												genetically modified organism \r\n												shall provide the Authority with \r\n												a written advance informed \r\n												agreement or the appropriate \r\n												certification from the competent \r\n												authority of the importing \r\n												country. </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Genetically modified organisms \r\n												in transit </span></b></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												15. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) A person intending to \r\n												transport a genetically modified \r\n												organism through the Republic \r\n												which is not destined for use in \r\n												the Republic </span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												shall apply to the Authority for \r\n												a written approval for the \r\n												transportation, and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												shall ensure that the \r\n												genetically modified organism is \r\n												properly packaged and \r\n												transported in accordance with \r\n												the Regulations and \r\n												international standards. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) An application to transport \r\n												genetically modified organisms \r\n												through the Republic shall be in \r\n												the form prescribed by the \r\n												Regulations. </span></p>\r\n												<p class="Style" style="margin-right: 235.2pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Confidential information 16.\r\n												</span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) The Authority </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												shall allow an applicant to \r\n												designate information provided \r\n												to the Authority in accordance \r\n												with the requirements of this \r\n												Act and the Regulations as \r\n												confidential information, and \r\n												the applicant shall supply the \r\n												justification for the claims of \r\n												confidentiality; </span></p>\r\n												<p class="Style" style="margin-right: 1.65pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												shall decide whether it accepts \r\n												as confidential the informa­tion \r\n												designated as confidential by \r\n												the applicant; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(e) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												shall inform the applicant of \r\n												its rejection of the claim of \r\n												confidentiality, providing \r\n												reasons on request, as well as \r\n												an opportunity for consultation; \r\n												and </span></p>\r\n												<p class="Style" style="margin-right: 1.65pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												shall, where an applicant \r\n												withdraws an application, \r\n												respect the applicant''s claims \r\n												of confidentiality. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The Authority shall not use \r\n												confidential information for a \r\n												purpose not authorised under \r\n												this Act and shall ensure that \r\n												the information is protected by \r\n												the person involved in handling \r\n												applications under this Act.\r\n												</span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Acknowledgement of application\r\n												</span></b></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												17. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) On receipt of the \r\n												application, the Authority\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 1.65pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												shall acknowledge in writing, \r\n												the receipt of the application \r\n												within seven days of the \r\n												receipt, and </span></p>\r\n												<p class="Style" style="margin-right: 1.65pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												shall screen the application for \r\n												completeness within sixty days.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) Where an application is not \r\n												complete, the Authority shall \r\n												request the applicant to submit \r\n												additional information. </span>\r\n												</p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Gazette </span></i><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												publication </span></b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.4pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												18. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) The Authority shall within \r\n												fourteen days publish in the <i>\r\n												Gazette, </i>a notice concerning \r\n												an application for release into \r\n												the environment, for the general \r\n												information of the public.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) On request, the Authority \r\n												may avail to a person portions \r\n												of an application which do not \r\n												qualify as confidential \r\n												information. </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Risk assessment and risk \r\n												management </span></b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.4pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												19. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) Where an application is \r\n												screened and found to be \r\n												complete, the Board shall act in \r\n												accordance with the advice of \r\n												the technical advisory committee \r\n												in respect of the risk \r\n												assessment conducted as set out \r\n												in the Fourth Schedule. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: 2.15pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) Risk assessment shall be \r\n												carried out taking into account \r\n												available information concerning \r\n												a potential exposure to the \r\n												genetically modified organism.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 37.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) The Board may request an \r\n												additional risk assessment. (4) \r\n												On completion of the risk \r\n												assessment, the Board shall\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 2.15pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												make a report giving its \r\n												decision and the justification \r\n												on the disposition of the \r\n												application, and </span></p>\r\n												<p class="Style" style="margin-right: 2.15pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												indicate the measures to be \r\n												taken to ensure the safe use of \r\n												the genetically modified \r\n												organism. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 2.15pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(5) The Board shall liaise with \r\n												the appropriate regulatory \r\n												agency to ensure that measures \r\n												are in place to manage and \r\n												control risks identified during \r\n												the risk assessment process.\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Exemption </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												20. The Board may exempt a \r\n												genetically modified organism \r\n												from certain requirements of \r\n												section 11, 12, or 13, where it \r\n												is satisfied that sufficient \r\n												experience or information exists \r\n												to conclude that the genetically \r\n												modified organism or activity \r\n												does not pose a significant risk \r\n												to the environment. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Determination of the application\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												21. In reaching a final decision \r\n												on an application, the Board \r\n												shall </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												take into account </span></p>\r\n												<p class="Style" style="margin-right: 93.8pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												information submitted by the \r\n												applicant, <i>(b) </i>the risk \r\n												assessment report, </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												relevant comments submitted by \r\n												the public, and </span></p>\r\n												<p class="Style" style="text-align: justify">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												socio-economic considerations \r\n												arising from the impact of a \r\n												proposed activity and of the \r\n												genetically modified organisms \r\n												on the environment. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Communication of decision </span>\r\n												</p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												22. (1) The Board shall \r\n												communicate its final decision \r\n												to the applicant <i>(a) </i>as \r\n												soon as possible, but in any \r\n												case not later than one hundred \r\n												and eighty days after the \r\n												receipt of the complete \r\n												application, or </span></p>\r\n												<p class="Style" style="margin-right: 2.15pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												within the time that the Board \r\n												may in special circumstances \r\n												determine. </span></p>\r\n												<p class="Style" style="margin-right: 1.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The approval shall set out \r\n												clearly the specific conditions \r\n												related to the approval. </span>\r\n												</p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) The approval shall be \r\n												specific and limited to the \r\n												activity authorised as set out \r\n												in the decision document. </span>\r\n												</p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Register </span></p>\r\n												<p class="Style" style="margin-right: 1.2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												23. The Authority shall maintain \r\n												a register, which shall contain \r\n												a copy of </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the application, </span></p>\r\n												<p class="Style" style="margin-right: 163.65pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the risk assessment report, <i>\r\n												(c) </i>the decision document,\r\n												<i>(d) </i>the approval, and\r\n												</span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(e) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												any other information the Board \r\n												may consider necessary. </span>\r\n												</p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Reviews and approvals </span>\r\n												</i></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Review of approval </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												24. (l) The Board may review a \r\n												decision made under section 21 \r\n												at any time on obtaining \r\n												significant new scientific \r\n												information indicating that the \r\n												genetically modified organism or \r\n												the approved activity may \r\n												adversely affect human health, \r\n												plant health, animal health or \r\n												the environment. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) A regulatory agency or an \r\n												applicant may request the Board \r\n												to review the Board''s decision \r\n												under section 21 with respect to \r\n												an activity conducted by the \r\n												applicant on the ground </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												that a change in the \r\n												circumstances has occurred that \r\n												may have a material effect on \r\n												the outcome of the risk \r\n												assessment on which the decision \r\n												was based; or </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												that additional scientific or \r\n												technical information is \r\n												available which may have a \r\n												material effect on the decision \r\n												including the conditions, \r\n												limitations or requirements \r\n												imposed under an approval.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) Where on a review the Board \r\n												is satisfied that a change is \r\n												warranted, the Board shall issue \r\n												a revised approval. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) The Board shall take a \r\n												decision on a review within one \r\n												hundred and fifty days from the \r\n												date of notification of the \r\n												review and shall set out the \r\n												reasons for the decision. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(5) Where the Board has \r\n												knowledge that an activity \r\n												possesses potential risk to the \r\n												environment, the Board shall \r\n												take immediate action to put the \r\n												necessary measures in place.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(6) The Board shall give special \r\n												consideration for review \r\n												requests from a regulatory \r\n												agency. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Withholding information </span>\r\n												</p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												25. (1) A person who withholds \r\n												information </span></p>\r\n												<p class="Style" style="margin-right: 1.9pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												which becomes available to the \r\n												applicant after the approval of \r\n												the application, and </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												which could change the \r\n												evaluation of risk posed by the\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												intended activity of the person\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												commits an offence and is liable \r\n												on summary conviction to a fine \r\n												of not less than two thousand \r\n												five hundred penalty units and \r\n												not more than five thousand \r\n												penalty units or to a term of \r\n												imprisonment of not less than \r\n												five years and not more than ten \r\n												years or to both the fine and \r\n												the term of imprisonment. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) Where an applicant has \r\n												information which the applicant \r\n												ought to have disclosed with the \r\n												application, but does not do so, \r\n												the applicant commits an offence \r\n												and is liable on summary \r\n												conviction to a fine of not less \r\n												than two thousand five hundred \r\n												penalty units and not more than \r\n												five thousand penalty units or \r\n												to a term of imprisonment of not \r\n												less than five years and not \r\n												more than ten years or to both \r\n												the fine and the term of \r\n												imprisonment. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Appeals Tribunal </span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												26. (1) There is hereby \r\n												established an Appeals Tribunal \r\n												consisting of <i>(a) </i>an \r\n												eminent biological scientist as \r\n												the chairperson, </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												one legal practitioner of not \r\n												less than ten years standing \r\n												with professional qualifications \r\n												in biotechnology or biosafety \r\n												matters; and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												three other members, who have \r\n												qualifications in biotechnology \r\n												and biosafety management at \r\n												least one of whom is a woman.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The members of the Appeals \r\n												Tribunal shall be appointed by \r\n												the Minister and the \r\n												appointments shall be published \r\n												in the <i>Gazette. </i></span>\r\n												</p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) A member of the Board shall \r\n												not be appointed a member of the \r\n												Appeals Tribunal. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) The members of the Appeals \r\n												Tribunal shall hold office for \r\n												three </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												years. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(5) A person who is aggrieved by\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 54.2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a refusal to grant an approval \r\n												under this Act, or <i>(b) </i>\r\n												the conditions of approval under \r\n												this Act, or </span></p>\r\n												<p class="Style" style="margin-right: 1.9pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the revocation, suspension or \r\n												revision of an approval under \r\n												this Act, or </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a refusal to treat an \r\n												application as confidential\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 1.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												may appeal, within thirty days \r\n												of the decision of the Board, to \r\n												the Appeals Tribunal in the \r\n												prescribed manner. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(6) A person aggrieved by a \r\n												decision of the Appeals Tribunal \r\n												may, within thirty days of the \r\n												decision, appeal against the \r\n												decision to the High Court.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 114.45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Technical advisory committee\r\n												</span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												TecbmUcaladvisoryconurnnttee\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												27. </span>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) In addition to any other \r\n												committees that the Board may \r\n												establish under the First \r\n												Schedule, there is hereby \r\n												established a technical advisory \r\n												committee consisting of not more \r\n												than eleven persons appointed by \r\n												the Board for a period not \r\n												exceeding three years as \r\n												follows: </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												one representative each from\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 1.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(i) the Council for Scientific \r\n												and Industrial Research, and\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(ii) the Atomic Energy \r\n												Commission, </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												two persons one of whom is a \r\n												woman, who are persons \r\n												knowledgeable in the fields of \r\n												science applicable to ecology \r\n												and the development and release \r\n												of genetically modified \r\n												orgamsms, </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												two persons one of whom is a \r\n												woman who are knowledgeable in \r\n												socio-economic matters and \r\n												genetically modified organisms, \r\n												and </span></p>\r\n												<p class="Style" style="margin-right: 119.75pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												one representative each from the</span></p>\r\n												<p class="Style" style="margin-right: 119.75pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;(i) Ghana Revenue Authority,\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 80.85pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(ii) Environmental Protection \r\n												Agency, </span></p>\r\n												<p class="Style" style="margin-right: 80.85pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(iii) Food and Drugs Board,\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(iv) Veterinary Services \r\n												Directorate, and </span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(v) Plant Protection and \r\n												Regulatory Services Directorate.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The Board in consultation \r\n												with the Minister responsible \r\n												for Science shall in appointing \r\n												members to the committee, \r\n												endeavour to achieve \r\n												representation from a range of \r\n												the sciences relevant to \r\n												genetically modified organisms \r\n												and ecology. </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) The Board shall designate a \r\n												member of the committee as the \r\n												chairperson of the committee.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) In the absence of the \r\n												chairperson, the members of the \r\n												committee shall elect one of \r\n												their number to act as \r\n												chairperson. </span></p>\r\n												<p class="Style" style="margin-right: 2.85pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(5) The acting chairperson shall \r\n												perform the functions of the \r\n												chairperson where the \r\n												chairperson is unable to do so.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 2.85pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(6) A member of the committee \r\n												whose period of office has \r\n												expired is eligible for \r\n												reappointment. </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Functions of the committee\r\n												</span></b></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												28. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) The technical advisory \r\n												committee shall </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.4pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												act as the national advisory \r\n												body on matters concerning or \r\n												related to genetic modification \r\n												of organisms, and carry out risk \r\n												assessment and audit of \r\n												applications at the request of \r\n												the Board, and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.4pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												advise, on request or of its own \r\n												accord, the Minister and through \r\n												the Board and the Minister \r\n												advise the Ministries and \r\n												appropriate bodies, on matters \r\n												concerning the genetic \r\n												modification of organisms \r\n												including </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(i) aspects relating to the \r\n												introduction and development of \r\n												genetically modified organisms \r\n												into the environment, </span>\r\n												</p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(ii) proposals for specific \r\n												activities or projects \r\n												concerning genetic modification \r\n												of organisms, </span></p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(iii) aspects concerning the \r\n												contained use of genetically \r\n												modified organisms, </span></p>\r\n												<p class="Style" style="margin-right: 1.65pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(iv) the importation and \r\n												exportation of genetically \r\n												modified organisms, and </span>\r\n												</p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(v) proposed Regulations and \r\n												written guidelines. </span></p>\r\n												<p class="Style" style="margin-right: 1.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The committee shall annually \r\n												submit a budget to the Board. \r\n												(3) The committee may appoint \r\n												subcommittees to deal with \r\n												specific matters as required.\r\n												</span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Allowances </span></b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												29. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												The members of the technical \r\n												advisory committee and of a \r\n												sub­committee shall be paid the \r\n												allowances determined by the \r\n												Minister, in consultation with \r\n												the Minister responsible for \r\n												Finance. </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Conflict of interest </span></b>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												30. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) A member of the technical \r\n												advisory committee who has an \r\n												interest, directly or indirectly \r\n												in a matter which is the subject \r\n												of consideration by the \r\n												committee shall disclose that \r\n												fact to the committee and the \r\n												nature of the interest and shall \r\n												not take part in the \r\n												consideration, discussion of or \r\n												vote on a question in respect of \r\n												that matter. </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) A member who fails to comply \r\n												with subsection (1) ceases to be \r\n												a member of the committee.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 135.8pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Regulatory agencies </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Functions of regulatory agencies\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												31. (1) A regulatory agency \r\n												shall, where appropriate, \r\n												monitor an applicant''s \r\n												activities to ensure that those \r\n												activities comply with the \r\n												requirements of this Act, the \r\n												Regulations and the conditions \r\n												imposed in connection with the \r\n												approval under this Act. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) Where a regulatory agency \r\n												becomes aware of significant new \r\n												scientific information \r\n												indicating that approved \r\n												activities with genetically \r\n												modified organisms may adversely \r\n												affect the environment or pose \r\n												potential risks not previously \r\n												known, the regulatory agency \r\n												shall immediately inform the \r\n												Authority of the new information \r\n												and of the measures put in place \r\n												to ensure the continued safe use \r\n												of the genetically modified \r\n												organism. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Unintentional release into the \r\n												environment </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												32. (1) A regulatory agency with \r\n												knowledge of an unintentional or \r\n												unapproved introduction into the \r\n												environment of a genetically \r\n												modified organism that is likely \r\n												to have an adverse effect on the \r\n												environment, shall, within \r\n												twenty four hours of having that \r\n												knowledge, notify the Authority \r\n												of the occurrence. </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) A notification under \r\n												subsection (1) shall include \r\n												adequate in­formation for the \r\n												Board to undertake a risk \r\n												assessment. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) The Board, in consultation \r\n												with the regulatory agency, \r\n												shall determine whether an \r\n												action is necessary to minimize \r\n												an adverse effect on the \r\n												environment. </span></p>\r\n												<p class="MsoNormal" align="center" style="text-align: center; line-height: normal">\r\n												<i>\r\n												<span style="font-size: 12.0pt; font-family: Arial,sans-serif">\r\n												Inspections</span></i></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Appointment of inspectors </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												33. (1) Subject to subsection \r\n												(5) of section 19, the Board may \r\n												appoint a duly qualified person \r\n												as a biosafety inspector of the \r\n												Authority, for the area of \r\n												authority specified in the \r\n												letter of appointment. </span>\r\n												</p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The appointment of an \r\n												inspector under subsection (1) \r\n												shall be published in the <i>\r\n												Gazette. </i></span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) An individual or a company \r\n												incorporated in the Republic may \r\n												be appointed as an inspector.\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Functions of inspectors </span>\r\n												</p>\r\n												<p class="Style" style="margin-right: 1.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												34. (1) A biosafety inspector \r\n												may, in the performance of a \r\n												function under this Act, at a \r\n												reasonable time and without a \r\n												warrant, </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												enter any premises, vessel or \r\n												property, which the inspector \r\n												has reason to believe it is \r\n												necessary to enter, in order to \r\n												ascertain whether the \r\n												requirements of this Act or of \r\n												the Regulations are, or an \r\n												approval under this Act is, \r\n												being complied with, and may be \r\n												accompanied by a person duly \r\n												authorised by the Authority;\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												take possession of the equipment \r\n												or material required for the \r\n												purpose for which the power to \r\n												enter is being exercised; <i>(c)\r\n												</i>carry out the tests and \r\n												inspection and make the \r\n												recordings that are necessary in \r\n												the circumstances; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												direct that a part of the \r\n												premises, or anything in the \r\n												premises, shall be left \r\n												undisturbed for so long as it is \r\n												reasonably necessary for the \r\n												purposes of the test or \r\n												inspection; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(e) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												take appropriate samples of the \r\n												organisms, articles or \r\n												substances found in the \r\n												premises, an analysis or any \r\n												other thing relevant for the \r\n												purposes of this Act; </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(f) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												in the case of anything found in \r\n												the premises which appears to \r\n												contain genetically modified \r\n												organism which has adversely \r\n												affected or is likely to \r\n												adversely affect the \r\n												environment, the biosafety \r\n												inspector may cause it to be \r\n												dismantled or subjected to a \r\n												process or test but not so as to \r\n												damage or destroy it, unless it \r\n												is necessary; or </span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(g) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												require the production of the \r\n												records which are required to be \r\n												kept under this Act. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) In the performance of a \r\n												function under this Act, a \r\n												biosafety inspector shall supply \r\n												the appropriate identification.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) An inspector who without \r\n												reasonable cause acts in \r\n												contravention of a provision of \r\n												subsections (1) and (2) commits \r\n												an offence and is liable on \r\n												summary conviction to a fine of \r\n												not less than two thousand five \r\n												hundred penalty units and not \r\n												more than five thousand penalty \r\n												units or to a term of \r\n												imprisonment of not less than \r\n												five years and not more that ten \r\n												years or to both the fine and \r\n												the term of imprisonment. </span>\r\n												</p>\r\n												<p class="MsoNormal" style="line-height: normal">\r\n												<span style="font-size: 12.0pt; font-family: Arial,sans-serif">\r\n												&nbsp;</span></p>\r\n												<p class="MsoNormal" style="line-height: normal">\r\n												<i>\r\n												<span style="font-size: 12.0pt; font-family: Arial,sans-serif">\r\n												Finance</span></i></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Funds of the Authority </span>\r\n												</p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												35. The funds of the Authority \r\n												include </span></p>\r\n												<p class="Style" style="margin-right: 2.4pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the moneys appropriated by \r\n												Parliament for the purposes of \r\n												the Authority, </span></p>\r\n												<p class="Style" style="margin-right: 2.4pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the moneys that accrue to or \r\n												vest in the Authority in the \r\n												per­formance of its functions \r\n												under this Act, and </span></p>\r\n												<p class="Style" style="margin-right: 2.4pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the moneys from any other source \r\n												provided for, donated or lent to \r\n												the Authority, </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Investment of funds </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												36. The Authority may </span>\r\n												</p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												invest any of its surplus funds \r\n												in securities, and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												place on deposit with a bank \r\n												approved by the Minister \r\n												responsible for Finance the \r\n												moneys not immediately required \r\n												for the purposes of the \r\n												Authority. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Financial year </span></p>\r\n												<p class="Style" style="margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												37. The financial year of the \r\n												Authority shall be the same as \r\n												the financial year of the \r\n												Government. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Annual estimates </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												38. (1) Before the commencement \r\n												of each financial year, the \r\n												Board shall prepare the annual \r\n												estimates of revenue and \r\n												expenditure of the Authority for \r\n												the financial year. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.65pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The annual estimates shall \r\n												make provision for the estimated \r\n												expenditure of the Authority for \r\n												the fmancial year concerned and \r\n												in particular, shall provide for\r\n												</span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the acquisition, maintenance, \r\n												repair and replacement of the \r\n												equipment and any other property \r\n												of the Authority, <i>(b) </i>the \r\n												payment of salaries, allowances \r\n												and any other charges in respect \r\n												of the staff of the Authority, \r\n												and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the payment of pensions, \r\n												gratuities and any other charges \r\n												in respect of retirement \r\n												benefits which are payable out \r\n												of the funds of the Authority.\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Accounts and audit </span></p>\r\n												<p class="Style" style="margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												39. (1) The sums of money \r\n												provided in the estimates shall \r\n												not be increased without the \r\n												prior consent of the Board.\r\n												</span></p>\r\n												<p class="MsoNormal" style="line-height: normal">\r\n												<span style="font-size: 12.0pt; font-family: Arial,sans-serif">\r\n												&nbsp;</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The Authority shall keep \r\n												proper books and records of \r\n												account of the income, \r\n												expenditure, assets and \r\n												liabilities of the Authority in \r\n												the form approved by the \r\n												Auditor-General. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) Within three months from the \r\n												end of the financial year, the \r\n												Board shall submit for audit to \r\n												the Auditor-General the books \r\n												and accounts of the Authority \r\n												together with </span></p>\r\n												<p class="Style" style="margin-right: 1.2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a statement of the income and \r\n												expenditure of the Authority on \r\n												the last day of that year, and\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 1.2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a statement of the assets and \r\n												liabilities of the Authority on \r\n												the last day of that year.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 2.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) The accounts of the \r\n												Authority shall be audited and \r\n												reported on in accordance with \r\n												article 187 of the Constitution.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(5) The activities and \r\n												operations of the Authority \r\n												shall be accessible to the \r\n												public unless there are reasons \r\n												of commercial confidentiality or \r\n												security, justifying exclusion.\r\n												</span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Miscellaneous </span></i></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Regulations </span></b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 2.15pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												40. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) The Authority may, with the \r\n												prior approval in writing of the \r\n												Minister, and in consultation \r\n												with the Ministers responsible \r\n												for Health and Food and \r\n												Agriculture and any other \r\n												relevant sector Minister make \r\n												Regulations, by legislative \r\n												instrument, for the better \r\n												performance of its functions \r\n												under this Act and in particular \r\n												for prescribing </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												anything required by this Act to \r\n												be prescribed; </span></p>\r\n												<p class="Style" style="margin-right: 1.2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the procedures for conducting \r\n												contained and confined use \r\n												activities involving genetically \r\n												modified organisms; </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the procedures for </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(i) the release of genetically \r\n												modified organisms into </span>\r\n												</p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												the environment, </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 2.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(ii) the importation of \r\n												genetically modified organisms, \r\n												(iii) the exportation of \r\n												genetically modified organisms, \r\n												(iv) genetically modified \r\n												organisms in transit; </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: 37.4pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the procedures for appeals to \r\n												the Appeals Tribunal; <i>(e) </i>\r\n												the forms to be used for \r\n												applications for approvals;\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 1.2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(f) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the schedules of fees to cover \r\n												administrative costs of \r\n												processing applications and \r\n												notices; and </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(g) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the procedures for deregulation.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) Until Regulations are made \r\n												under subsection (1), the \r\n												Biosafety (Management of \r\n												Biotechnology) Regulations, 2007 \r\n												(L.I. 1887) shall continue in \r\n												force as if made under this Act.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) Despite subsections (I) and \r\n												(2), the Authority may issue \r\n												guidelines in respect of the \r\n												matters referred to in \r\n												subsections (1) and (2). </span>\r\n												</p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Offences and penalties </span>\r\n												</b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.2pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												41. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(I) </span>\r\n												<span style="font-family: Arial,sans-serif">\r\n												A person commits an offence and \r\n												is liable on conviction to a \r\n												fine of not less than two \r\n												thousand five hundred penalty \r\n												units and not more than five \r\n												thousand penalty units or to a \r\n												term of imprisonment of not less \r\n												than five years and not more \r\n												than ten years or to both the \r\n												fine and the term of \r\n												imprisonment if that person\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												makes contained or confined use, \r\n												releases into the environment, \r\n												places on the market, imports or \r\n												exports, a genetically modified \r\n												organism without the approval of \r\n												the Authority, or </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												contravenes a condition attached \r\n												to an approval under this Act, \r\n												or </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												fails to furnish an information \r\n												as required by or under this \r\n												Act, or </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												uses or releases confidential \r\n												information for a purpose not \r\n												authorised by or under this Act, \r\n												or </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(e) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												uses a genetically modified \r\n												organism for mischievous or \r\n												unethical purposes, or </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(f) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												obstructs or fails to assist the \r\n												Authority or officers of the \r\n												Authority in the performance of \r\n												a function under this Act, or\r\n												</span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(g) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												contravenes any other provision \r\n												of this Act. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) Where a body corporate is \r\n												convicted of an offence \r\n												specified in subsection (1) a \r\n												Director and any other officer \r\n												of that body corporate shall be \r\n												deemed to have committed the \r\n												offence for which the body \r\n												corporate is convicted. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) A person shall not be \r\n												convicted of an offence pursuant \r\n												to subsection (2) where it is \r\n												proved to the satisfaction of \r\n												the Court that, having regard to \r\n												the nature of the offence,\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												that person did not consent to, \r\n												or did not conninve at, the \r\n												commission of the offence, or\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												that person did exercise the \r\n												degree of res on able diligence \r\n												as ought in the circumstances to \r\n												have been exercised to prevent \r\n												the commission of the offence.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) For the purposes of \r\n												subsections (2) and (3), a body \r\n												corporate includes a firm or \r\n												partnership and those \r\n												subsections shall be construed \r\n												accordingly in the case of a \r\n												firm or partnership. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Public awareness and \r\n												participation </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												42. (1) The Authority shall \r\n												promote public awareness \r\n												participation and education \r\n												concerning biosafety matters for \r\n												the benefit of the people of the \r\n												Republic through </span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the publication of this Act and \r\n												of the Regulations in as many \r\n												languages as possible, and\r\n												</span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												public lectures, seminars and \r\n												workshops. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The Authority shall publish \r\n												notices of final decisions \r\n												concerning applications made \r\n												under this Act in the <i>Gazette\r\n												</i>and the electronic and print \r\n												media. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Civil liability and redress\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												43. Liability or redress for a \r\n												damage that occurs as a result \r\n												of an activity under this Act is \r\n												subject to the applicable laws.\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Interpretation </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												44. In this Act, unless the \r\n												context otherwise requires,\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;Appeals Tribunal&quot; means the \r\n												Appeals Tribunal established \r\n												under section 26; </span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;applicant&quot; means a person who \r\n												submits an application pursuant \r\n												to a provision of this Act;\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;Authority&quot; means the National \r\n												Biosafety Authority established \r\n												under section 3; </span></p>\r\n												<p class="Style" style="text-align: justify">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;biotechnology&quot; means a \r\n												technological application that \r\n												uses biological systems, living \r\n												organisms or derivatives of \r\n												those systems and organisms to \r\n												make or modify products or \r\n												processes for a specific use;\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;biosafety&quot; is a term used to \r\n												describe efforts to reduce and \r\n												eliminate the potential risks \r\n												resulting from biotechnology and \r\n												its products; </span></p>\r\n												<p class="Style" style="text-align: justify">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;confmed use&quot; means a field \r\n												trial of a genetically modified \r\n												organism in an open system in \r\n												which physical barriers are \r\n												employed to effectively limit \r\n												their impact with, and their \r\n												impact on, human and external \r\n												environment; </span></p>\r\n												<p class="MsoNormal" style="line-height: normal">\r\n												<span style="font-size: 12.0pt; font-family: Arial,sans-serif">\r\n												&nbsp;</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;contained use&quot; means an \r\n												activity undertaken within a \r\n												facility, an installation or any \r\n												other physical structure which \r\n												involves genetically modified \r\n												organisms that are controlled by \r\n												specific measures; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;genetically modified organism&quot; \r\n												includes an organism that has \r\n												been transformed by the \r\n												insertion of one or more genes, \r\n												or regulatory elements, or an \r\n												organism that has had its own \r\n												genes modified without the \r\n												insertion of any new genes and \r\n												their products; </span></p>\r\n												<p class="Style" style="margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;genetically modified organisms \r\n												register&quot; means the register \r\n												maintained under section 23;\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;Minister&quot; means the Minister \r\n												responsible for Science; \r\n												&quot;placing on the market&quot; means \r\n												making a genetically modified \r\n												organism available on a \r\n												commercial basis; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;precautionary approach&quot; means \r\n												that where there are threats of \r\n												serious or irreversible damage, \r\n												lack of full scientific \r\n												certainty shall not be used as a \r\n												reason for postponing \r\n												cost­effective measures to \r\n												prevent environmental \r\n												degradation; </span></p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&quot;Regulations&quot; means the \r\n												Regulations made under this Act; \r\n												and &quot;regulatory agency&quot; means a \r\n												regulatory agency specified in \r\n												the Fifth Schedule. </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												SCHEDULES </span></i></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												FIRST SCHEDULE</span></b></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;</span></b><i><span style="font-family: Arial,sans-serif">(Section \r\n												6) </span></i></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 4.8pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												PROVISIONS AS TO THE CONDUCT OF \r\n												BUSINESS AND AFFAIRS OF THE \r\n												BOARD </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Committees and co-opted advisers\r\n												</span></b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 2.15pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												1. (1) The Board shall establish \r\n												the committees it considers \r\n												appropriate to perform the \r\n												functions and e:x;ercise the \r\n												responsibilities determined by \r\n												the Board. </span></p>\r\n												<p class="Style" style="margin-right: 2.15pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The findings of a committee \r\n												shall be presented to the Board \r\n												for its consideration and \r\n												determination. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) The Board may at any time \r\n												co-opt a person to attend any of \r\n												its meetings, but a co-opted \r\n												person is not entitled to vote \r\n												on a matter for decision by the \r\n												Board. </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Vacation of office </span></b>\r\n												</p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												2. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(1) The appointment of a member \r\n												of the Board, other than an <i>\r\n												ex- </i></span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 107.25pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												officio </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												member, shall be terminated by \r\n												the President <i>(a) </i>on the \r\n												expiry of the appointment, or <i>\r\n												(b) </i>on the death of the \r\n												member, or </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												if the member </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i) \r\n												&nbsp;&nbsp; is adjudged bankrupt, or is \r\n												sentenced for an offence to a \r\n												term of imprisonment of not less \r\n												than six months, or </span></p>\r\n												<p class="Style" style="margin-right: 2.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(ii) is convicted of an offence \r\n												involving fraud, dishonesty or \r\n												moral turpitude, or </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.4pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(iii) is absent, without the \r\n												permission of the Board, from \r\n												three successive meetings of the \r\n												Board for which the member has \r\n												received notice; </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												on notice in writing of the \r\n												intention to resign from office; \r\n												or <i>(e) </i>if in the opinion \r\n												of the Board, the member becomes \r\n												by reason of mental or physical \r\n												infirmity, incapable of \r\n												performing the functions of \r\n												office as a member of the Board; \r\n												or </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(f) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												on the commission of an offence \r\n												under this Act. </span></p>\r\n												<p class="Style" style="margin-right: 3.35pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) A member of the Board may \r\n												resign at any time from office \r\n												in writing addressed to the \r\n												President through the Minister.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 3.35pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) The President may by letter \r\n												addressed to a member revoke the \r\n												appointment of that member.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.65pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) Where a member of the Board \r\n												is, for a sufficient reason, \r\n												unable to act as a member, the \r\n												Minister shall determine whether \r\n												the inability would result in \r\n												the declaration of a vacancy.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.65pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(5) Where there is vacancy, the \r\n												Minister shall notify the \r\n												President of the vacancy and the \r\n												President shall appoint a person \r\n												to fill the vacancy. </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Meetings of board </span></b>\r\n												</p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												3.<span style="font-family: Arial,sans-serif">(1) \r\n												The Board shall meet at least \r\n												four times in every financial \r\n												year. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.65pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) The chairperson shall \r\n												preside at the meetings of the \r\n												Board, and in the absence of the \r\n												chairperson, the members present \r\n												shall elect one of their number \r\n												to preside at the meeting.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.9pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(3) Unless a unanimous decision \r\n												is reached, a decision on a \r\n												matter before the Board shall be \r\n												determined by a majority of the \r\n												votes of the members present and \r\n												voting, and in the case of an \r\n												equality of votes, the \r\n												chairperson or the member \r\n												presiding shall have a casting \r\n												vote. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.65pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(4) The quorum for the \r\n												transaction of the business of \r\n												the Board is seven members of \r\n												the Board but in respect of \r\n												financial matters or any other \r\n												matter of importance as \r\n												determined by the Board, the \r\n												quorum shall be nine members.\r\n												</span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Disclosure of interest </span>\r\n												</b></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												4. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												A member of the Board who has an \r\n												interest, directly or \r\n												indirectly, in an application or \r\n												any other matter which is the \r\n												subject of consideration by the \r\n												Board shall disclose the fact to \r\n												the Board and shall not take \r\n												part in the consideration or \r\n												discussion of or vote on, a \r\n												question in respect of the \r\n												application or that other \r\n												matter. </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Seal of the board </span></b>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												5. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(l) The seal of the Authority \r\n												shall be authenticated by the \r\n												signatures of the chairperson of \r\n												the Board and the chief \r\n												executive officer of the \r\n												Authority. </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: 1.2pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												(2) In the absence of the \r\n												chairperson, a member of the \r\n												Board designated by the \r\n												chairperson for the purpose may \r\n												authenticate the seal. </span>\r\n												</p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 114.0pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SECOND SCHEDULE</span></b></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 114.0pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</span></b><i><span style="font-family: Arial,sans-serif">(Section\r\n												</span>\r\n												<span style="font-family: Arial,sans-serif">\r\n												11) </span></i></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 35.5pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												INFORMATION REQUIRED IN \r\n												APPLICATIONS FOR CONTAINED OR \r\n												CONFINED USE </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												1. An application to conduct \r\n												activities under contained or \r\n												confined use with genetically \r\n												modified organisms under \r\n												contained use shall be submitted \r\n												to the Authority at least sixty \r\n												days before the activities are \r\n												due to begin. </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												2. The application shall include\r\n												</span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the name and contact address of \r\n												the applicant, </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the location where the contained \r\n												use activities are to be \r\n												undertaken, </span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the nature and identity of the \r\n												genetically modified organisms \r\n												to be involved, </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .7pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the nature and purpose of the \r\n												activities including storing, \r\n												transporting, producing, \r\n												processing, disposing or use of \r\n												the genetically modified \r\n												organisms in any other way,\r\n												</span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(e) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a description of the potential \r\n												risks associated with the \r\n												genetically modified organism \r\n												activities to be undertaken, <i>\r\n												(f) </i>a description of the \r\n												potential risk associated with \r\n												genetically modified organism \r\n												activities to be undertaken, and\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(g) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a description of the remedial \r\n												measures to be undertaken for \r\n												unintentional release at the end \r\n												of the acitivity. </span></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 118.05pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp; THIRD SCHEDULE </span></b>\r\n												</p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 118.05pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(Sections </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												12, 13) </span></p>\r\n												<p class="Style" align="center" style="text-align: center">\r\n												<span style="font-family: Arial,sans-serif">\r\n												INFORMATION REQUIRED IN \r\n												APPLICATIONS FOR RELEASE, \r\n												IMPORTATION AND PLACING ON THE \r\n												MARKET </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												1.<span style="font-family: Arial,sans-serif">N \r\n												arne, address and contact \r\n												details of the exporter. </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												2.<span style="font-family: Arial,sans-serif">N \r\n												arne, address and contact \r\n												details of the importer. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: 0in; margin-left: 0in">\r\n												3.<span style="font-family: Arial,sans-serif">Name \r\n												and identity of the genetically \r\n												modified organism as well as the \r\n												domestic classification of the \r\n												biosafety level of the \r\n												genetically modified organism in \r\n												the country of export. </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												4.<span style="font-family: Arial,sans-serif">Intended \r\n												date of the transboundary \r\n												movement. </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 0in; margin-left: 0in">\r\n												5.<span style="font-family: Arial,sans-serif">Taxonomic \r\n												status, scientific and technical \r\n												names, common name, unique \r\n												identifier, transformation code \r\n												or event point collection or \r\n												acquisition and characteristics \r\n												of the recipient organism or \r\n												parental organism related to \r\n												biosafety. </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 0in; margin-left: 0in">\r\n												6.<span style="font-family: Arial,sans-serif">Center \r\n												of origin and center of genetic \r\n												diversity, of the recipient \r\n												organism and the parental \r\n												organism and the description of \r\n												the habitat where the organism \r\n												is related to biosafety. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: 0in; margin-left: 0in">\r\n												7.<span style="font-family: Arial,sans-serif">Taxonomic \r\n												status, common name, point of \r\n												collection or acquisition and \r\n												characteristics of the \r\n												modification introduced, the \r\n												technique used and the resulting \r\n												characteristics of the \r\n												genetically modified organism.\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in; margin-right: .2pt">\r\n												8.<span style="font-family: Arial,sans-serif">Intended \r\n												use of the genetically modified \r\n												organism and the products of the \r\n												genetically modified organism.\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in; margin-right: .2pt">\r\n												9.<span style="font-family: Arial,sans-serif">Quantity \r\n												or volume of the genetically \r\n												modified organism to be \r\n												transferred and released. </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												10.<span style="font-family: Arial,sans-serif">The \r\n												appropriate risk assessment \r\n												report. </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												11.<span style="font-family: Arial,sans-serif">Suggested \r\n												methods for the safe handling, \r\n												storage, transport and use, \r\n												including procedures for \r\n												unintentional or accidental \r\n												release. </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												12.<span style="font-family: Arial,sans-serif">A \r\n												sworn declaration of the \r\n												applicant that the above \r\n												mentioned information is \r\n												factually correct. </span></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 109.9pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;</span></b></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 109.9pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												FOURTH SCHEDULE </span></b></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 109.9pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(Section </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												12, 13, 19) </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp;&nbsp; \r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;RISK \r\n												ASSESSMENT </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Objective of risk assessment\r\n												</span></b></p>\r\n												<p class="Style" style="text-align: justify">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												1. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												The objective of the risk \r\n												assessment is to identify and \r\n												evaluate the potential adverse \r\n												effects of genetically modified \r\n												organisms on health and the \r\n												environment. </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												<b>13.<span style="font-family: Arial,sans-serif">Use \r\n												of risk assessment </span></b>\r\n												</p>\r\n												<p class="Style" style="margin-right: .2pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												2. </span></b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												The risk assessment shall be \r\n												used by the Board to make \r\n												informed decisions regarding \r\n												genetically modified organism.\r\n												</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												3. The general principles \r\n												guiding risk assessment are,\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												risk assessment shall be carried \r\n												out in a scientifically sound \r\n												and transparent manner and may \r\n												take into account expert advice \r\n												and guiding principles developed \r\n												by relevant organisations;\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												lack of scientific knowledge or \r\n												scientific consensus shall not \r\n												necessarily be interpreted to \r\n												indicate a particular level of \r\n												risk, an absence of risk or an \r\n												acceptable risk; and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												risk associated with genetically \r\n												modified organisms or products \r\n												of these organisms shall be \r\n												considered in the context of the \r\n												risk posed by the genetically \r\n												modified organism''s recipient or \r\n												the parental organisms in the \r\n												likely potential receiving \r\n												environment. </span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												Methodology </span></b></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												4. To fulfill its objective, \r\n												risk assessment shall entail\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												an identification of any of the \r\n												genotypic and phenotypic \r\n												characteristics associated with \r\n												genetically modified organisms \r\n												that may have an adverse effect \r\n												on the environment; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												an evaluation of the likelihood \r\n												of these adverse effects being \r\n												realised, taking into account \r\n												the level and the kind of \r\n												exposure of the likely potential \r\n												receiving environment of the \r\n												genetically modified organism;\r\n												</span></p>\r\n												<p class="Style" style="margin-right: 1.9pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												an evaluation of the \r\n												consequences should these \r\n												effects be realised; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												an estimation of the overall \r\n												risk posed by the genetically \r\n												modified organisms based on the \r\n												evaluation of the likelihood and \r\n												consequences of the identified \r\n												adverse effects being realized;\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(e) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												a recommendation as to whether \r\n												or not the risks are acceptable \r\n												or manageable, including \r\n												identification of strategies to \r\n												mange the risk; and </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(f) </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												where there is uncertainty \r\n												regarding the level of risk, the \r\n												Board may request further \r\n												information on the specific \r\n												issues of concern or may \r\n												recommend appropriate risk \r\n												management strategies and \r\n												monitoring of the genetically \r\n												modified organisms in the \r\n												receiving environment. </span>\r\n												</p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Points to consider </span></p>\r\n												<p class="Style" style="margin-right: 2.15pt">\r\n												<span style="font-family: Arial,sans-serif">\r\n												5. Risk assessment shall take \r\n												into account the relevant \r\n												technical and scientific details \r\n												regarding the characteristics \r\n												of, </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(a) recipient organisms or \r\n												parental organisms: </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												the biological char­acteristics \r\n												of the recipient organism or \r\n												parental organism including \r\n												taxonomic status, common name, \r\n												origin, centers of origin and \r\n												centers of genetic diversity and \r\n												a description of the habitat \r\n												where the organism persists;\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(b) donor organism: </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												taxonomic status and common \r\n												name, source and the relevant \r\n												biological characteristics of \r\n												the donor organisms; </span></p>\r\n												<p class="Style"><i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(c) vector: </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												characteristics of the vector \r\n												including its identity of origin \r\n												and host range; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(d) insert and characteristics \r\n												of modification: </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												genetic characteristics of the \r\n												inserted nucleic acid and the \r\n												function it specifies and \r\n												characteristics of the \r\n												modification introduced; </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(e) genetically modified \r\n												organisms: </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												identity of the genetically \r\n												modi­fied organisms and the \r\n												differences between the \r\n												biological characteristics of \r\n												the genetically modified \r\n												organisms and those of the \r\n												recipient organism or parental \r\n												organisms; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(f) </span>\r\n												<span style="font-family: Arial,sans-serif">\r\n												detection and identification of \r\n												genetically modified organisms:\r\n												</span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												suggested detection \r\n												identification methods and the \r\n												specificity, sensitivity and \r\n												reliability; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(g) information relating to the \r\n												intended use: </span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												information related to the \r\n												intended use of the genetically \r\n												modified organisms including new \r\n												or changed use compared to the \r\n												recipient organism or parental \r\n												organism; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-right: .45pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(h) receiving environment:\r\n												</span></i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												information, the location, \r\n												geographical climatic and \r\n												ecological characteristics \r\n												including relevant information \r\n												on biological diversity and \r\n												centers of origin of the likely \r\n												potential receiving environment.\r\n												</span></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 15.8pt">\r\n												<b>\r\n												<span style="font-family: Arial,sans-serif">\r\n												FIFFH SCHEDULE </span></b></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-right: 15.8pt">\r\n												<i>\r\n												<span style="font-family: Arial,sans-serif">\r\n												(Section 31) </span></i></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												REGULATORY AGENCIES </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												&nbsp;</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												1.<span style="font-family: Arial,sans-serif">The \r\n												Food and Drugs Board </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												2.<span style="font-family: Arial,sans-serif">The \r\n												Veterinary Services Directorate\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												3.<span style="font-family: Arial,sans-serif">The \r\n												Plant Protection and Regulatory \r\n												Services Directorate </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												4.<span style="font-family: Arial,sans-serif">The \r\n												Environmental Protection Agency\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												5.<span style="font-family: Arial,sans-serif">The \r\n												Customs Division of the Ghana \r\n												Revenue Authority </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in; margin-right: .2pt">\r\n												6.<span style="font-family: Arial,sans-serif">District \r\n												Assemblies, Metropolitan \r\n												Assemblies, Municipal Assemblies \r\n												and any other local government \r\n												authority </span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 0in">\r\n												7.<span style="font-family: Arial,sans-serif">The \r\n												Standards Authority. </span></p>\r\n												<p class="MsoNormal" style="line-height: normal">\r\n												<span style="font-size: 12.0pt; font-family: Arial,sans-serif">\r\n												&nbsp;</span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial,sans-serif">\r\n												Date of <i>Gazette </i>\r\n												notification: </span></p>\r\n												<p class="MsoNormal" align="center" style="text-align: center; line-height: normal">\r\n												<span style="font-size: 12.0pt; font-family: Arial,sans-serif">\r\n												&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 831');
INSERT INTO `actsofghana` (`id`, `title`, `content`, `republic`, `isshow`, `actname`) VALUES
(141, 'Borrowers and Lenders Act, 2008 Act 773 ', '<table>\r\n\r\n\r\n                <tr>\r\n                                            <td vAlign="top" align="left" width="1367" height="64">\r\n                                              <div class="Section1">\r\n												<p class="Style" style="margin-left: 71.45pt; margin-right: .25pt">\r\n												<b>\r\n												<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Borrowers and Lenders Act, 2008&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												Act 773 </span></b></p>\r\n												<p class="Style" style="margin-left: 83.95pt; margin-right: .25pt">\r\n												<span style="font-family: Arial">\r\n												ARRANGEMENT OF SECTIONS </span>\r\n												</p>\r\n												<p class="Style" style="margin-right: .25pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												Section </span></i></p>\r\n												<p class="Style" style="text-indent: -16.55pt; margin-left: 22.0pt; margin-right: .3pt">\r\n												1.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Application </span></p>\r\n												<p class="Style" style="text-indent: -17.25pt; margin-left: 23.45pt; margin-right: .3pt">\r\n												2.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Meaning of credit agreement\r\n												</span></p>\r\n												<p class="Style" style="text-indent: -17.25pt; margin-left: 23.45pt; margin-right: .3pt">\r\n												3.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Meaning. of credit facility\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 4.75pt; margin-right: 186.3pt">\r\n												4.<span style="font-family: Arial">Meaning \r\n												of credit transaction 5. Meaning \r\n												of credit guarantee </span></p>\r\n												<p class="Style" style="margin-left: 61.15pt; margin-right: .3pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												Supervisory and enforcement role \r\n												of Bank of Ghana </span></i></p>\r\n												<p class="Style" style="text-indent: -17.75pt; margin-left: 23.45pt; margin-right: .3pt">\r\n												6.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Functions of the Bank of Ghana\r\n												</span></p>\r\n												<p class="Style" style="text-indent: -17.25pt; margin-left: 23.45pt; margin-right: .3pt">\r\n												7.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Rules by notices </span></p>\r\n												<p class="Style" style="text-indent: -17.25pt; margin-left: 23.45pt; margin-right: .3pt">\r\n												8.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Investigation </span></p>\r\n												<p class="Style" style="text-indent: -17.25pt; margin-left: 23.45pt; margin-right: .3pt">\r\n												9.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Examination </span></p>\r\n												<p class="Style" style="text-indent: -22.3pt; margin-left: 25.15pt; margin-right: .3pt">\r\n												10.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Order for search of premises\r\n												</span></p>\r\n												<p class="Style" style="text-indent: -22.3pt; margin-left: 25.15pt; margin-right: .3pt">\r\n												11.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Power of Court to make certain \r\n												orders </span></p>\r\n												<p class="Style" style="text-indent: -22.55pt; margin-left: 24.9pt; margin-right: .3pt">\r\n												12.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Administrative fines </span></p>\r\n												<p class="Style" style="margin-left: 148.3pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												Borrower rights </span></i></p>\r\n												<p class="Style" style="text-indent: -22.55pt; margin-left: 25.9pt">\r\n												13.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Right to apply for credit </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -22.3pt; margin-left: 26.15pt">\r\n												14.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Protection against \r\n												discrimination in respect of \r\n												credit </span></p>\r\n												<p class="Style" style="text-indent: -22.55pt; margin-left: 25.9pt">\r\n												15.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Delivery of documents </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -22.3pt; margin-left: 26.15pt">\r\n												16.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Protection of borrower credit \r\n												rights </span></p>\r\n												<p class="Style" style="margin-left: 4.55pt">\r\n												<span style="font-family: Arial">\r\n												17. Confidentiality, personal \r\n												information and borrower credit \r\n												records </span></p>\r\n												<p class="Style" style="margin-left: 126.45pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												Disclosure of information </span>\r\n												</i></p>\r\n												<p class="Style" style="text-indent: 0in; margin-left: 5.0pt; margin-right: -10.4pt">\r\n												18.<span style="font-family: Arial">Pre-agreement \r\n												disclosure</span></p>\r\n												<p class="Style" style="margin-left: 5.0pt; margin-right: 208.55pt">\r\n												<span style="font-family: Arial">\r\n												19. Marketing information </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: 4.3pt; margin-right: 102.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												Repayment and recovery of debt\r\n												</span></i></p>\r\n												<p class="Style" style="margin-left: 4.3pt; margin-right: 102.2pt">\r\n												<span style="font-family: Arial">\r\n												20. Borrower''s or guarantor''s \r\n												obligations </span></p>\r\n												<p class="Style" style="margin-left: 83.75pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												Collateral registry and \r\n												registration of charges </span>\r\n												</i></p>\r\n												<p class="Style" style="text-indent: -24.2pt; margin-left: 29.0pt">\r\n												21.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Collateral Registry </span></p>\r\n												<p class="Style" style="text-indent: -24.0pt; margin-left: 29.25pt">\r\n												22.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Object of the Registry </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -24.0pt; margin-left: 29.25pt">\r\n												23.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												Functions of the Registry </span>\r\n												</div>\r\n												<div class="Section4">\r\n													<p class="Style" style="text-indent: -23.25pt; margin-left: 24.25pt; margin-right: .25pt">\r\n													24.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Appointment of collatral \r\n													Registrar </span></p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: 24.95pt; margin-right: .25pt">\r\n													25.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Registration of charges\r\n													</span></p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: 24.95pt; margin-right: .25pt">\r\n													26.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Procedure on registration\r\n													</span></p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: 24.95pt; margin-right: .25pt">\r\n													27.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Registration of satisfaction \r\n													of debt </span></p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: 24.95pt; margin-right: .25pt">\r\n													28.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Expiry of time for \r\n													registration </span></p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: 24.95pt; margin-right: .25pt">\r\n													29.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Appointment of receiver or \r\n													manager </span></p>\r\n													<p class="Style" style="text-indent: 0in; margin-left: .95pt; margin-right: .25pt">\r\n													30<i>.</i><span style="font-family: Arial">Registration \r\n													of appointment or removal of \r\n													receiver </span></p>\r\n													<p class="Style" style="text-indent: 0in; margin-left: .95pt; margin-right: .25pt">\r\n													<span style="font-family: Arial">\r\n													31. Notices to be published \r\n													in <i>Gazette </i></span>\r\n													</p>\r\n													<p class="Style" style="margin-left: 96.0pt; margin-right: .25pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													Enforcement of borrower''s \r\n													obligations </span></i></p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: 24.95pt; margin-right: .25pt">\r\n													32.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Default in payment </span>\r\n													</p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: 24.95pt; margin-right: .25pt">\r\n													<b>33.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span></b>\r\n													<span style="font-family: Arial">\r\n													Remedies of lender on \r\n													default </span></p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: 24.95pt; margin-right: .25pt">\r\n													34.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Lender''s right to possession\r\n													</span></p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: 24.95pt; margin-right: .25pt">\r\n													35.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Mortgages </span></p>\r\n													<p class="Style" style="margin-left: 2.1in; margin-right: .25pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													Miscellaneous </span></i>\r\n													</p>\r\n													<p class="Style" style="text-indent: -23.25pt; margin-left: 24.5pt; margin-right: .25pt">\r\n													36.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Annual report </span></p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: .35in; margin-right: .25pt">\r\n													37.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Regulations </span></p>\r\n													<p class="Style" style="text-indent: -23.5pt; margin-left: .35in; margin-right: .25pt">\r\n													38.<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">\r\n													Interpretation </span></p>\r\n													<p class="Style" style="margin-left: 157.9pt; margin-right: .25pt">\r\n													<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n													SCHEDULE </span></p>\r\n													<p class="Style" style="margin-left: 180.7pt; margin-right: .25pt"></div>\r\n												<span style="font-size: 12.0pt; font-family: Arial">\r\n												<br clear="all" style="page-break-before: always">\r\n&nbsp;</span><div class="Section5">\r\n												<p class="Style" style="margin-left: 315.35pt; margin-right: .05pt">&nbsp;</p>\r\n												<p class="Style" style="margin-left: 79.9pt; margin-right: 7.25pt">\r\n												<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												<b>THE SEVEN HUNDRED \r\n												SEVENTY-THIRD </b></span></p>\r\n												<p class="Style" style="margin-left: 152.85pt; margin-right: 7.25pt">\r\n												<b>\r\n												<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												ACT </span></b></p>\r\n												<p class="Style" style="margin-left: 152.4pt; margin-right: 4.35pt">\r\n												<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span>\r\n												<span style="font-family: Arial">\r\n												ENTITLED </span></p>\r\n												<p class="Style" style="margin-left: .85in; margin-right: 4.35pt">\r\n												<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												<b>BORROWERS AND LENDERS ACT, \r\n												2008 </b></span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -24.0pt; margin-left: 26.15pt; margin-right: 4.35pt">\r\n												<span style="font-family: Arial">\r\n												An Act to provide the legal \r\n												framework for credit, to improve \r\n												standards of disclosure of \r\n												information by borrowers and \r\n												lenders, to prohibit certain \r\n												credit practices, to promote a \r\n												consistent enforcement framework \r\n												related to credit, and to \r\n												provide for related matters.\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 83.5pt; margin-right: 4.35pt">\r\n												<span style="font-family: Arial">\r\n												<b>DATE OF ASSENT</b>: <i>\r\n												23rdDecember, 2008. </i></span>\r\n												</p>\r\n												<p class="Style" style="margin-left: .95pt; margin-right: 4.35pt">\r\n												<span style="font-family: Arial">\r\n												ENACTED by the President and \r\n												Parliament: </span></p>\r\n												<p class="Style" style="margin-left: 136.3pt; margin-right: 7.25pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												Preliminary matters </span></i>\r\n												</p>\r\n												<p class="Style" style="margin-right: 7.25pt">\r\n												<span style="font-family: Arial">\r\n												Application </span></p>\r\n												<p class="Style" style="margin-left: 12.7pt; margin-right: 7.25pt">\r\n												<span style="font-family: Arial">\r\n												1. (1) This Act applies to\r\n												</span></p>\r\n												<p class="Style" style="text-indent: -17.25pt; margin-left: 64.55pt; margin-right: 7.25pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial">\r\n												a credit agreement between \r\n												parties who deal at arm''s length \r\n												except </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -20.85pt; margin-left: 102.95pt; margin-right: 7.7pt">\r\n												<span style="font-family: Arial">\r\n												(i) a credit agreement covering \r\n												an amount of less than One \r\n												hundred Ghana Cedis (GH¢ 100) or \r\n												an amount determined by the Bank \r\n												of Ghana; </span></p>\r\n												<p class="Style" style="text-indent: -20.6pt; margin-left: 102.0pt; margin-right: 8.65pt">\r\n												<span style="font-family: Arial">\r\n												(ii) any other credit agreement \r\n												exempted by the Bank of Ghana by \r\n												notice under this Act. </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: 38.4pt; margin-right: 7.25pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												a credit guarantee where the \r\n												guarantee is only in respect of \r\n												a credit facility or credit \r\n												transaction covered by this Act; \r\n												&nbsp;</span></div>\r\n												<div class="Section8">\r\n													<p class="Style" style="text-align: justify; text-indent: 26.4pt; margin-left: .5pt; margin-right: 4.55pt">\r\n													<span style="font-family: Arial">\r\n													(2) This Act applies to a \r\n													credit agreement or proposed \r\n													credit agreement whether the \r\n													lender resides or has its \r\n													principal office within or \r\n													outside the country, or is\r\n													</span></p>\r\n													<p class="Style" style="margin-left: 50.9pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(a) </span></i>\r\n													<span style="font-family: Arial">\r\n													an institution of state,\r\n													</span></p>\r\n													<p class="Style" style="margin-left: 47.75pt; margin-right: 58.3pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(b) </span></i>\r\n													<span style="font-family: Arial">\r\n													an entity controlled by an \r\n													institution of state, or <i>\r\n													(c) </i>an entity created by \r\n													an enactment. </span></p>\r\n													<p class="Style" style="margin-left: 27.35pt">\r\n													<span style="font-family: Arial">\r\n													(3) Where this Act applies \r\n													to a credit agreement </span>\r\n													</p>\r\n													<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.95pt; margin-right: 2.85pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(a) </span></i>\r\n													<span style="font-family: Arial">\r\n													it continues to apply to \r\n													that agreement even if a \r\n													party to that agreement \r\n													ceases to reside or have its \r\n													principal office within the \r\n													country; and </span></p>\r\n													<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.95pt; margin-right: 2.85pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(b) </span></i>\r\n													<span style="font-family: Arial">\r\n													it applies in relation to \r\n													every transaction, act or \r\n													omission under that \r\n													agreement, whether or not \r\n													that transaction, act or \r\n													omission occurs within or \r\n													outside the country. </span>\r\n													</p>\r\n													<p class="Style" style="text-indent: 26.6pt; margin-left: 1.45pt; margin-right: 3.35pt">\r\n													<span style="font-family: Arial">\r\n													(4) For purposes of this Act \r\n													parties are not dealing at \r\n													arm''s length in the case of\r\n													</span></p>\r\n													<p class="Style" style="margin-left: 50.9pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(a) </span></i>\r\n													<span style="font-family: Arial">\r\n													a shareholder loan or other \r\n													credit agreement between a \r\n													corporate body as borrower \r\n													and a person who has a \r\n													significant shareholding in \r\n													that corporate body, as \r\n													lender; <i>(b) </i>a loan to \r\n													a shareholder, or other \r\n													credit agreement between a \r\n													corporate body, as lender, \r\n													and a person who has a \r\n													controlling interest in that \r\n													corporate body, as borrower;\r\n													</span></p>\r\n													<p class="Style" style="text-indent: -17.5pt; margin-left: 67.45pt; 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													a credit agreement between \r\n													persons who are in a \r\n													familial relationship; or\r\n													</span></p>\r\n													<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.95pt; margin-right: 2.85pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(d) </span></i>\r\n													<span style="font-family: Arial">\r\n													any other arrangement that \r\n													is of a type that has been \r\n													held in law to be between \r\n													parties who are not dealing \r\n													at arm''s length. </span></p>\r\n													<p class="Style" style="margin-left: 3.1pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													Meaning of credit agreement\r\n													</span></b></p>\r\n													<p class="Style" style="margin-left: 15.1pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													2. </span></b>\r\n													<span style="font-family: Arial">\r\n													For the purpose of this Act \r\n													a credit agreement is an \r\n													agreement </span></p>\r\n													<p class="Style" style="margin-left: 3.35pt; margin-right: .7pt">\r\n													<span style="font-family: Arial">\r\n													in the nature of a credit \r\n													facility, a credit \r\n													transaction, a credit \r\n													guarantee or any combination \r\n													of these which the lender\r\n													</span></p>\r\n													<p class="Style" style="margin-left: 50.9pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(a) </span></i>\r\n													<span style="font-family: Arial">\r\n													resides or has its principal \r\n													office within or outside the\r\n													country; \r\n													</span></p>\r\n													<p class="Style" style="margin-left: 50.9pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(b) </span></i>\r\n													<span style="font-family: Arial">\r\n													an institution of state;\r\n													</span></p>\r\n													<p class="Style" style="margin-left: 51.1pt; margin-right: 53.25pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(c) </span></i>\r\n													<span style="font-family: Arial">\r\n													an entity controlled by an \r\n													institution of state; or </span></p>\r\n													<p class="Style" style="margin-left: 51.1pt; margin-right: 53.25pt">\r\n													<span style="font-family: Arial">\r\n													<i>\r\n													(d) </i>is an entity created \r\n													by an enactment. </span></p>\r\n													<p class="Style" style="margin-left: 3.1pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													Meaning of credit facility\r\n													</span></b></p>\r\n													<p class="Style" style="margin-left: 15.1pt">\r\n													<span style="font-family: Arial">\r\n													3. An agreement is a credit \r\n													facility if in that \r\n													agreement the lender </span>\r\n													</p>\r\n													<p class="Style" style="margin-left: 3.35pt; margin-right: .7pt">\r\n													<span style="font-family: Arial">\r\n													undertakes </span></p>\r\n													<p class="Style" style="margin-left: 50.9pt">\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 lend stipulated amounts \r\n													within a specified period or \r\n													at specified intervals \r\n													agreed on with the borrower</span></p>\r\n													<p class="Style" style="margin-left: 50.9pt">\r\n													<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													</span>\r\n													<span style="font-family: Arial">&nbsp;(i) \r\n													to the borrower, </span>\r\n												</div>\r\n												<div class="Section10">\r\n													<p class="Style">\r\n													<span style="font-family: Arial">\r\n													&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n													(ii) on behalf of the \r\n													borrower, or </span></p>\r\n													<p class="Style" style="text-indent: 35.5pt; margin-left: 48.7pt; margin-right: 72.75pt">\r\n													<span style="font-family: Arial">\r\n													(iii) at the direction of \r\n													the borrower; and <i>(b) </i>\r\n													to either </span></p>\r\n													<p class="Style" style="text-indent: -20.85pt; margin-left: 103.9pt; margin-right: 1.0pt">\r\n													<span style="font-family: Arial">\r\n													(i) defer the borrower''s \r\n													obligation to repay the \r\n													stipulated amouQt in \r\n													paragraph <i>(a) </i>to the \r\n													lender, </span></p>\r\n													<p class="Style" style="margin-left: 84.2pt; margin-right: .05pt">\r\n													<span style="font-family: Arial">\r\n													(ii) bill the borrower \r\n													periodically for the amount\r\n													</span></p>\r\n													<p class="Style" style="text-indent: 104.6pt; margin-left: .2pt; margin-right: 84.75pt">\r\n													<span style="font-family: Arial">\r\n													stipulated in paragraph <i>\r\n													(a) </i>whether or not a \r\n													charge, fee or interest is \r\n													payable to the lender in \r\n													respect of the arrangements.\r\n													</span></p>\r\n													<p class="Style" style="margin-left: 1.4pt; margin-right: .05pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													Meaning of credit \r\n													transaction </span></b></p>\r\n													<p class="Style" style="text-indent: -36.2pt; margin-left: 48.2pt; margin-right: 119.55pt">\r\n													<span style="font-family: Arial">\r\n													4. An agreement is a credit \r\n													transaction if it is <i>(a)\r\n													</i>a pawn transaction;\r\n													</span></p>\r\n													<p class="Style" style="margin-left: 47.5pt; margin-right: .05pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(b) </span></i>\r\n													<span style="font-family: Arial">\r\n													an installment agreement;\r\n													</span></p>\r\n													<p class="Style" style="margin-left: 48.2pt; margin-right: 142.85pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(c) </span></i>\r\n													<span style="font-family: Arial">\r\n													a mortgage or secured loan; \r\n													or <i>(d) </i>a finance or \r\n													operating lease </span></p>\r\n													<p class="Style" style="margin-left: .45pt; margin-right: .05pt">\r\n													<span style="font-family: Arial">\r\n													and it is not a credit \r\n													facility or credit guarantee\r\n													</span></p>\r\n													<p class="Style" style="margin-left: 1.4pt; margin-right: .05pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													Meaning of credit guarantee\r\n													</span></b></p>\r\n													<p class="Style" style="text-align: justify; text-indent: 12.0pt; margin-right: 1.25pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													5. </span></b>\r\n													<span style="font-family: Arial">\r\n													An agreement is a credit \r\n													guarantee if in that \r\n													agreement a third party \r\n													undertakes or promises to \r\n													satisfy on demand an \r\n													obligation of a borrower in \r\n													a credit facility or credit \r\n													transaction to which this \r\n													Act applies. </span></p>\r\n													<p class="Style" style="margin-left: 60.2pt; margin-right: .05pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													Supervisory and enfOrcement \r\n													role of Bank of Ghana.\r\n													</span></i></p>\r\n													<p class="Style" style="margin-left: 1.4pt; margin-right: .05pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													Functions of the Bank of \r\n													Ghana </span></b></p>\r\n													<p class="Style" style="margin-left: 11.5pt; margin-right: .05pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													6. </span></b>\r\n													<span style="font-family: Arial">\r\n													(1) In furtherance of this \r\n													Act, the Bank of Ghana shall\r\n													</span></p>\r\n													<p class="Style" style="text-indent: -17.75pt; margin-left: 65.25pt; margin-right: 1.45pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(a) </span></i>\r\n													<span style="font-family: Arial">\r\n													promote and support the \r\n													development of a fair, \r\n													transparent, competitive, \r\n													and accessible credit \r\n													market; </span></p>\r\n													<p class="Style" style="text-indent: -17.75pt; margin-left: 65.25pt; margin-right: 1.45pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(b) </span></i>\r\n													<span style="font-family: Arial">\r\n													receive complaints in \r\n													writing about alleged \r\n													contraventions of this Act;\r\n													</span></p>\r\n													<p class="Style" style="margin-left: 47.5pt; margin-right: .05pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(c) </span></i>\r\n													<span style="font-family: Arial">\r\n													monitor the credit market to \r\n													detect and prevent conduct\r\n													prohibited by this Act;\r\n													</span></p>\r\n													<p class="Style" style="text-align: justify; margin-left: 47.5pt; margin-right: 7.45pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(d) </span></i>\r\n													<span style="font-family: Arial">\r\n													institute proceedings in \r\n													case of contravention of \r\n													this Act; </span>\r\n													</p>\r\n													<p class="Style" style="text-align: justify; margin-left: 47.5pt; margin-right: 7.45pt">\r\n													<span style="font-family: Arial">\r\n													<i>(e) </i>conduct \r\n													investigation to ensure \r\n													compliance with this Act; </span>\r\n													</p>\r\n													<p class="Style" style="text-align: justify; margin-left: 47.5pt; margin-right: 7.45pt">\r\n													<span style="font-family: Arial">\r\n													<i>\r\n													(f) </i>issue and enforce \r\n													compliance orders; </span>\r\n													</p>\r\n													<p class="Style" style="margin-left: 47.5pt; margin-right: .05pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(g) </span></i>\r\n													<span style="font-family: Arial">\r\n													promote public awareness of \r\n													credit matters, through\r\n													</span></p>\r\n													<p class="Style" style="text-indent: -20.85pt; margin-left: 103.9pt; margin-right: 1.0pt">\r\n													<span style="font-family: Arial">\r\n													(i) public education, the \r\n													design and dissemination of \r\n													information to the public; \r\n													or </span></p>\r\n													<p class="Style" style="text-indent: -20.85pt; margin-left: 103.9pt; margin-right: 1.0pt">\r\n													<span style="font-family: Arial">\r\n													(ii) the provision of \r\n													guidance to the credit \r\n													market and industry; </span>\r\n												</div>\r\n												<div class="Section14">\r\n													<p class="Style" style="text-indent: -20.85pt; margin-left: 104.65pt; margin-right: 1.9pt">\r\n													<span style="font-family: Arial">\r\n													(iii) adoption of other \r\n													measures to develop public \r\n													awareness of the provisions \r\n													of this Act; </span></p>\r\n													<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.25pt; margin-right: .95pt">\r\n													<span style="font-family: Arial">\r\n													(g) advise the Minister on \r\n													matters of national policy \r\n													related to credit and on the \r\n													determination of standards \r\n													as regards protection of the \r\n													rights of borrowers and \r\n													lenders in terms of this \r\n													Act; and </span></p>\r\n													<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.25pt; margin-right: .95pt">\r\n													<i>\r\n													<span style="font-family: Arial">\r\n													(h) </span></i>\r\n													<span style="font-family: Arial">\r\n													report to the Minister \r\n													annually on the volume and \r\n													cost of different types of \r\n													credit products, market \r\n													practices relating to those \r\n													products, and their \r\n													implications'' for borrower \r\n													choice and competition in \r\n													the credit market. </span>\r\n													</p>\r\n													<p class="Style" style="margin-left: 27.6pt">\r\n													<span style="font-family: Arial">\r\n													(2) In furtherance of \r\n													subsection (1) the Bank may\r\n													</span></p>\r\n													<p class="Style" style="text-indent: -17.5pt; margin-left: 66.0pt; margin-right: .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													have regard to international \r\n													developments in the field of \r\n													credit and financing; or\r\n													</span></p>\r\n													<p class="Style" style="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													consult a person, \r\n													organisation or institution \r\n													about a matter. </span></p>\r\n													<p class="Style" style="margin-left: .25pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													Rules by Notices </span></b>\r\n													</p>\r\n													<p class="Style" style="text-indent: 12.2pt; margin-left: .45pt; margin-right: 72.45pt">\r\n													<span style="font-family: Arial">\r\n													7. The Bank may by Notice \r\n													make rules for the effective \r\n													implementation of this Act.\r\n													</span></p>\r\n													<p class="Style" style="margin-left: .25pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													Investigation </span></b>\r\n													</p>\r\n													<p class="Style" style="text-align: justify; text-indent: 11.75pt; margin-left: .7pt; margin-right: 1.4pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													8. </span></b>\r\n													<span style="font-family: Arial">\r\n													Where the Bank has reason to \r\n													suspect that a person has \r\n													committed an offence under \r\n													this Act or has been found \r\n													guilty of fraud or \r\n													dishonesty in relation to \r\n													any credit agreement, the \r\n													Bank may conduct \r\n													investigations as it \r\n													considers necessary in \r\n													pursuance of this Act.\r\n													</span></p>\r\n													<p class="Style" style="margin-left: .25pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													Examination by Bank of Ghana\r\n													</span></b></p>\r\n													<p class="Style" style="text-indent: 12.0pt; margin-left: .45pt; margin-right: 1.65pt">\r\n													<b>\r\n													<span style="font-family: Arial">\r\n													9. </span></b>\r\n													<span style="font-family: Arial">\r\n													(1) The Bank may examine the \r\n													books, accounts, documents \r\n													and transactions of a \r\n													lender. </span></p>\r\n													<p class="Style" style="text-indent: 26.85pt; margin-left: .45pt; margin-right: 2.15pt">\r\n													<span style="font-family: Arial">\r\n													(2) The Bank may appoint a \r\n													person to perform the \r\n													function in subsection (1) \r\n													on terms and conditions \r\n													determined by the Bank.\r\n													</span></p>\r\n													<p class="Style" style="text-indent: 26.85pt; margin-left: .45pt; margin-right: 2.15pt">\r\n													<span style="font-family: Arial">\r\n													(3) A person appointed by \r\n													the Bank may make copies or \r\n													take possession of records \r\n													of a lender. </span></p>\r\n													<p class="Style" style="text-align: justify; text-indent: 27.1pt; margin-left: .25pt; margin-right: 2.85pt">\r\n													<span style="font-family: Arial">\r\n													(4) A lender, a borrower, or \r\n													other person shall give the \r\n													Bank access to and shall \r\n													produce books, accounts, \r\n													documents and information \r\n													required to conduct the \r\n													inspection. </span></p>\r\n													<p class="Style" style="text-align: justify; text-indent: 27.1pt; margin-left: .25pt; margin-right: 2.85pt">\r\n													<span style="font-family: Arial">\r\n													(5) A person who fails, \r\n													without reasonable excuse, \r\n													to furnish the Bank with the \r\n													information required commits \r\n													an offence and is liable on \r\n													summary conviction to a fine \r\n													of not more than two \r\n													thousand penalty units or to \r\n													a term of imprisonment of \r\n													not more than four years or \r\n													to both. </span></p></div><div class="Section17">\r\n												<p class="Style" style="text-align: justify; text-indent: 27.1pt">\r\n												<span style="font-family: Arial">\r\n												(6) A person shall not disclose \r\n												information obtained from the \r\n												books produced under this \r\n												section without the previous \r\n												consent in writing of the person \r\n												who has custody or control of \r\n												the books, except to the Bank of \r\n												Ghana and its officers and \r\n												employees, unless the \r\n												publication or disclosure is \r\n												required for the purposes of \r\n												criminal proceedings or other \r\n												action under this Act. </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: .45pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Order for search of premises\r\n												</span></b></p>\r\n												<p class="Style" style="margin-left: 12.95pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												10. </span></b>\r\n												<span style="font-family: Arial">\r\n												Where the Bank has reasonable \r\n												grounds to suspect that </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -17.5pt; 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												an action prohibited by this Act \r\n												has taken place, is taking \r\n												place, or is likely to take \r\n												place on or in the premises;\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 48.0pt; 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												an article connected with an \r\n												investigation into the \r\n												prohibited conduct is in the \r\n												possession of, or under the \r\n												control of, a ,,-. person who is \r\n												on or in the premises; or </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial">\r\n												books, the production of which \r\n												have been requested by the Bank \r\n												and have not been produced in \r\n												compliance with the direction \r\n												are in the possession or under \r\n												the control of a person who is \r\n												on or in the premis&quot;es; </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: 65.25pt; margin-left: .2pt; margin-right: .95pt">\r\n												<span style="font-family: Arial">\r\n												the Bank may apply to court for \r\n												the issue of a warrant \r\n												authorising the Bank or a person \r\n												named in the warrant to enter \r\n												and search the premises. </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -14.85pt; margin-left: 48.2pt; margin-right: 36.2pt">\r\n												<span style="font-family: Arial">\r\n												(2) A person authorised to enter \r\n												and search premises may <i>(a)\r\n												</i>search the premises; </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.75pt; 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												search any person on the \r\n												premises if there are reasonable \r\n												grounds to believe that the \r\n												person has personal possession \r\n												of an article or document that \r\n												has a bearing on the \r\n												investigation; </span></p>\r\n												<p class="Style" style="text-indent: -17.5pt; 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												examine an article or document \r\n												that is on or in the premises \r\n												and has a bearing on the \r\n												investigation; </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial">\r\n												request information about an \r\n												article or document from the \r\n												owner of, or person in control \r\n												of the premises or from a person \r\n												who has control of the article \r\n												or document, or from any other \r\n												person who may have the \r\n												information; </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(e) </span></i>\r\n												<span style="font-family: Arial">\r\n												take extracts from, or make \r\n												copies of, any book or document \r\n												that is on or in the premises \r\n												and has a bearing on the \r\n												investigation; </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(f) </span></i>\r\n												<span style="font-family: Arial">\r\n												use any computer system on the \r\n												premises, or require assistance \r\n												of person on the premises to use \r\n												that computer \r\n												system, to </span></p></div>\r\n												<div class="Section20">\r\n												<p class="Style" style="text-indent: -20.85pt; margin-left: 104.6pt; margin-right: .2pt">\r\n												<span style="font-family: Arial">\r\n												(i) access any data contained in \r\n												or available to that computer \r\n												system; </span></p>\r\n												<p class="Style" style="margin-left: 83.75pt">\r\n												<span style="font-family: Arial">\r\n												(ii) reproduce any record from \r\n												that data; </span></p>\r\n												<p class="Style" style="text-indent: -20.85pt; margin-left: 104.6pt; margin-right: .2pt">\r\n												<span style="font-family: Arial">\r\n												(iii) seize an output from that \r\n												computer for examination and \r\n												copying; and </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -21.1pt; margin-left: 104.85pt; margin-right: .45pt">\r\n												<span style="font-family: Arial">\r\n												(iv) attach, and if necessary, \r\n												remove from the premises for \r\n												examination and safekeeping, any \r\n												item that has a bearing on the \r\n												investigation. </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: .45in; margin-left: .7pt">\r\n												<span style="font-family: Arial">\r\n												(3) The powers conferred under \r\n												subsection (1) are in addition \r\n												to, and not in derogation of, \r\n												any other powers conferred by \r\n												the Criminal Offences Act, 1960 \r\n												(Act 29) or a law related to \r\n												search of premises. </span></p>\r\n												<p class="Style" style="text-indent: .45in; margin-left: 1.2pt; margin-right: .7pt">\r\n												<span style="font-family: Arial">\r\n												(4) In this section &quot;premises&quot; \r\n												includes structure, building, \r\n												place, aircraft, vehicle and \r\n												vessel. </span></p>\r\n												<p class="Style" style="margin-left: .2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Power of Court to make certain \r\n												orders </span></b></p>\r\n												<p class="Style" style="text-indent: 12.7pt; margin-left: .7pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												11. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) Where on the application of \r\n												a person alleging infringement \r\n												under this Act, it appears to a \r\n												court that a person </span></p>\r\n												<p class="Style" style="margin-left: 47.75pt">\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, </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.5pt; margin-left: 65.5pt; margin-right: .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												has contravened the conditions \r\n												or restrictions of a licence or \r\n												a code of conduct issued by or \r\n												with the permission of the Bank, \r\n												or </span></p>\r\n												<p class="Style" style="margin-left: 47.75pt">\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 that, if \r\n												done, would be an offence or\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 65.5pt">\r\n												<span style="font-family: Arial">\r\n												contravention of this Act,\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-left: .7pt; margin-right: .45pt">\r\n												<span style="font-family: Arial">\r\n												the Court may, without \r\n												limitation to any other orders \r\n												it may make, make an order to \r\n												secure compliance with any other \r\n												order under this section, and \r\n												direct a person to do or refrain \r\n												from doing a specified act.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: .45in; margin-left: .7pt">\r\n												<span style="font-family: Arial">\r\n												(2) A person who, without \r\n												reasonable excuse, contravenes \r\n												or fails to comply with an order \r\n												under subsection (1) commits an \r\n												offence and is liable on summary \r\n												conviction to a fine of not more \r\n												than five thousand penalty units \r\n												or to a term of imprisonment of \r\n												not more than ten years or to \r\n												both. </span></p>\r\n												<p class="Style" style="margin-left: .2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Administrative fines </span></b>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: 12.7pt; margin-left: .2pt; margin-right: .2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												12. </span></b>\r\n												<span style="font-family: Arial">\r\n												The Bank may impose an \r\n												administrative fine of not more \r\n												than five thousand penalty units \r\n												and in the case of a continued \r\n												breach an additional fine of not \r\n												more than fifty penalty units \r\n												for each day the breach \r\n												continues. </span></p></div><div class="Section23">\r\n												<p class="Style" style="margin-left: .95pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Right to apply for credit </span>\r\n												</b></p>\r\n												<p class="Style" style="text-indent: 12.45pt; margin-left: 1.2pt; margin-right: 1.2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												13. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) A person who has a legal \r\n												capacity to enter into a \r\n												contract may apply to a lender \r\n												for credit. </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 33.1pt; margin-left: .7pt; margin-right: .95pt">\r\n												<span style="font-family: Arial">\r\n												(2) A lender may refuse to enter \r\n												into a credit agreement with a \r\n												prospective borrower on \r\n												reasonable commercial grounds \r\n												consistent with the lender''s \r\n												customary risk management and \r\n												underwriting practices. </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: 32.6pt; margin-left: .45pt; margin-right: 1.2pt">\r\n												<span style="font-family: Arial">\r\n												(3) This Act does not establish \r\n												a right of a person to require a \r\n												lender to enter into a credit \r\n												agreement with that person.\r\n												</span></p>\r\n												<p class="Style" style="margin-left: .2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Protection against \r\n												discrimination in respect of \r\n												credit </span></b></p>\r\n												<p class="Style" style="text-indent: 12.45pt; margin-left: 1.2pt; margin-right: 1.2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												14. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) A lender shall not \r\n												discriminate against a person on \r\n												the grounds of race, gender, \r\n												ethnicity, political \r\n												affiliation, or religion to\r\n												</span></p>\r\n												<p class="Style" style="text-indent: -17.75pt; margin-left: 65.75pt; 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												assess the ability of the person \r\n												to meet the obligations of a \r\n												proposed credit agreement;\r\n												</span></p>\r\n												<p class="Style" align="center" style="text-align: center; margin-left: 41.5pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												decide whether to refuse an \r\n												application to enter into a \r\n												credit agreement, or to offer or \r\n												enter into a credit agreement;\r\n												</span></p>\r\n												<p class="Style" style="text-indent: -17.75pt; margin-left: 65.75pt; margin-right: 1.4pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial">\r\n												determine an aspect of the cost \r\n												of a credit agreement to the \r\n												borrower; </span></p>\r\n												<p class="Style" style="text-indent: -17.75pt; margin-left: 65.75pt; margin-right: 1.4pt">\r\n												<span style="font-family: Arial">\r\n												(d) propose or agree on the \r\n												terms and conditions of a credit \r\n												agreement; </span></p>\r\n												<p class="Style" style="text-indent: -17.75pt; margin-left: 65.75pt; 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												assess or require compliance by \r\n												the person with the terms of a \r\n												credit agreement; </span></p>\r\n												<p class="Style" style="text-indent: -17.75pt; margin-left: 65.75pt; margin-right: 1.4pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(f) </span></i>\r\n												<span style="font-family: Arial">\r\n												exercise any right of the lender \r\n												under a credit agreement, this \r\n												Act or any legislation relating \r\n												to credit; or </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.5pt; margin-left: 65.5pt; margin-right: 1.65pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(g) </span></i>\r\n												<span style="font-family: Arial">\r\n												determine whether to continue, \r\n												enforce, seek judgment as regard \r\n												a credit agreement or terminate \r\n												a credit agreement. </span></p>\r\n												<p class="Style" style="text-indent: 32.6pt; margin-left: .45pt; margin-right: 1.2pt">\r\n												<span style="font-family: Arial">\r\n												(2) A person aggrieved by a \r\n												decision of a lender may make a \r\n												com­plaint to the Bank for \r\n												redress. </span></p>\r\n												<p class="Style" style="margin-left: .2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Delivery of documents </span>\r\n												</b></p>\r\n												<p class="Style" style="margin-left: 12.7pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												15. </span></b>\r\n												<span style="font-family: Arial">\r\n												A lender shall deliver a \r\n												document required to be \r\n												delivered to a </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial">\r\n												borrower </span></p>\r\n												<p class="Style" style="margin-left: 47.5pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial">\r\n												in person; </span></p>\r\n												<p class="Style" style="margin-left: 47.5pt; margin-right: 211.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												by ordinary mail; <i>(c) </i>by \r\n												facsimile; </span></p>\r\n												<p class="Style" style="margin-left: 47.5pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial">\r\n												by electronic-mail; </span></p>\r\n												</div>\r\n												<div class="Section26">\r\n												<p class="Style"><span style="font-family: Arial">&nbsp;</span><i><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												(e) </span></i>\r\n												<span style="font-family: Arial">\r\n												by printable web-page; or </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: 48.7pt; margin-right: 1.4pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(f) </span></i>\r\n												<span style="font-family: Arial">\r\n												any other means agreed between \r\n												the lender and the borrower.\r\n												</span></p>\r\n												<p class="Style" style="margin-left: .95pt; margin-right: 1.2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Protection of borrower credit \r\n												rights </span></b></p>\r\n												<p class="Style" style="text-indent: 12.7pt; margin-left: .2pt; margin-right: 3.1pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												16. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) A lender shall not in \r\n												response to a borrower''s \r\n												exercise of a right under this \r\n												Act </span></p>\r\n												<p class="Style" style="margin-left: 48.7pt; 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												penalise the borrower; </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.45pt; margin-right: 2.4pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												alter, or propose to alter the \r\n												terms or conditions of a credit \r\n												agreement with the borrower to \r\n												the detriment of the borrower; \r\n												or </span></p>\r\n												<p class="Style" style="text-indent: -17.75pt; margin-left: 66.7pt; 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												take an action to accelerate, \r\n												enforce, suspend or terminate a \r\n												credit agreement with the \r\n												borrower. </span></p>\r\n												<p class="Style" style="text-indent: -15.1pt; margin-left: 49.2pt; margin-right: 2.6pt">\r\n												<span style="font-family: Arial">\r\n												(2) Where a credit agreement or \r\n												the provision of a credit \r\n												agreement is <i>(a) </i>declared \r\n												unlawful, or </span></p>\r\n												<p class="Style" style="margin-left: 48.7pt; 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												severed from the agreement\r\n												the lender in that agreement \r\n												shall not, in response to that \r\n												decision \r\n												</span></p>\r\n												<p class="Style" style="margin-left: 48.7pt; margin-right: 1.4pt">\r\n												<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (i) alter the terms or \r\n												conditions of other credit \r\n												agreement with a party to the \r\n												impugned agreement, except to \r\n												the extent necessary to correct \r\n												a similarly - unlawful \r\n												provision; or </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -20.6pt; margin-left: 106.05pt; margin-right: 1.2pt">\r\n												<span style="font-family: Arial">\r\n												(ii) take an action to \r\n												accelerate, enforce, suspend or \r\n												terminate another credit \r\n												agreement with another party to \r\n												the impugned agreement. </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: .95pt; margin-right: 1.2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Confidentiality, personal \r\n												information and borrower credit \r\n												records </span></b></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 12.7pt; margin-left: 1.9pt; margin-right: 1.2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												17. </span></b>\r\n												<span style="font-family: Arial">\r\n												A lender or a person who acts on \r\n												behalf of a lender shall not \r\n												disclose information obtained \r\n												from a borrower unless the \r\n												information is required under \r\n												the Credit Reporting Act, 2007 \r\n												(Act 726) under any other law or \r\n												by a court. </span></p>\r\n												<p class="Style" style="text-indent: 123.1pt; margin-left: 2.35pt; margin-right: 124.1pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												Disclosure of information </span>\r\n												</i><b>\r\n												<span style="font-family: Arial">\r\n												Pre-agreement disclosure </span>\r\n												</b></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 12.7pt; margin-left: 2.1pt; margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												18. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) A lender shall not conclude \r\n												a credit agreement with a \r\n												prospective borrower unless the \r\n												lender provides the prospective \r\n												borrower with a pre­agreement \r\n												statement and quotation in the \r\n												form specified in the Schedule.\r\n												</span></p>\r\n												<p class="Style" style="text-indent: -15.1pt; margin-left: 51.05pt; margin-right: 110.45pt">\r\n												<span style="font-family: Arial">\r\n												(2) A pre-agreement statement \r\n												shall specify </span></p>\r\n												<p class="Style" style="text-indent: -15.1pt; margin-left: 51.05pt; margin-right: 110.45pt">\r\n												<span style="font-family: Arial">&nbsp;<i>&nbsp;&nbsp;&nbsp;&nbsp; (a) </i>the \r\n												principal amount; </span></p>\r\n												<p class="Style" style="margin-left: 51.05pt; margin-right: 4.1pt">\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 proposed disbursement \r\n												schedule of the principal debt;</span></p>\r\n												<p class="Style" style="margin-left: 51.05pt; margin-right: 4.1pt">\r\n												<span style="font-family: Arial">\r\n												&nbsp;<i>(c) </i>the interest rate;\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 48.45pt">\r\n												<i>\r\n												<span style="font-family: Arial">(d) \r\n												</span></i>\r\n												<span style="font-family: Arial">other credit costs; \r\n												</span></p>\r\n												<p class="Style" style="margin-left: 48.0pt; margin-right: 26.6pt">\r\n												<i>\r\n												<span style="font-family: Arial">(e) \r\n												</span></i>\r\n												<span style="font-family: Arial">the total amount involved in the \r\n												proposed agreement, </span></p>\r\n												<p class="Style" style="margin-left: 48.0pt; margin-right: 26.6pt">\r\n												<span style="font-family: Arial">\r\n												<i>(f) </i>the proposed repayment schedule; \r\n												and </span></p>\r\n												<p class="Style" style="text-indent: -17.5pt; margin-left: 66.0pt; margin-right: .7pt">\r\n												<i>\r\n												<span style="font-family: Arial">(g) \r\n												</span></i>\r\n												<span style="font-family: Arial">the basis of any cost that may \r\n												be assessed if the borrower \r\n												breaches the contract. </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: 32.85pt; margin-left: .2pt; margin-right: 1.4pt">\r\n												<span style="font-family: Arial">(3) A lender who contravenes \r\n												this section is liable to an \r\n												administra­tive sanction imposed \r\n												by the Bank. </span></p>\r\n												<p class="Style" style="text-indent: 32.85pt; margin-left: .2pt; margin-right: 1.4pt">\r\n												<span style="font-family: Arial">(4) In furtherance of subsection \r\n												(3), a borrower may sue a lender \r\n												for damages for loss suffered as \r\n												a result of the contravention.\r\n												</span></p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial">Marketing information\r\n												</span></b></p>\r\n												<p class="Style" style="margin-left: 13.2pt">\r\n												<b>\r\n												<span style="font-family: Arial">19. \r\n												</span></b>\r\n												<span style="font-family: Arial">(1) Any written solicitation to \r\n												induce a person to apply for or\r\n												</span></p>\r\n												<p class="Style" style="margin-left: .45pt">\r\n												<span style="font-family: Arial">obtain credit shall include\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-left: 48.2pt; margin-right: 73.65pt">\r\n												<i>\r\n												<span style="font-family: Arial">(a) \r\n												</span></i>\r\n												<span style="font-family: Arial">the name and business address of \r\n												the lender; </span></p>\r\n												<p class="Style" style="text-align: justify; margin-left: 48.2pt; margin-right: 73.65pt">\r\n												<span style="font-family: Arial">\r\n												<i>(b) </i>the \r\n												nature of the proposed credit \r\n												agreement; </span></p>\r\n												<p class="Style" style="margin-left: 48.45pt">\r\n												<i>\r\n												<span style="font-family: Arial">(c) \r\n												</span></i>\r\n												<span style="font-family: Arial">the lender''s current annual \r\n												interest rate and other costs of\r\n												credit</span></p>\r\n												<p class="Style" style="margin-left: 48.45pt">\r\n												<i>\r\n												<span style="font-family: Arial">(d) \r\n												</span></i>\r\n												<span style="font-family: Arial">whether deposit or security is \r\n												required; </span></p>\r\n												<p class="Style" style="margin-left: 48.45pt; margin-right: 84.0pt">\r\n												<i>\r\n												<span style="font-family: Arial">(e) \r\n												</span></i>\r\n												<span style="font-family: Arial">whether residual payment will be \r\n												required; </span></p>\r\n												<p class="Style" style="margin-left: 48.45pt; margin-right: 84.0pt">\r\n												<span style="font-family: Arial">\r\n												<i>(g) </i>whether \r\n												other restrictions apply; and\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 48.45pt">\r\n												<i>\r\n												<span style="font-family: Arial">(h) \r\n												</span></i>\r\n												<span style="font-family: Arial">any other information determined \r\n												by the Bank. </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 32.6pt; margin-left: .95pt; margin-right: .7pt">\r\n												<span style="font-family: Arial">(2) A person who makes an oral \r\n												solicitation to induce a person \r\n												to apply for or obtain credit \r\n												shall provide a written \r\n												statement which con­tains the \r\n												information set out in \r\n												subsection (1). </span></p>\r\n												<p class="Style" style="text-indent: 106.8pt; margin-left: .45pt; margin-right: 108.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">Repayment and recovery of debt&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span></i><b>\r\n												<span style="font-family: Arial">Borrower''s or guarantor''s \r\n												obligations </span></b></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 11.5pt; margin-left: .95pt; margin-right: .45pt">\r\n												<b>\r\n												<span style="font-family: Arial">20. \r\n												</span></b>\r\n												<span style="font-family: Arial">(1) A borrower or guarantor may \r\n												settle the credit amount at any \r\n												time, subject to notice \r\n												requirements as the conditions \r\n												provided for in a credit \r\n												agreement. </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 32.6pt; margin-left: .95pt; margin-right: .7pt">\r\n												<span style="font-family: Arial">(2) A credit agreement may \r\n												provide for the terms and \r\n												conditions of any prepayment and \r\n												the order in which advance \r\n												payments are to be applied;\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 34.05pt">\r\n												<span style="font-family: Arial">(3) Unless otherwise agreed by \r\n												the parties, the amount required \r\n												to </span></p>\r\n												<p class="Style" style="text-indent: -47.75pt; margin-left: 48.95pt; margin-right: 176.85pt">\r\n												<span style="font-family: Arial">settle a debt agreement is the \r\n												total of </span></p>\r\n												<p class="Style" style="text-indent: -47.75pt; margin-left: 48.95pt; margin-right: 176.85pt">\r\n												<span style="font-family: Arial">&nbsp;<i>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) \r\n												</i>the \r\n												principal amount; </span></p>\r\n												<p class="Style" style="margin-left: 48.45pt">\r\n												<i>\r\n												<span style="font-family: Arial">(b) \r\n												</span></i>\r\n												<span style="font-family: Arial">the accrued interest charges;\r\n												</span></p>\r\n												<p class="Style" style="text-indent: -17.5pt; margin-left: 66.0pt; margin-right: .7pt">\r\n												<i>\r\n												<span style="font-family: Arial">(c) \r\n												</span></i>\r\n												<span style="font-family: Arial">a prepayment charge, if any, \r\n												agreed between the borrower and \r\n												the lender; and </span></p></div><div class="Section31">\r\n												<p class="Style">\r\n												<span style="font-family: Arial">\r\n												&nbsp;</span><i><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												(d) </span></i>\r\n												<span style="font-family: Arial">the other fees and charges \r\n												payable by the borrower to the \r\n												lender up to the date for \r\n												settlement. </span>\r\n												<p class="Style" style="margin-left: .95pt; margin-right: 3.15pt">\r\n												<span style="font-family: Arial">(4) Subject to notice \r\n												requirements provided in a \r\n												credit agreement, a lender shall \r\n												accept any payment under a \r\n												credit agreement when it is \r\n												tendered, even if that is before \r\n												the date on which the payment is \r\n												due. (5) A lender shall credit \r\n												each payment made under a credit \r\n												agree­ment to the borrower as of \r\n												the date of receipt of the \r\n												payment.&nbsp;&nbsp;&nbsp;\r\n												</span></p>\r\n												<p class="Style" style="margin-left: .95pt; margin-right: 3.15pt">\r\n												<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												</span><i>\r\n												<span style="font-family: Arial">Collateral registry and \r\n												registration of charge</span></i></p>\r\n												<p class="Style" style="margin-left: .95pt; margin-right: 3.15pt">\r\n												<b>\r\n												<span style="font-family: Arial">Collateral Registry \r\n												</span></b></p>\r\n												<p class="Style" style="text-indent: 11.5pt; margin-left: 1.9pt; margin-right: 9.4pt">\r\n												<b>\r\n												<span style="font-family: Arial">21. \r\n												</span></b>\r\n												<span style="font-family: Arial">There is established by this Act \r\n												a registry known as the \r\n												Collateral Registry. </span></p>\r\n												<p class="Style" style="margin-left: 2.85pt; margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">Object ofthe Registry\r\n												</span></b></p>\r\n												<p class="Style" style="text-indent: 11.5pt; margin-left: 2.85pt; margin-right: 1.7pt">\r\n												<b>\r\n												<span style="font-family: Arial">22. \r\n												</span></b>\r\n												<span style="font-family: Arial">The object of the Registry is to \r\n												register charges and collaterals \r\n												created by borrowers to secure \r\n												credit facilities provided by \r\n												lenders. </span></p>\r\n												<p class="Style" style="margin-left: 2.85pt; margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">Functions of the Registry \r\n												</span></b></p>\r\n												<p class="Style" style="text-indent: 11.5pt; margin-left: 2.85pt; margin-right: 1.7pt">\r\n												<b>\r\n												<span style="font-family: Arial">23. \r\n												</span></b>\r\n												<span style="font-family: Arial">The Registry shall register \r\n												charges and collateral perform \r\n												other functions are determined \r\n												by the Bank. </span></p>\r\n												<p class="Style" style="margin-left: 2.85pt; margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">Appointment of collateral \r\n												Registrar </span></b></p>\r\n												<p class="Style" style="text-indent: 11.5pt; margin-left: 2.85pt; margin-right: 1.7pt">\r\n												<b>\r\n												<span style="font-family: Arial">24. \r\n												</span></b>\r\n												<span style="font-family: Arial">The Bank shall appoint a \r\n												Registrar of charges and \r\n												collateral on terms and \r\n												conditions specified in the \r\n												letter of appointment. </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: 2.85pt; margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">Registration of charges \r\n												</span></b></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 11.25pt; margin-left: 3.8pt; margin-right: .75pt">\r\n												<b>\r\n												<span style="font-family: Arial">25. \r\n												</span></b>\r\n												<span style="font-family: Arial">(1) A borrower or a person \r\n												interested in a charge shall \r\n												register a certified copy of a \r\n												charge or collateral created by \r\n												the borrower in favour of a \r\n												lender with the Collateral \r\n												Registry within twenty-eight \r\n												days after the date of the \r\n												creation of the collateral or \r\n												charge. </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 32.6pt; margin-left: 3.8pt; margin-right: .25pt">\r\n												<span style="font-family: Arial">(2) Where a charge is created by \r\n												a company, the requirement to \r\n												register charges with the \r\n												Collateral Registry under this \r\n												section shall be in addition to \r\n												the requirement under section \r\n												107 of the Companies Act, 1963 \r\n												(Act 179) to register charges \r\n												with the Registrar of Companies.\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 32.6pt; margin-left: 3.8pt; margin-right: .25pt">\r\n												<span style="font-family: Arial">(3) A charge which is not \r\n												registered in accordance with \r\n												subsec­tion (1) is of no effect \r\n												as security for a borrower''s \r\n												obligations for repay­ment of \r\n												the money secured and the money \r\n												secured shall immediately become \r\n												payable despite any provision to \r\n												the contrary in any contract.\r\n												</span></p></div><div class="Section35">\r\n												<p class="Style" style="margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Procedure on registration </span>\r\n												</b></p>\r\n												<p class="Style" style="text-indent: -36.2pt; margin-left: 48.0pt; margin-right: 51.65pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												26. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) The Collateral Registrar \r\n												shall specify in the register <i>\r\n												(a) </i>the name of the \r\n												borrower; </span></p>\r\n												<p class="Style" style="margin-left: 48.0pt; margin-right: .05pt">\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 name of the lender; </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: 48.0pt; margin-right: .05pt">\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 nature of the charge; </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-left: 48.0pt; margin-right: 127.45pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial">\r\n												the date of creation of the \r\n												charge; <i>(e) </i>the amount \r\n												secured by the charge, </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: 48.0pt; margin-right: .05pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(f) </span></i>\r\n												<span style="font-family: Arial">\r\n												short particulars of the \r\n												property charged; and </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: -.25in; margin-left: 66.2pt; margin-right: 1.45pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(g) </span></i>\r\n												<span style="font-family: Arial">\r\n												in the case of a floating \r\n												charge, the nature of any \r\n												restriction on the power of the \r\n												borrower or chargor to grant \r\n												further charges that rank in \r\n												priority to or with the charge \r\n												created. </span></p>\r\n												<p class="Style" style="margin-left: 33.6pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												(2) This section does not affect \r\n												the provisions of other \r\n												enactment </span></p>\r\n												<p class="Style" style="margin-left: 1.4pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												related to the registration of \r\n												charges. </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 32.85pt; margin-left: .7pt; margin-right: 1.45pt">\r\n												<span style="font-family: Arial">\r\n												(3) In furtherance of this \r\n												section, the Registrar shall \r\n												keep, with respect to each \r\n												borrower; a register of the \r\n												particulars of the charge \r\n												delivered for registration.\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 35.75pt; margin-left: .95pt; margin-right: .25pt">\r\n												<span style="font-family: Arial">\r\n												(4) The Registrar shall issue a \r\n												certificate of the registration \r\n												of particulars of any charge \r\n												registered to the borrower.\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 32.6pt; margin-left: 1.4pt; margin-right: 1.0pt">\r\n												<span style="font-family: Arial">\r\n												(5) The certificate shall be \r\n												evidence in the absence ofa copy \r\n												of the document on the charge.\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 1.2pt; margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Registration of satisfaction of \r\n												debt </span></b></p>\r\n												<p class="Style" style="text-indent: 11.5pt; margin-left: 1.4pt; margin-right: 1.0pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												27. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) The Registrar shall, on \r\n												application in the prescribed \r\n												form and on proof of </span></p>\r\n												<p class="Style" style="text-indent: -17.75pt; margin-left: 66.95pt; margin-right: 1.0pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial">\r\n												payment in whole or in part for \r\n												the debt for which the charge \r\n												was created, or </span></p>\r\n												<p class="Style" style="text-indent: 48.0pt; margin-left: 1.4pt; 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												the release of the whole or part \r\n												of the property charged, enter a \r\n												memorandum of release of debt in \r\n												the Register and furnish the \r\n												borrower with a copy of the \r\n												memorandum. </span></p>\r\n												<p class="Style" style="text-indent: 32.6pt; margin-left: 1.4pt; margin-right: 1.0pt">\r\n												<span style="font-family: Arial">\r\n												(2) The memorandum shall specify \r\n												whether the charge is released \r\n												in whole or in part. </span></p>\r\n												<p class="Style" style="margin-left: 1.2pt; margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Expiry </span></b>\r\n												<span style="font-family: Arial">\r\n												of time <b>for registration </b>\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 1.4pt; margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												28. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) The Registrar may accept for \r\n												registration particulars of a \r\n												charge submitted later than the \r\n												time specified in section 25 on \r\n												satisfaction that </span></p>\r\n												<p class="Style" style="margin-left: 1.4pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">&nbsp;<i>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (a) </i>the \r\n												failure to register particulars \r\n												of the charge within the \r\n												specified time shall not \r\n												prejudice the position of \r\n												creditors or shareholders of the \r\n												borrower, or </span></p>\r\n												</div><div class="Section38">\r\n												<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 65.5pt; margin-right: 3.65pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												it is just and equitable to \r\n												allow the registration on terms \r\n												that the Registrar considers \r\n												just and expedient to extend the \r\n												time for registration. </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: 33.35pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												(2) The extension of time for \r\n												registration of charge </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 65.5pt; margin-right: 3.65pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial">\r\n												shall not, unless otherwise \r\n												decided by a court adversely \r\n												affect the right of a person \r\n												who, prior to the date of actual \r\n												registration of particulars of \r\n												the charge, may have acquired \r\n												proprietary rights in, or a \r\n												fIxed or floating charge on, the \r\n												property subject to the charge, \r\n												and </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 65.5pt; margin-right: 3.65pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												is of no effect against a \r\n												liquidator, offIcial trustee, \r\n												and creditors of the borrower, \r\n												if insolvency or winding-up \r\n												proceedings that affect the \r\n												borrower commences before the \r\n												date of actual registration of \r\n												the charge. </span></p>\r\n												<p class="Style" style="margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Appointment of receiver or \r\n												manager </span></b></p>\r\n												<p class="Style" style="text-indent: -36.2pt; margin-left: 48.2pt; margin-right: 81.15pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												29. </span></b>\r\n												<span style="font-family: Arial">\r\n												A lender in whose favour a \r\n												charge is created may <i>(a) </i>\r\n												appoint a receiver or manager, \r\n												or </span></p>\r\n												<p class="Style" style="text-indent: -17.5pt; margin-left: 66.45pt; 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												apply to court for the \r\n												appointment of a receiver or \r\n												manager to </span></p>\r\n												<p class="Style" style="margin-left: 84.0pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												(i) take possession of and \r\n												protect the property, </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -20.85pt; margin-left: 104.85pt; margin-right: 1.7pt">\r\n												<span style="font-family: Arial">\r\n												(ii) receive the rents and \r\n												profIts and discharge the \r\n												outgoings of the property, or\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 84.0pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												(ii) realise the security on \r\n												behalf of the lender. </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -12.45pt; margin-left: 12.7pt; margin-right: 97.0pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Registration of appointment or \r\n												removal of receiver 30. </span>\r\n												</b>\r\n												<span style="font-family: Arial">\r\n												(1) A person who </span></p>\r\n												<p class="Style" style="margin-left: 48.45pt; 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												appoints a receiver or manager,\r\n												</span></p>\r\n												<p class="Style" style="text-indent: -17.5pt; margin-left: 66.45pt; 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												obtains an order for the \r\n												appointment of a receiver or \r\n												manager, or </span></p>\r\n												<p class="Style" style="text-indent: -17.5pt; margin-left: 66.45pt; margin-right: .5pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial">\r\n												enters into possession of the \r\n												property under the powers \r\n												contained in a charge, </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: .95pt; margin-right: .25pt">\r\n												<span style="font-family: Arial">\r\n												shall, within ten days after the \r\n												date of the appointment, order \r\n												or entry into possession give \r\n												notice of the fact to the \r\n												Registrar. </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 33.6pt; margin-left: .2pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												(2) The Registrar shall enter \r\n												the notice of appointment of \r\n												receiver or manager in the \r\n												register of the particulars of \r\n												charges relating to the \r\n												borrower. </span></p>\r\n												<p class="Style" style="margin-left: 33.35pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												(3) Where a </span></p>\r\n												<p class="Style" style="text-indent: -17.5pt; margin-left: 66.45pt; 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												person appointed receiver of the \r\n												property of the lender ceases to \r\n												act as receiver or manager, or\r\n												</span></p>\r\n												</div><div class="Section41">\r\n												<p class="Style" style="margin-left: 48.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												person who has entered into \r\n												possession goes out of \r\n												possession </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-left: .45pt">\r\n												<span style="font-family: Arial">\r\n												the lender shall, within ten \r\n												days of the occurrence'' of the \r\n												events in paragraph <i>(a) </i>\r\n												or <i>(b), </i>give notice to \r\n												that effect in the prescribed \r\n												form to the Registrar who shall \r\n												enter the notice in the register \r\n												of particulars of charges.\r\n												</span></p>\r\n												<p class="Style" style="text-indent: 32.6pt; margin-left: .45pt; margin-right: 1.65pt">\r\n												<span style="font-family: Arial">\r\n												(4) A person who fails to give \r\n												notice under this section \r\n												commits an offence and is liable \r\n												on summary conviction to </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -17.25pt; margin-left: 66.0pt; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial">\r\n												in the case of an entity, a fine \r\n												of not more than one thousand \r\n												penalty units, or </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.5pt; margin-left: 66.0pt; 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												in the case of an individual, \r\n												two hundred and fifty penalty \r\n												units or to a term of \r\n												imprisonment of not less than \r\n												two years or to both. </span>\r\n												</p>\r\n												<p class="Style"><b>\r\n												<span style="font-family: Arial">\r\n												Notices to be published in \r\n												Gazette </span></b></p>\r\n												<p class="Style" style="text-indent: 11.75pt; margin-left: .7pt; margin-right: 1.9pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												31. </span></b>\r\n												<span style="font-family: Arial">\r\n												The Registrar shall cause a copy \r\n												of the notice given under \r\n												section 30 to be published in \r\n												the <i>Gazette. </i></span></p>\r\n												<p class="Style" style="text-indent: 11.75pt; margin-left: .7pt; margin-right: 1.9pt">\r\n												<i>\r\n												<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												Enforcement of borrower''s \r\n												obligations </span></i></p>\r\n												<p class="Style" style="text-indent: 11.75pt; margin-left: .7pt; margin-right: 1.9pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Default in payment </span></b>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: 12.0pt; margin-left: .45pt; margin-right: 1.2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												32. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) Where a borrower fails to \r\n												make payment on the due date for \r\n												a payment, the lender shall give \r\n												notice of default to the \r\n												borrower in writing and request \r\n												the borrower to pay the amount \r\n												due within thirty days. </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -14.85pt; margin-left: 48.45pt; margin-right: 138.95pt">\r\n												<span style="font-family: Arial">\r\n												(2) The lender may send the \r\n												notice by <i>(a) </i>hand,\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 48.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												courier service, </span></p>\r\n												<p class="Style" style="margin-left: 48.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial">\r\n												registered mail, or </span></p>\r\n												<p class="Style" style="text-indent: -17.25pt; margin-left: 66.0pt; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(d) </span></i>\r\n												<span style="font-family: Arial">\r\n												other means determined by the \r\n												lender in consultation with the \r\n												borrower. </span></p>\r\n												<p class="Style" style="margin-left: 36.7pt">\r\n												<span style="font-family: Arial">\r\n												(3) Where the notice is \r\n												delivered </span></p>\r\n												<p class="Style" style="text-indent: -17.25pt; margin-left: 66.0pt; margin-right: .95pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial">\r\n												by hand, it shall take effect on \r\n												the date it is received by or on \r\n												behalf of the borrower; and\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.5pt; margin-left: 66.0pt; 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 courier service or registered \r\n												mail, it shall take effect on \r\n												the day it is officially \r\n												recorded as delivered by return \r\n												receipt </span></p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; or its \r\n												equivalent. \r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n												. </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 32.85pt; margin-left: .95pt; margin-right: 1.2pt">\r\n												<span style="font-family: Arial">\r\n												(3) If a borrower fails to payor \r\n												make satisfactory arrangements \r\n												to pay the amount outstanding to \r\n												the lender within thirty days \r\n												after the date of receipt of the \r\n												notice, the lender may enforce \r\n												the rights provided for under \r\n												this Act. </span></p>\r\n												</div><div class="Section44">\r\n												<p class="Style" style="margin-left: .95pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Remedies of lender on default\r\n												</span></b></p>\r\n												<p class="Style" style="text-indent: 11.75pt; margin-left: .7pt; margin-right: 3.8pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												33. </span></b>\r\n												<span style="font-family: Arial">\r\n												Where a borrower fails to pay an \r\n												amount secured by a charge under \r\n												this Act, the lender may </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -17.5pt; margin-left: 65.0pt; margin-right: 3.35pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial">\r\n												sue the borrower on any covenant \r\n												to perform under the credit \r\n												agreement, or </span></p>\r\n												<p class="Style" style="text-indent: -17.5pt; margin-left: 65.0pt; margin-right: 3.35pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												realise the security in the \r\n												property charged on notice to \r\n												the person in possession of the \r\n												property. </span></p>\r\n												<p class="Style" style="margin-left: .2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Lender''s right to possession\r\n												</span></b></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 11.75pt; margin-left: .7pt; margin-right: 1.65pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												34. (1) In </span></b>\r\n												<span style="font-family: Arial">\r\n												the exercise ofright of \r\n												possession of property that is \r\n												subject to a charge to secure a \r\n												borrower''s obligations under a \r\n												credit agreement, a lender is \r\n												not obliged to initiate \r\n												proceedings in court to enforce \r\n												the right of possession. </span>\r\n												</p>\r\n												<p class="Style">\r\n												<span style="font-family: Arial">\r\n												&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Where a \r\n												lender is unable to enforce a \r\n												right of possession in </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; margin-left: .45pt; margin-right: 1.2pt">\r\n												<span style="font-family: Arial">\r\n												a peaceable manner, the lender \r\n												may use the services of the \r\n												police to evict the borrower or \r\n												other person in possession \r\n												pursuant to a warrant issued by \r\n												a court. </span></p>\r\n												<p class="Style" style="margin-left: 33.1pt">\r\n												<span style="font-family: Arial">\r\n												(3) A person who </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.75pt; margin-left: 66.0pt; margin-right: 1.9pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial">\r\n												fails without reasonable excuse, \r\n												to vacate premises being \r\n												foreclosed by a lender under \r\n												subsection (1) when duly \r\n												requested to do so, or </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: 48.2pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												obstructs a lender in the lawful \r\n												exercise of power conferred\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 66.0pt">\r\n												<span style="font-family: Arial">\r\n												on the lender by this section,\r\n												</span></p>\r\n												<p class="Style" style="text-align: justify; margin-left: .45pt; margin-right: 1.2pt">\r\n												<span style="font-family: Arial">\r\n												commits an offence and is liable \r\n												on summary conviction to a fine \r\n												of not more than five hundred \r\n												penalty units or to a term of \r\n												imprisonment of not more than \r\n												six months or to both; and in \r\n												the case of a continuing \r\n												offence, to a further fine not \r\n												exceeding fifty penalty units in \r\n												respect of any day on which the \r\n												offence continues. </span></p>\r\n												<p class="Style" style="margin-left: .2pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Mortgages </span></b></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 11.75pt; margin-left: .7pt; margin-right: 1.65pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												35. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) The Mortgages Act, 1972 \r\n												(NRCD 96) does not apply to the \r\n												rights of a lender under this \r\n												Act in the event of default on \r\n												the part of a borrower. </span>\r\n												</p>\r\n												<p class="Style" style="text-align: justify; text-indent: .45in; margin-left: 1.9pt">\r\n												<span style="font-family: Arial">\r\n												(2) Where there is a conflict \r\n												between the provisions of this \r\n												Act and the provisions of the \r\n												Mortgages Act or other laws or \r\n												rules applicable to the \r\n												enforcement of a lender''s \r\n												rights, the provisions of this \r\n												Act shall prevail. </span></p></div><div class="Section47">\r\n												<p class="Style" style="margin-left: .25pt; margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Annual report </span></b></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 12.0pt; margin-left: .25pt; margin-right: .75pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												36. </span></b>\r\n												<span style="font-family: Arial">\r\n												(1) The Bank shall, within six \r\n												months after the expiration of \r\n												each financial year, submit to \r\n												the Minister an annual report on \r\n												the adminis­tration of this Act.\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 33.1pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												(2) The annual report shall \r\n												include </span></p>\r\n												<p class="Style" style="text-align: justify; margin-left: 48.25pt; margin-right: 45.65pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(a) </span></i>\r\n												<span style="font-family: Arial">\r\n												a record of violations and \r\n												remedial actions taken, <i>(b)\r\n												</i>volumes of different types \r\n												of credit products, and </span>\r\n												</p>\r\n												<p class="Style" style="text-indent: -.25in; margin-left: 66.25pt; margin-right: .75pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(c) </span></i>\r\n												<span style="font-family: Arial">\r\n												proposals for ongoing \r\n												improvement for the effective \r\n												administration of this Act.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Regulations </span></b></p>\r\n												<p class="Style" style="text-align: justify; text-indent: 12.0pt; margin-right: .75pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												37. </span></b>\r\n												<span style="font-family: Arial">\r\n												The Minister may, in \r\n												consultation with the Bank, by \r\n												Legislative Instrument make \r\n												Regulations for the effective \r\n												implementation of this Act.\r\n												</span></p>\r\n												<p class="Style" style="margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												Interpretation </span></b></p>\r\n												<p class="Style" style="margin-left: 12.0pt; margin-right: .05pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												38. </span></b>\r\n												<span style="font-family: Arial">\r\n												In this Act, unless the context \r\n												otherwise requires </span></p>\r\n												<p class="Style" style="margin-left: 48.7pt; margin-right: .75pt">\r\n												<span style="font-family: Arial">\r\n												&quot;Bank&quot; means the Bank of Ghana \r\n												continued in existence in \r\n												section 1 of the Bank of Ghana \r\n												Act, 2002 (Act 612); &quot;borrower&quot; \r\n												means a person who has concluded \r\n												a credit agreement with a \r\n												lender; </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.5pt; margin-left: 66.2pt; margin-right: .25pt">\r\n												<span style="font-family: Arial">\r\n												&quot;charge&quot; means charge, mortgage, \r\n												security, interest, lien, \r\n												pledge, assignment by way of \r\n												security, covenant, restriction, \r\n												reservation, lease, trust, \r\n												order, decree, judgment, title \r\n												defect (including retention of \r\n												title claim), or any other \r\n												encumbrance of any nature other \r\n												than liens arising by operation \r\n												of law; </span></p>\r\n												<p class="Style" style="margin-left: 48.7pt; margin-right: .75pt">\r\n												<span style="font-family: Arial">\r\n												&quot;chargor&quot; means a lender in \r\n												whose favour a charge is \r\n												created; &quot;lender&quot; means a person \r\n												who, as part of business, \r\n												advances loans and other credit \r\n												facilities including micro \r\n												credit facilities; </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -17.5pt; margin-left: 66.2pt; margin-right: .25pt">\r\n												<span style="font-family: Arial">\r\n												&quot;person&quot; includes an individual, \r\n												a company, a partnership, an \r\n												association, and any other group \r\n												of persons acting in concert, \r\n												whether incorporated or not;\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 48.7pt; margin-right: .75pt">\r\n												<span style="font-family: Arial">\r\n												&quot;premises&quot; includes any \r\n												building, structure, land or \r\n												other place; &quot;prescribed&quot; means \r\n												prescribed by Regulations, \r\n												Rules, Notices, or directives \r\n												made or issued under this Act;\r\n												</span></p></div><div class="Section50">\r\n												<p class="Style" style="text-indent: -17.5pt; margin-left: 65.95pt; margin-right: 4.35pt">\r\n												<span style="font-family: Arial">\r\n												&quot;property&quot; includes movable and \r\n												immovable property and choses in \r\n												action; </span></p>\r\n												<p class="Style" style="margin-left: 50.35pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												&quot;receiver&quot; means a person \r\n												appointed as receiver in \r\n												accordance </span></p>\r\n												<p class="Style" style="margin-left: 66.45pt; margin-right: 3.15pt">\r\n												<span style="font-family: Arial">\r\n												with the provisions of this Act, \r\n												including a receiver and manager \r\n												or similar officer; </span></p>\r\n												<p class="Style" style="margin-left: 50.35pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												&quot;Registrar&quot; means the Registrar \r\n												of Collateral appointed under\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 69.05pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												section 24 of this Act; </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: 50.35pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												&quot;significant shareholding&quot; means \r\n												a dir~ct or indirect holding\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 69.05pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												in a non-bank financial \r\n												institution </span></p>\r\n												<p class="Style" style="margin-left: 50.35pt; 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												which represents ten per cent or \r\n												more of the capital or of </span>\r\n												</p>\r\n												<p class="Style" style="margin-left: 69.05pt; margin-right: .05pt">\r\n												<span style="font-family: Arial">\r\n												the voting right, or </span></p>\r\n												<p class="Style" style="text-align: justify; text-indent: -.25in; margin-left: 69.8pt; margin-right: .05pt">\r\n												<i>\r\n												<span style="font-family: Arial">\r\n												(b) </span></i>\r\n												<span style="font-family: Arial">\r\n												which makes it possible to \r\n												exercise a significant influence \r\n												over the management of the \r\n												institution in which a holding\r\n												subsists. \r\n												</span></p>\r\n												</div><div class="Section53">\r\n												<p class="Style" style="margin-left: 141.05pt; margin-right: 1.25pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												SCHEDULE </span></b></p>\r\n												<p class="Style" style="text-indent: -63.1pt; margin-left: 94.5pt; margin-right: 1.25pt">\r\n												<b>\r\n												<span style="font-family: Arial">\r\n												PRE-AGREEMENT TRUTH IN LENDING \r\n												DISCLOSURE STATEMENT: SECTION 18 \r\n												(1) </span></b></p>\r\n												<p class="Style" style="margin-left: 40.0pt; margin-right: 1.25pt">\r\n												<span style="font-family: Arial">\r\n												(This is neither a Contract nor \r\n												a commitment to Lend) </span>\r\n												</div>\r\n												<span style="font-size: 12.0pt; font-family: Arial">\r\n												<br clear="all" style="page-break-before: auto">\r\n&nbsp;</span><div class="Section55">\r\n												<p class="Style" style="margin-left: 24.95pt; margin-right: 3.1pt">\r\n												<span style="font-family: Arial">\r\n												Lender''s Name: </span></p>\r\n												<p class="Style" style="margin-left: 24.95pt; margin-right: 3.1pt">\r\n												<span style="font-family: Arial">\r\n												Applicant:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												Prepared By: </span></p>\r\n												<p class="Style" style="margin-left: 24.95pt">\r\n												<span style="font-family: Arial">\r\n												Address: </span></p>\r\n												<p class="Style" style="margin-left: 24.95pt">\r\n												<span style="font-family: Arial">\r\n												Application No:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												Date Prepared: </span></p>\r\n												<span style="font-size: 12.0pt; font-family: Arial">\r\n												<br clear="all">\r\n&nbsp;</span><p class="Style"><span style="font-family: Arial">&nbsp;</span></p>\r\n												<p class="Style" style="margin-left: .25pt">\r\n												</div>\r\n												<span style="font-size: 12.0pt; font-family: Arial">\r\n												<br clear="all" style="page-break-before: auto">\r\n&nbsp;</span><div class="Section56">\r\n												<p class="Style">\r\n												<span style="font-family: Arial">\r\n												&nbsp;</span></div>\r\n												<span style="font-size: 12.0pt; font-family: Arial">\r\n												<br clear="all" style="page-break-before: auto">\r\n&nbsp;</span><div class="Section57">\r\n												<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse: collapse; margin-left: .25pt" id="table1" width="592">\r\n													<tr style="height: 17.25pt">\r\n														<td width="30" style="width: 22.3pt; height: 17.25pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: 1.0pt solid windowtext; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="87" style="width: 65.5pt; height: 17.25pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: 1.0pt solid windowtext; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 25.65pt">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">ANNUAL\r\n														</font> </span></b>\r\n														</td>\r\n														<td width="120" colspan="3" style="width: 90.25pt; height: 17.25pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: 1.0pt solid windowtext; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 2.4pt">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">FINANCE \r\n														</font> </span></b></td>\r\n														<td width="92" colspan="2" style="width: 69.15pt; height: 17.25pt; border-left: medium none; border-right: medium none; border-top: 1.0pt solid windowtext; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: 20.85pt">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">AMOUNT</font></span></b></td>\r\n														<td style="width: 47px; height: 17.25pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: 1.0pt solid windowtext; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n														<td colspan="3" style="width: 173px; height: 17.25pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: 1.0pt solid windowtext; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: .2pt">\r\n														<span style="font-family: Arial; font-weight:700">\r\n														<font size="3">TOTAL OF \r\n														</font> </span></td>\r\n													</tr>\r\n													<tr style="height: 12.2pt">\r\n														<td width="117" colspan="2" style="width: 87.8pt; height: 12.2pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 3.1pt">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">PERCENTAGE \r\n														</font> </span></b>\r\n														</td>\r\n														<td width="120" colspan="3" style="width: 90.25pt; height: 12.2pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 2.4pt">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">CHARGE \r\n														</font> </span></b></td>\r\n														<td width="92" colspan="2" style="width: 69.15pt; height: 12.2pt; border: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: 20.85pt">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">FINANCED \r\n														</font> </span></b>\r\n														</td>\r\n														<td style="width: 47px; height: 12.2pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n														<td colspan="3" style="width: 173px; height: 12.2pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: .2pt">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">PAYMENTS \r\n														</font> </span></b>\r\n														</td>\r\n													</tr>\r\n													<tr style="height: 13.65pt">\r\n														<td width="30" style="width: 22.3pt; height: 13.65pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="87" style="width: 65.5pt; height: 13.65pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 25.65pt">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">RATE \r\n														</font> </span></b></td>\r\n														<td width="28" style="width: 20.9pt; height: 13.65pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n														<td width="36" style="width: 27.1pt; height: 13.65pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n														<td width="56" style="width: 42.25pt; height: 13.65pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n														<td width="41" style="width: 30.95pt; height: 13.65pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n														<td width="51" style="width: 38.2pt; height: 13.65pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n														<td style="width: 47px; height: 13.65pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n														<td style="width: 35px; height: 13.65pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n														<td width="42" style="width: 31.65pt; height: 13.65pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n														<td style="width: 91px; height: 13.65pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<b>\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></b></td>\r\n													</tr>\r\n													<tr style="height: 14.85pt">\r\n														<td width="117" colspan="2" style="width: 87.8pt; height: 14.85pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 3.1pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">The cost of your \r\n														</font> </span>\r\n														</td>\r\n														<td width="120" colspan="3" style="width: 90.25pt; height: 14.85pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 2.4pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">The amount the \r\n														</font> </span>\r\n														</td>\r\n														<td width="41" style="width: 30.95pt; height: 14.85pt; border: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: 5.0pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">The \r\n														</font> </span></td>\r\n														<td width="51" style="width: 38.2pt; height: 14.85pt; border: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: .7pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">amount \r\n														</font> </span></td>\r\n														<td style="width: 47px; height: 14.85pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: .7pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">of </font> </span></td>\r\n														<td colspan="3" style="width: 173px; height: 14.85pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: .2pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">The amount you will\r\n														</font>\r\n														</span></td>\r\n													</tr>\r\n													<tr style="height: 12.0pt">\r\n														<td width="117" colspan="2" style="width: 87.8pt; height: 12.0pt; border-left: 1.0pt solid windowtext; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 3.1pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">credit at a yearly\r\n														</font>\r\n														</span></td>\r\n														<td width="120" colspan="3" style="width: 90.25pt; height: 12.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 2.4pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">credit will cost you\r\n														</font>\r\n														</span></td>\r\n														<td colspan="3" style="width: 159px; height: 12.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: .7pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">credit provided to\r\n														</font>\r\n														</span></td>\r\n														<td style="width: 35px; height: 12.0pt; border: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-left: 1.2pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">have \r\n														</font> </span></td>\r\n														<td width="42" style="width: 31.65pt; height: 12.0pt; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: .95pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">paid \r\n														</font> </span></td>\r\n														<td style="width: 91px; height: 12.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 1.4pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">after \r\n														</font> </span></td>\r\n													</tr>\r\n													<tr style="height: 12.2pt">\r\n														<td width="30" style="width: 22.3pt; height: 12.2pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="right" style="text-align: right; margin-right: .7pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">Rate \r\n														</font> </span></td>\r\n														<td width="87" style="width: 65.5pt; height: 12.2pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="120" colspan="3" style="width: 90.25pt; height: 12.2pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: 2.4pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">(specify currency \r\n														</font> </span>\r\n														</td>\r\n														<td colspan="3" style="width: 159px; height: 12.2pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: .7pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">you or on your \r\n														</font> </span>\r\n														</td>\r\n														<td colspan="3" style="width: 173px; height: 12.2pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-right: .2pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">making all payments\r\n														</font>\r\n														</span></td>\r\n													</tr>\r\n													<tr style="height: 12.0pt">\r\n														<td width="30" style="width: 22.3pt; height: 12.0pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="87" style="width: 65.5pt; height: 12.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="120" colspan="3" style="width: 90.25pt; height: 12.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: 5.5pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">and amount) \r\n														</font> </span></td>\r\n														<td width="41" style="width: 30.95pt; height: 12.0pt; border: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: 5.0pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">behalf \r\n														</font> </span></td>\r\n														<td width="51" style="width: 38.2pt; height: 12.0pt; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 47px; height: 12.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td colspan="2" style="width: 77px; height: 12.0pt; border: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: 6.95pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">as scheduled \r\n														</font> </span>\r\n														</td>\r\n														<td style="width: 91px; height: 12.0pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n													</tr>\r\n													<tr style="height: 10.55pt">\r\n														<td width="30" style="width: 22.3pt; height: 10.55pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: 4.55pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">% </font> </span></td>\r\n														<td width="87" style="width: 65.5pt; height: 10.55pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="28" style="width: 20.9pt; height: 10.55pt; border: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="36" style="width: 27.1pt; height: 10.55pt; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="56" style="width: 42.25pt; height: 10.55pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="41" style="width: 30.95pt; height: 10.55pt; border: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="51" style="width: 38.2pt; height: 10.55pt; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 47px; height: 10.55pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 35px; height: 10.55pt; border: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="42" style="width: 31.65pt; height: 10.55pt; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 91px; height: 10.55pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n													</tr>\r\n													<tr style="height: 14.6pt">\r\n														<td width="30" style="width: 22.3pt; height: 14.6pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="87" style="width: 65.5pt; height: 14.6pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="120" colspan="3" style="width: 90.25pt; height: 14.6pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" style="margin-left: 5.5pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">US$/GH¢ \r\n														</font> </span></td>\r\n														<td width="92" colspan="2" style="width: 69.15pt; height: 14.6pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" style="margin-left: 5.75pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">US$/GH¢ \r\n														</font> </span></td>\r\n														<td style="width: 47px; height: 14.6pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td colspan="2" style="width: 77px; height: 14.6pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" style="margin-left: 6.95pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">US$/GH¢ \r\n														</font> </span></td>\r\n														<td style="width: 91px; height: 14.6pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n													</tr>\r\n													<tr style="height: 32.6pt">\r\n														<td width="330" colspan="7" style="width: 247.2pt; height: 32.6pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" style="margin-left: 11.25pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">REQUIRED DEPOSIT \r\n														PAYMENTS: </font> </span></td>\r\n														<td style="width: 48px; height: 32.6pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 35px; height: 32.6pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="42" style="width: 31.65pt; height: 32.6pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 91px; height: 32.6pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n													</tr>\r\n													<tr style="height: 24.45pt">\r\n														<td width="237" colspan="5" style="width: 178.05pt; height: 24.45pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" style="margin-left: 11.0pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">Your payment schedule \r\n														will be: </font> </span></td>\r\n														<td width="41" style="width: 30.95pt; height: 24.45pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="51" style="width: 38.2pt; height: 24.45pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 48px; height: 24.45pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 35px; height: 24.45pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="42" style="width: 31.65pt; height: 24.45pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 91px; height: 24.45pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n													</tr>\r\n													<tr style="height: 23.5pt">\r\n														<td width="145" colspan="3" style="width: 108.7pt; height: 23.5pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="right" style="text-align: right; margin-right: 3.35pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">Number of Payments\r\n														</font>\r\n														</span></td>\r\n														<td width="185" colspan="4" style="width: 138.5pt; height: 23.5pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="right" style="text-align: right; margin-right: 11.5pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">Amount of Payments\r\n														</font>\r\n														</span></td>\r\n														<td colspan="4" style="width: 220px; height: 23.5pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" style="margin-left: 2.6pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">When Payments Due \r\n														</font> </span>\r\n														</td>\r\n													</tr>\r\n													<tr style="height: 34.55pt">\r\n														<td width="30" style="width: 22.3pt; height: 34.55pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="right" style="text-align: right; margin-right: .7pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">D </font> </span></td>\r\n														<td width="411" colspan="9" style="width: 308.15pt; height: 34.55pt; border: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: 12.95pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">DEMAND FEATURE: This \r\n														obligation has a demand \r\n														feature </font> </span></td>\r\n														<td style="width: 91px; height: 34.55pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n													</tr>\r\n													<tr style="height: 20.6pt">\r\n														<td width="30" style="width: 22.3pt; height: 20.6pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="right" style="text-align: right; margin-right: .7pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">D </font> </span></td>\r\n														<td colspan="10" style="width: 556px; height: 20.6pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-left: .2pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">VARIABLE RATE FEATURE: \r\n														This loan contains a \r\n														variable rate feature.\r\n														</font>\r\n														</span></td>\r\n													</tr>\r\n													<tr style="height: 19.2pt">\r\n														<td width="30" style="width: 22.3pt; height: 19.2pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td colspan="7" style="width: 385px; height: 19.2pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="right" style="text-align: right; margin-right: .7pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">A variable rate \r\n														disclosure has been \r\n														provided earlier. </font> </span>\r\n														</td>\r\n														<td style="width: 35px; height: 19.2pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="42" style="width: 31.65pt; height: 19.2pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 91px; height: 19.2pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n													</tr>\r\n													<tr style="height: .25in">\r\n														<td width="441" colspan="10" style="width: 330.45pt; height: .25in; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: 11.75pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">INSURANCE: The following \r\n														insurance is required to \r\n														obtain credit: </font> </span>\r\n														</td>\r\n														<td style="width: 91px; height: .25in; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n													</tr>\r\n													<tr style="height: 14.6pt">\r\n														<td width="30" style="width: 22.3pt; height: 14.6pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" align="right" style="text-align: right; margin-right: .7pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">D </font> </span></td>\r\n														<td width="151" colspan="3" style="width: 113.5pt; height: 14.6pt; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center; margin-left: .2pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">Credit life insurance\r\n														</font>\r\n														</span></td>\r\n														<td width="149" colspan="3" style="width: 111.4pt; height: 14.6pt; padding: 0in">\r\n														<p class="Style" style="margin-left: .1in">\r\n														<span style="font-family: Arial">\r\n														<font size="3">D Credit disability\r\n														</font>\r\n														</span></td>\r\n														<td colspan="4" style="width: 220px; height: 14.6pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: medium none; padding: 0in">\r\n														<p class="Style" style="margin-left: 2.6pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">D Property insurance\r\n														</font>\r\n														</span></td>\r\n													</tr>\r\n													<tr style="height: 16.8pt">\r\n														<td width="30" style="width: 22.3pt; height: 16.8pt; border-left: 1.0pt solid windowtext; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="right" style="text-align: right; margin-right: .7pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">D </font> </span></td>\r\n														<td width="208" colspan="4" style="width: 155.75pt; height: 16.8pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" style="margin-left: 13.2pt">\r\n														<span style="font-family: Arial">\r\n														<font size="3">Flood insurance \r\n														</font> </span>\r\n														</td>\r\n														<td width="41" style="width: 30.95pt; height: 16.8pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="51" style="width: 38.2pt; height: 16.8pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 48px; height: 16.8pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 35px; height: 16.8pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td width="42" style="width: 31.65pt; height: 16.8pt; border-left: medium none; border-right: medium none; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n														<td style="width: 91px; height: 16.8pt; border-left: medium none; border-right: 1.0pt solid windowtext; border-top: medium none; border-bottom: 1.0pt solid windowtext; padding: 0in">\r\n														<p class="Style" align="center" style="text-align: center">\r\n														<span style="font-family: Arial">\r\n														<font size="3">&nbsp;</font></span></td>\r\n													</tr>\r\n												</table>\r\n												<p class="Style" style="margin-left: 175.65pt; margin-right: 175.5pt">\r\n												</div>\r\n												<span style="font-size: 12.0pt; font-family: Arial">\r\n												<br clear="all" style="page-break-before: always">\r\n&nbsp;</span><table border="1" width="100%" id="table2">\r\n												<tr>\r\n													<td>\r\n												<span style="font-family: Arial">\r\n												You may obtain the insurance \r\n												from anyone you want that is \r\n												acceptable to creditor. \r\n												If you purchase property flood \r\n												insurance from creditor you will \r\n												pay US$/GH¢ for a one year term. </span>\r\n													</td>\r\n												</tr>\r\n												<tr>\r\n													<td>&nbsp;<p>\r\n													<span style="font-family: Arial">\r\n													SECURITY: You are giving a \r\n													security interest in:</span></p>\r\n													<p>\r\n														<span style="font-family: Arial">\r\n														<font size="3">D&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n														D</font></span></p>\r\n													<p>\r\n												<span style="font-family: Arial">\r\n													The goods or property being \r\n													purchased&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n												Real property you already own\r\n													</span></p>\r\n													<p>\r\n													<span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n													<font size="3">D</font></span></td>\r\n												</tr>\r\n												<tr>\r\n													<td>&nbsp;<p class="Style" style="margin-left: 12.25pt; margin-right: 29.05pt">\r\n												<span style="font-family: Arial">\r\n												FILING FEES: US$/GH¢</span></p>\r\n													<p class="Style" style="margin-left: 12.25pt; margin-right: 29.05pt">\r\n												<span style="font-family: Arial">\r\n												&nbsp;<font size="3">D</font></span></p>\r\n													<p class="Style" style="margin-left: 12.25pt; margin-right: 29.05pt">\r\n												<span style="font-family: Arial">\r\n												LATE CHARGE: Ifa payment is more \r\n												than [ ] days late, you will be \r\n												charged % </span></p>\r\n													<p class="Style" style="margin-left: 12.25pt; margin-right: 29.05pt">\r\n												<span style="font-family: Arial">\r\n												PREPAYMENT: If you pay off \r\n												early, you </span></p>\r\n												<p class="Style" style="margin-left: 13.2pt; margin-right: 92.65pt">\r\n												<span style="font-family: Arial">\r\n												will/will not have to pay a \r\n												penalty of [ ] </span></p>\r\n												<p class="Style" style="margin-left: 13.2pt; margin-right: 69.15pt">\r\n												<span style="font-family: Arial">\r\n												o \r\n												may/may not be entitled to a \r\n												refund of part of the finance \r\n												charge. </span>\r\n													</p>\r\n													</td>\r\n												</tr>\r\n												<tr>\r\n													<td>&nbsp;</td>\r\n												</tr>\r\n												</table>\r\n												<div class="Section63">\r\n												<p class="Style">\r\n												<span style="font-family: Arial">\r\n												&nbsp;</span></div>\r\n												<span style="font-size: 12.0pt; font-family: Arial">\r\n												<br clear="all" style="page-break-before: auto">\r\n&nbsp;</span><div class="Section64">\r\n												<p class="Style" style="margin-left: 101.75pt; margin-right: 55.45pt">\r\n												<span style="font-family: Arial">\r\n												Date of <i>Gazette </i>\r\n												notfication: 9th January, 2009.\r\n												</span></p>\r\n												<p class="Style" style="margin-left: 48.25pt">\r\n												<span style="font-family: Arial">\r\n												C;OVERNMENT PRINTER. ASSEMBlY \r\n												PRESS. ACCRA. <i>\r\n												GPCI/A729/]]!200R </i></span>\r\n												</div>\r\n												<span style="font-size: 12.0pt; font-family: Arial">\r\n												<br clear="all" style="page-break-before: always">\r\n&nbsp;</span><div class="Section138">\r\n												<p class="Style">\r\n												<span style="font-family: Arial">\r\n												&nbsp;</span></div>\r\n												<span style="font-size: 12.0pt; font-family: Arial">\r\n												<br clear="all" style="page-break-before: auto">\r\n&nbsp;</span></td>\r\n                </tr>\r\n              </tbody>\r\n            </table>\r\n        ', 'Fourth', 'Yes', 'ACT 773');
INSERT INTO `actsofghana` (`id`, `title`, `content`, `republic`, `isshow`, `actname`) VALUES
(142, 'BUI POWER AUTHORITY ACT, 2007 (Act 740 )', '<table>\r\n<tr>\r\n							<td vAlign="top" align="left" width="1353" height="1">\r\n							<a href="../table%20of%20cases%204th%20Republic.htm">\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-autospace: none"><b><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp; THE SEVEN HUNDRED AND FORTIETH &nbsp;ACT </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none"> <b><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; OF THE PARLIAMENT OF THE REPUBLIC OF GHANA </span> </b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 151.65pt"> <span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; ENTITLED </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 71.25pt"> <b><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; BUI POWER AUTHORITY ACT, 2007 (</span><span style="font-family: Arial">Act 740 )</span></b></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: 84.95pt; margin-right: .2pt">&nbsp;                            </p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: 84.95pt; margin-right: .2pt">&nbsp;</p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: 84.95pt; margin-right: .2pt"><span style="font-family: Arial">ARRANGEMENT OF \r\n                                SECTIONS </span></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-right: .25pt">\r\n                            <i><span style="font-family: Arial">Section </span>\r\n                            </i></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: 124.05pt">\r\n                            <i><span style="font-family: Arial">The Bui Power \r\n                            Authority </span></i></p>\r\n                            <p class="MsoNormal" style="text-indent: -16.55pt; line-height: 150%; text-autospace: none; margin-left: 22.8pt">\r\n                            1)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">\r\n                            Establishment of the Authority </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.75pt; line-height: 150%; text-autospace: none; margin-left: 23.25pt">\r\n                            2)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Governing \r\n                            body of the Authority </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.75pt; line-height: 150%; text-autospace: none; margin-left: 23.25pt">\r\n                            3)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Tenure of \r\n                            office of members </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.75pt; line-height: 150%; text-autospace: none; margin-left: 23.25pt">\r\n                            4)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Meetings of \r\n                            the Board </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.75pt; line-height: 150%; text-autospace: none; margin-left: 23.25pt">\r\n                            5)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Disclosure \r\n                            of interest </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.75pt; line-height: 150%; text-autospace: none; margin-left: 23.25pt">\r\n                            6)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">\r\n                            Establishment of Committees </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.75pt; line-height: 150%; text-autospace: none; margin-left: 23.25pt">\r\n                            7)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Allowances\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.75pt; line-height: 150%; text-autospace: none; margin-left: 23.25pt">\r\n                            8)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Policy \r\n                            directives </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.75pt; line-height: 150%; text-autospace: none; margin-left: 23.25pt">\r\n                            9)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Chief \r\n                            executive </span></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: .45pt">\r\n                            <span style="font-family: Arial">10. Employees of \r\n                            the Authority </span></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: 120.0pt">\r\n                            <i><span style="font-family: Arial">Functions of the \r\n                            Authority </span></i></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.0pt">\r\n                            11)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Objects and \r\n                            functions of the Authority </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            12)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Flow of \r\n                            water and flooding </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            13)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Powers in \r\n                            relation to transmission system </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            14)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Health \r\n                            safeguards </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            15)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Research and \r\n                            records </span></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: .45pt">\r\n                            <span style="font-family: Arial">16. Co-operation \r\n                            with other public authorities </span></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: 163.9pt">\r\n                            <i><span style="font-family: Arial">Finance </span>\r\n                            </i></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.0pt">\r\n                            17)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Authority to \r\n                            operate on commercial lines </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            18)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Borrowing \r\n                            powers </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            19)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Funds of \r\n                            the'' Authority </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 0cm; line-height: 150%; text-autospace: none; margin-left: 0cm; margin-right: 94.05pt">\r\n                            20)<span style="font-family: Arial">Re-imbursement \r\n                            to the Authority </span></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-right: 94.05pt">\r\n                            <span style="font-family: Arial">21. Accounts and \r\n                            audit </span></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: 76.55pt">\r\n                            <i><span style="font-family: Arial">Acquisition of \r\n                            land and resettlement measures </span></i></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.0pt">\r\n                            22)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Filling of \r\n                            the lake and acquisition of land </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            23)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Compensation\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            24)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Resettlement \r\n                            measures </span></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: .45pt">\r\n                            <span style="font-family: Arial">25. Defraying \r\n                            expenses incurred </span></p>\r\n                            <p class="MsoNormal" style="line-height: 150%; text-autospace: none; margin-left: 150.95pt">\r\n                            <i><span style="font-family: Arial">Miscellaneous\r\n                            </span></i></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.75pt; line-height: 150%; text-autospace: none; margin-left: 24.2pt">\r\n                            26)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Annual and \r\n                            other reports </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            27)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Regulations\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            28)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Protection \r\n                            of officers </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            29)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Financial \r\n                            agreements </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            30)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">\r\n                            Interpretation </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -23.25pt; line-height: 150%; text-autospace: none; margin-left: 24.45pt">\r\n                            31)<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span><span style="font-family: Arial">Amendment to \r\n                            Act 46 </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 2.85pt">\r\n                            <b><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n                            &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span></b><b><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -24.0pt; text-autospace: none; margin-left: 25.2pt">\r\n                            <span style="font-family: Arial">AN ACT to provide \r\n                            for the establishment of an Authority charged with \r\n                            the development of a hydroelectric power project on \r\n                            the Black Volta River at Bui and any other potential \r\n                            hydroelectric power sites on the Black Volta River \r\n                            and for related matters </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 89.75pt">\r\n                            <span style="font-family: Arial">. DATE OF ASSENT:\r\n                            <i>31st July, 2007. </i></span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .95pt">\r\n                            <span style="font-family: Arial">ENACTED by the \r\n                            President and Parliament: </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 125.5pt; text-autospace: none; margin-left: .45pt; margin-right: 123.6pt">\r\n                            <i><span style="font-family: Arial">The Bui Power \r\n                            Authority </span></i><b>\r\n                            <span style="font-family: Arial">Establishment of \r\n                            the Authority </span></b></p>\r\n                            <p class="MsoNormal" style="text-indent: 12.95pt; text-autospace: none; margin-left: .45pt; margin-right: .7pt">\r\n                            <span style="font-family: Arial">1. (1) There is by \r\n                            this Act established an authority to be known as the \r\n                            Bui Power Authority charged with the functions \r\n                            specified in this Act. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 26.85pt; text-autospace: none; margin-left: .2pt; margin-right: .95pt">\r\n                            <span style="font-family: Arial">(2) The Authority \r\n                            is a body corporate with perpetual succession and a \r\n                            common seal and may sue and be sued in its corporate \r\n                            name. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 26.85pt; text-autospace: none; margin-left: .2pt; margin-right: .95pt">\r\n                            <span style="font-family: Arial">(3) The Authority \r\n                            may acquire and dispose of movable and im­movable \r\n                            property and enter into a contract and any other \r\n                            transaction. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none">\r\n                            <b><span style="font-family: Arial">The governing \r\n                            body of the Authority </span></b></p>\r\n                            <p class="MsoNormal" style="text-indent: -34.55pt; text-autospace: none; margin-left: 46.05pt; margin-right: 1.4pt">\r\n                            <b><span style="font-family: Arial">2. </span></b>\r\n                            <span style="font-family: Arial">(1) The sovereign \r\n                            body of the Authority is a <i>Board consis6ng </i>of\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -34.55pt; text-autospace: none; margin-left: 46.05pt; margin-right: 1.4pt">\r\n                            <b><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span></b><i><span style="font-family: Arial">(a)\r\n                            </span></i><span style="font-family: Arial">the \r\n                            chairperson, </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 46.05pt">\r\n                            <i><span style="font-family: Arial">(b) </span></i>\r\n                            <span style="font-family: Arial">the chief executive \r\n                            officer appointed under section 9, and </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-left: 48.45pt">\r\n                            <i><span style="font-family: Arial">(c) </span></i>\r\n                            <span style="font-family: Arial">five other members,\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -24.0pt; text-autospace: none; margin-left: 107.5pt; margin-right: 2.6pt">\r\n                            <span style="font-family: Arial">(i) one of whom is \r\n                            a person who has experience in financial matters,\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -24.0pt; text-autospace: none; margin-left: 107.5pt; margin-right: 2.6pt">\r\n                            <span style="font-family: Arial">(ii) one of whom is \r\n                            an engineer conversant with the operations of a \r\n                            power utility, </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -24.2pt; text-autospace: none; margin-left: 107.75pt; margin-right: 2.4pt">\r\n                            <span style="font-family: Arial">(iii) one of whom \r\n                            is appointed to represent major con­sumers of the \r\n                            electrical power generated by virtue of the dam, and\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 83.75pt">\r\n                            <span style="font-family: Arial">(iv) one of whom is \r\n                            a woman. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt; margin-right: .05pt">\r\n                            <b><span style="font-family: Arial">Tenure of office \r\n                            of members </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 11.75pt; text-autospace: none; margin-left: .2pt; margin-right: 1.25pt">\r\n                            <b><span style="font-family: Arial">3. </span></b>\r\n                            <span style="font-family: Arial">(1) A member of the \r\n                            Board, other than the chief executive officer, shall \r\n                            hold office for a period not exceeding four years \r\n                            and is eligible for re-appointment, but a member \r\n                            shall not be appointed for more than two consecutive \r\n                            terms. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 26.85pt; text-autospace: none; margin-left: .2pt; margin-right: 1.7pt">\r\n                            <span style="font-family: Arial">(2) A member of the \r\n                            Board may at any time resign from office in writing \r\n                            addressed to the President through the Minister.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.85pt; text-autospace: none; margin-left: .2pt; margin-right: .75pt">\r\n                            <span style="font-family: Arial">(3) A member of the \r\n                            Board who is absent from three consecutive meetings \r\n                            of the Board without sufficient cause ceases to be a \r\n                            member of the Board. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 26.85pt; text-autospace: none; margin-left: .2pt; margin-right: 1.7pt">\r\n                            <span style="font-family: Arial">(4) The President \r\n                            may by letter addressed to a member revoke the \r\n                            appointment of that member. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.85pt; text-autospace: none; margin-left: .2pt; margin-right: .75pt">\r\n                            <span style="font-family: Arial">(5) Where a member \r\n                            of the Board is, for a sufficient reason, unable to \r\n                            act as a member, the Minister shall determine \r\n                            whether the inability would result in the \r\n                            declarartion of a vacancy. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 27.35pt; margin-right: .05pt">\r\n                            <span style="font-family: Arial">(6) Where there is \r\n                            a vacancy </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 48.2pt; margin-right: .05pt">\r\n                            <i><span style="font-family: Arial">(a) </span></i>\r\n                            <span style="font-family: Arial">under subsection \r\n                            (2), (3), (4) or subsection (2) of section 5, or <i>\r\n                            (b) </i>under subsection (5), <i>or'' </i></span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 48.2pt; margin-right: .05pt">\r\n                            <i><span style="font-family: Arial">(c) </span></i>\r\n                            <span style="font-family: Arial">because of the \r\n                            death of a member, </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: .7pt; margin-right: .75pt">\r\n                            <span style="font-family: Arial">the Minister shall \r\n                            notify the President of the vacancy, and the \r\n                            President shall in accordance with article 70 of the \r\n                            Constitution appoint a person to fill the vacancy.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt; margin-right: .05pt">\r\n                            <b><span style="font-family: Arial">Meetings of the \r\n                            Board </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 11.75pt; text-autospace: none; margin-left: .2pt; margin-right: 1.25pt">\r\n                            <b><span style="font-family: Arial">4. </span></b>\r\n                            <span style="font-family: Arial">(1) The Board shall \r\n                            meet at least once every three months for the \r\n                            despatch of business at the times and in the places \r\n                            determined by the chairperson. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.6pt; text-autospace: none; margin-left: 3.3pt; margin-right: 6.95pt">\r\n                            <span style="font-family: Arial">(2) The chairperson \r\n                            shall at the request in writing of not less than one \r\n                            third of the membership of the Board convene an \r\n                            extra-ordinary meeting of the Board at the place and \r\n                            time determined by the chairperson. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.6pt; text-autospace: none; margin-left: 3.3pt; margin-right: 6.95pt">\r\n                            <span style="font-family: Arial">(3) The quorum at a \r\n                            meeting of the Board is four members of the Board or \r\n                            a greater number determined by the Board in respect \r\n                            of an important matter. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.6pt; text-autospace: none; margin-left: 3.3pt; margin-right: 6.95pt">\r\n                            <span style="font-family: Arial">(4) The chairperson \r\n                            shall preside at the meetings of the Board and in \r\n                            the absence of the chairperson, a member of the \r\n                            Board elected by the members present from among \r\n                            their number shall preside. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.6pt; text-autospace: none; margin-left: 3.3pt; margin-right: 6.95pt">\r\n                            <span style="font-family: Arial">(5) Matters before \r\n                            the Board shall be decided by a majority of the \r\n                            members present and voting and in the event of an \r\n                            equality of votes, the person presiding shall have a \r\n                            casting vote. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 26.85pt; text-autospace: none; margin-left: 3.8pt; margin-right: 6.45pt">\r\n                            <span style="font-family: Arial">(6) The Board may \r\n                            co-opt a person to attend a Board meeting but that \r\n                            person shall not vote on a matter for decision at \r\n                            the meeting. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.6pt; text-autospace: none; margin-left: 3.3pt; margin-right: 6.95pt">\r\n                            <span style="font-family: Arial">(7) The proceedings \r\n                            of the Board shall not be invalidated because of a \r\n                            vacancy among the members or a defect in the \r\n                            appointment or qualification of a member. </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 33.05pt">\r\n                            <span style="font-family: Arial">(8) Subject to this \r\n                            section, the Board may determine the procedure for \r\n                            its meetings. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 5.45pt">\r\n                            <b><span style="font-family: Arial">Disclosure of \r\n                            interest </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 21.55pt">\r\n                            <b><span style="font-family: Arial">5. </span></b>\r\n                            <span style="font-family: Arial">(1) A member of the \r\n                            Board who has an interest in a matter for </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 6.45pt; margin-right: 4.3pt">\r\n                            <span style="font-family: Arial">consideration by \r\n                            the Board shall disclose in writing the nature of \r\n                            that interest and is disqualified from participating \r\n                            in the deliberations of the Board in respect of that \r\n                            matter. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 33.05pt">\r\n                            <span style="font-family: Arial">(2) A member who \r\n                            contravenes subsection (1) ceases to be a member.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 9.3pt">\r\n                            <b><span style="font-family: Arial">Establishment of \r\n                            committees </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 21.55pt">\r\n                            <b><span style="font-family: Arial">6. </span></b>\r\n                            <span style="font-family: Arial">The Board may \r\n                            establish committees consisting of members of the \r\n                            Board or non-members or both </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 57.05pt">\r\n                            <i><span style="font-family: Arial">(a) </span></i>\r\n                            <span style="font-family: Arial">to perform a \r\n                            function of the Board determined by the Board,\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 74.85pt">\r\n                            <span style="font-family: Arial">and </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 57.05pt">\r\n                            <i><span style="font-family: Arial">(b) </span></i>\r\n                            <span style="font-family: Arial">to advise the Board \r\n                            on a matter referred to the committee. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 9.3pt">\r\n                            <b><span style="font-family: Arial">Allowances\r\n                            </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 21.55pt">\r\n                            <span style="font-family: Arial">7. Members of the \r\n                            Board and members of a committee of the Board </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 10.5pt; margin-right: .7pt">\r\n                            <span style="font-family: Arial">shall be paid the \r\n                            allowances approved by the Minister in consultation \r\n                            with the Minister responsible for Finance. </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 9.3pt">\r\n                            <b><span style="font-family: Arial">Policy \r\n                            directives of the Minister </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 21.55pt">\r\n                            <b><span style="font-family: Arial">8. </span></b>\r\n                            <span style="font-family: Arial">The Minister may \r\n                            give policy directives in writing not inconsistent\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 10.5pt; margin-right: .7pt">\r\n                            <span style="font-family: Arial">with a provision of \r\n                            this Act to the Authority and the Board shall \r\n                            comply. </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-left: 10.5pt; margin-right: -.2pt">\r\n                            <b><span style="font-family: Arial">Chief executive \r\n                            officer </span></b></p>\r\n                            <p class="MsoNormal" style="text-indent: -18.0pt; text-autospace: none; margin-left: 28.95pt; margin-right: -.2pt">\r\n                            <span style="font-family: Arial">9<span style="font-style: normal; font-variant: normal; font-weight: normal; font-size: 7.0pt; font-family: Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span></span><span style="font-family: Arial">\r\n                            &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) The Authority shall have a chief \r\n                            executive officer. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 26.85pt; text-autospace: none; margin-left: 27.0pt; margin-right: 3.6pt">\r\n                            <span style="font-family: Arial">(2) The chief \r\n                            executive officer shall be appointed by the Board \r\n                            and shall hold office on the term’s and conditions \r\n                            determined by the Board. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: 1.2pt">\r\n                            <span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3) The \r\n                            chief executive officer is a full time officer of \r\n                            the Authority.</span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: 1.2pt">\r\n                            <span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4) Subject \r\n                            to the general control of the Board on matters of \r\n                            policy, the chief executive officer is charged with \r\n                            the direction of the business of the Authority and \r\n                            with its administration and organisation. </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-indent: -27.0pt; text-autospace: none; margin-left: 27.0pt; margin-right: -.2pt">\r\n                            <b><span style="font-family: Arial">Employees of the \r\n                            Authority </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -27.0pt; text-autospace: none; margin-left: 27.0pt; margin-right: 2.65pt">\r\n                            <b><span style="font-family: Arial">10. </span></b>\r\n                            <span style="font-family: Arial">The Authority shall \r\n                            employ the staff and any other employees as are \r\n                            necessary for the performance of its functions, on \r\n                            the terms and conditions determined by the Board.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 120.0pt; text-autospace: none; margin-left: 27.0pt; margin-right: 122.4pt">\r\n                            <i><span style="font-family: Arial">Functions of the \r\n                            Authority</span></i></p>\r\n                            <p class="MsoNormal" style="text-indent: -18.0pt; text-autospace: none; margin-left: 18.0pt; margin-right: 122.4pt">\r\n                            <b><span style="font-family: Arial">Objects and \r\n                            functions of the Authority </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-right: 1.7pt">\r\n                            <b><span style="font-family: Arial">11. </span></b>\r\n                            <span style="font-family: Arial">(1) The Authority \r\n                            shall plan, execute and manage the Bui \r\n                            hydro­electric power project which comprises </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -17.75pt; text-autospace: none; margin-left: 45.0pt; margin-right: .5pt">\r\n                            <i><span style="font-family: Arial">(a) </span></i>\r\n                            <span style="font-family: Arial">the generation of \r\n                            electrical power for general industrial and domestic \r\n                            use, and the operation of the dam and the \r\n                            hydro­electric generating station in the vicinity of \r\n                            Bui, </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -17.75pt; text-autospace: none; margin-left: 45.0pt; margin-right: .5pt">\r\n                            <i><span style="font-family: Arial">(b) </span></i>\r\n                            <span style="font-family: Arial">the construction of \r\n                            a transmission system for the evacuation of the \r\n                            electrical power generated at the dam to the \r\n                            national electricity grid, </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-right: -.2pt">\r\n                            <i><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (c)\r\n                            </span></i><span style="font-family: Arial">the \r\n                            supply of the electrical power generated at the dam \r\n                            to </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 72.0pt; margin-right: -.2pt">\r\n                            <span style="font-family: Arial">&nbsp;&nbsp; (i) a public \r\n                            utility licensed under the Energy Commis­sion Act, \r\n                            1997 (Act 541) responsible for the trans­mission or \r\n                            distribution of electrical power to the public,\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 27.0pt; margin-right: -.2pt">\r\n                            <span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n                            &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the township of Bui and its environs, \r\n                            and </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -24.7pt; text-autospace: none; margin-left: 72.0pt; margin-right: -.2pt">\r\n                            <span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n                            &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) any other consumer in Ghana or \r\n                            elsewhere under an arrangement agreed on between the \r\n                            Government, the Authority, a consumer and the \r\n                            Electricity Com­pany of Ghana or any other public \r\n                            utility licensed under the Energy Commission Act 997 \r\n                            (Act 541), </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -17.75pt; text-autospace: none; margin-left: 27.0pt; margin-right: .5pt">\r\n                            <i><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp; (d) </span>\r\n                            </i><span style="font-family: Arial">the provision \r\n                            of facilities and assistance for the use of the lake \r\n                            so created by the construction of the dam for \r\n                            multipurpose uses. </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-left: 9.0pt; margin-right: 46.8pt">\r\n                            <span style="font-family: Arial">&nbsp;&nbsp; (2) The \r\n                            Authority may </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 70.75pt; margin-right: 48.2pt">\r\n                            <i><span style="font-family: Arial">(a) </span></i>\r\n                            <span style="font-family: Arial">carry on an \r\n                            activity which is reasonably requisite or \r\n                            &nbsp;convenient for or in connection with the \r\n                            performance of its functions under this Act, </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 63.0pt; margin-right: 48.2pt">\r\n                            <i><span style="font-family: Arial">(b) </span></i>\r\n                            <span style="font-family: Arial">own, maintain and \r\n                            operate vessels or craft of any description for the \r\n                            purpose of transporting goods and passengers along \r\n                            the lake and may charge fares for those services.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-right: 46.8pt">\r\n                            <b><span style="font-family: Arial">Flow of water \r\n                            and flooding </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-right: 46.8pt">\r\n                            <b><span style="font-family: Arial">12. </span></b>\r\n                            <span style="font-family: Arial">(1) The Authority \r\n                            shall control, </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 63.0pt; margin-right: 48.2pt">\r\n                            <i><span style="font-family: Arial">(a) </span></i>\r\n                            <span style="font-family: Arial">the level of water \r\n                            in the lake to prevent the overtopping or breaching \r\n                            of the dam by flood to ensure that the safety of the \r\n                            dam and its structures are not jeopardized, and\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 63.0pt; margin-right: 48.2pt">\r\n                            <i><span style="font-family: Arial">(b) </span></i>\r\n                            <span style="font-family: Arial">the flow of water \r\n                            in the lake to prevent flooding downstream from the \r\n                            dam above the levels which were normal proceeding \r\n                            the construction of the dam. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.85pt; text-autospace: none; margin-left: 9.0pt; margin-right: 47.5pt">\r\n                            <span style="font-family: Arial">(2) The Board shall \r\n                            take reasonable measures to give warning of possible \r\n                            flooding from the lake or from the Black Volta River \r\n                            downstream from the dam. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 9.0pt; margin-right: 46.8pt">\r\n                            <b><span style="font-family: Arial">Powers in \r\n                            relation to transmission system </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 12.95pt; text-autospace: none; margin-left: 9.0pt; margin-right: 48.45pt">\r\n                            <b><span style="font-family: Arial">13. </span></b>\r\n                            <span style="font-family: Arial">(1) For the \r\n                            purposes of constructing the transmission system \r\n                            referred to in paragraph (b) of subsection (1) of \r\n                            section 11, or of prevent­ing damage or obstruction \r\n                            to the systems, the Authority may </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 54.0pt; margin-right: 48.2pt">\r\n                            <i><span style="font-family: Arial">(a) </span></i>\r\n                            <span style="font-family: Arial">enter on any lands \r\n                            for the purpose of constructing any works, or of \r\n                            examining, repairing, altering, or may remain there \r\n                            for a reasonable time and execute and do the things \r\n                            that the Board considers necessary, </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 54.0pt; margin-right: 48.2pt">\r\n                            <i><span style="font-family: Arial">(b) </span></i>\r\n                            <span style="font-family: Arial">survey and take \r\n                            levels of the lands or part of the lands, and do any \r\n                            other acts or things which the nature of the works \r\n                            may require. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.85pt; text-autospace: none; margin-left: 9.0pt; margin-right: 47.5pt">\r\n                            <span style="font-family: Arial">(2) Where an owner \r\n                            of the lands cannot, after reasonable enquiry be \r\n                            found, the Board shall cause not less than one \r\n                            week''s notice in writing of the intention to enter \r\n                            the lands for the purposes of this Act, to be posted \r\n                            in a conspicuous place on the lands so proposed to \r\n                            be entered; and after the expiration of that time \r\n                            the Board may exercise its powers as if notice had \r\n                            been served on the owner of the lands. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.85pt; text-autospace: none; margin-left: 9.0pt; margin-right: 47.5pt">\r\n                            <span style="font-family: Arial">(3) The Authority \r\n                            may, without giving notice enter on any lands for \r\n                            the purpose of inspecting, repairing, or altering \r\n                            any works whether wholly or in part constructed.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.6pt; text-autospace: none; margin-left: .2pt; margin-right: 3.8pt">\r\n                            <span style="font-family: Arial">&nbsp; &nbsp;(4) In the \r\n                            exercise of the powers conferred under this section \r\n                            the Board, the employees, the agents and workmen of \r\n                            the Authority shall do as little damage as possible; \r\n                            and, where the surface of a road or street has been \r\n                            disturbed, the Authority shall, as far as \r\n                            practicable, restore it to its former condition.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 26.6pt; text-autospace: none; margin-left: .2pt; margin-right: 3.8pt">\r\n                            <span style="font-family: Arial">&nbsp;&nbsp; (5) A person who \r\n                            has an estate or interest in a land injuriously \r\n                            affected by the exercise of the powers conferred by \r\n                            subsection (1) is entitled to compensation to be \r\n                            settled, awarded and paid in accordance, as nearly \r\n                            as may be, with the provisions relating to \r\n                            compensation which are contained in the State \r\n                            Property and Contracts Act, 1960 (CA. 6). </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -21.6pt; text-autospace: none; margin-left: 49.2pt">\r\n                            <span style="font-family: Arial">&nbsp;&nbsp; (6) For the \r\n                            purpose of this section, </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -21.6pt; text-autospace: none; margin-left: 49.2pt">\r\n                            <span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; \r\n                            &quot;owner includes an occupier; </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.75pt; text-autospace: none; margin-left: 66.95pt; margin-right: 3.1pt">\r\n                            <span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&quot;works&quot; \r\n                            includes the erection of electrical plants, works \r\n                            and equipment. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt">\r\n                            <b><span style="font-family: Arial">Health \r\n                            safeguards </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 12.95pt; text-autospace: none; margin-right: 1.4pt">\r\n                            <b><span style="font-family: Arial">14. </span></b>\r\n                            <span style="font-family: Arial">The Board shall \r\n                            take reasonable measures in co-operation with the \r\n                            Minister responsible for Health, and with the \r\n                            relevant District Assemblies, to safeguard the \r\n                            health and safety of its employees and persons \r\n                            engaged on the construction of works referred to in \r\n                            section 11, their families and dependents, the \r\n                            inhabitants of Bui township and its environs. </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt">\r\n                            <b><span style="font-family: Arial">Research and \r\n                            records </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 12.95pt; text-autospace: none; margin-right: 1.4pt">\r\n                            <b><span style="font-family: Arial">15. </span></b>\r\n                            <span style="font-family: Arial">The Board shall, \r\n                            with a view to facilitating present or future \r\n                            research or planning, maintain and preserve the \r\n                            records relating to the functions of the Authority \r\n                            as the Board considers proper, and may engage in \r\n                            research and assist others to engage in research, in \r\n                            respect of a matter relating to those functions and \r\n                            may publish the records and the results of a \r\n                            research in which it may engage. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt">\r\n                            <b><span style="font-family: Arial">Co-operation \r\n                            with other public authorities </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 12.95pt; text-autospace: none; margin-right: 1.4pt">\r\n                            <b><i><span style="font-family: Arial">1</span></i><span style="font-family: Arial">6. </span></b>\r\n                            <span style="font-family: Arial">In the performance \r\n                            of the functions of the Authority, the Board shall \r\n                            co-operate with Government departments and agencies \r\n                            and any other public authorities. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt; margin-right: 72.0pt">\r\n                            <b><span style="font-family: Arial">Finance \r\n                            Authority to operate on commercial lines\r\n                            </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 12.95pt; text-autospace: none; margin-right: 1.4pt">\r\n                            <b><span style="font-family: Arial">17. </span></b>\r\n                            <span style="font-family: Arial">(1) The Board shall \r\n                            conduct the affairs of the Authority on sound \r\n                            commercial lines, and in particular, perform its \r\n                            functions under this Act as to ensure that, taking \r\n                            one year with another, the revenues of the Authority \r\n                            are greater than its outgoings properly chargeable \r\n                            to revenue account. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 33.35pt; text-autospace: none; margin-left: .95pt; margin-right: 1.65pt">\r\n                            <span style="font-family: Arial">(2) The Authority \r\n                            shall charge to revenue account the charges which, \r\n                            in the normal conduct of a business, are proper to \r\n                            be charged to revenue account, including proper \r\n                            provision for depreciation of assets or for renewal \r\n                            of assets, and in addition the interests on \r\n                            borrowings, repayments to be made each year in \r\n                            respect of loans incurred by the Authority to the \r\n                            extent that the repayments exceed provision of \r\n                            depre­ciation, and proper allocati0!ls to reserve.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 33.1pt; text-autospace: none; margin-left: 1.9pt; margin-right: .45pt">\r\n                            <span style="font-family: Arial">(3) Without \r\n                            prejudice to the power of the Authority to establish \r\n                            appropriate reserves for replacements or any other \r\n                            purposes, the Authority shall establish a reserve \r\n                            fund and out of its profits make payments to the \r\n                            fund for the purpose of expanding its Activities.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 33.1pt; text-autospace: none; margin-left: 1.9pt; margin-right: .45pt">\r\n                            <span style="font-family: Arial">(4) The Board shall \r\n                            determine charges for the supply of electrical power \r\n                            so as to ensure that it is able to comply with the \r\n                            requirements of this section. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 1.2pt">\r\n                            <b><span style="font-family: Arial">Borrowing powers\r\n                            </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 12.95pt; text-autospace: none; margin-left: 1.4pt; margin-right: 1.65pt">\r\n                            <b><span style="font-family: Arial">18. </span></b>\r\n                            <span style="font-family: Arial">The Authority may, \r\n                            in accordance with article 181 of the Consti­tution, \r\n                            borrow the sums of money that it requires, on the \r\n                            terms and in the currencies that may be agreed \r\n                            between it and the lender, for the performance of \r\n                            its functions under this Act. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 1.2pt">\r\n                            <b><span style="font-family: Arial">Funds of the \r\n                            Authority </span></b></p>\r\n                            <p class="MsoNormal" style="text-indent: -35.25pt; text-autospace: none; margin-left: 49.2pt; margin-right: 130.05pt">\r\n                            <b><span style="font-family: Arial">19. </span></b>\r\n                            <span style="font-family: Arial">(1) The Funds of \r\n                            the Authority include </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -35.25pt; text-autospace: none; margin-left: 49.2pt; margin-right: 130.05pt">\r\n                            <b><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;\r\n                            </span></b><i><span style="font-family: Arial">(a)\r\n                            </span></i><span style="font-family: Arial">money \r\n                            approved by Parliament, </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 66.2pt">\r\n                            <i><span style="font-family: Arial">(b) </span></i>\r\n                            <span style="font-family: Arial">a fee or charge \r\n                            determined by the Board in consultation with the \r\n                            &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minister and the Minister responsible for \r\n                            Finance, </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 2.4pt">\r\n                            <i><span style="font-family: Arial">&nbsp;&nbsp; (c) </span>\r\n                            </i><span style="font-family: Arial">loans granted \r\n                            to the Authority by the Government or by any other \r\n                            person or body, </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 48.7pt; margin-right: 140.4pt">\r\n                            <i><span style="font-family: Arial">&nbsp;&nbsp; (d) </span>\r\n                            </i><span style="font-family: Arial">revenue \r\n                            accruing from banks,</span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 48.7pt; margin-right: 140.4pt">\r\n                            <span style="font-family: Arial">&nbsp; &nbsp;&nbsp;<i>(e) </i>\r\n                            donations, grants and gifts, and </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 36.2pt">\r\n                            <i><span style="font-family: Arial">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;(f)\r\n                            </span></i><span style="font-family: Arial">any \r\n                            other moneys that are approved by Parliament. </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 33.35pt; text-autospace: none; margin-left: .95pt; margin-right: 1.65pt">\r\n                            <span style="font-family: Arial">(2) Funds received \r\n                            by or on behalf of the Authority shall be deposited \r\n                            by the appropriate person or authority to the credit \r\n                            of the Authority in an account in a bank approved by \r\n                            the Authority. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 33.1pt">\r\n                            <span style="font-family: Arial">(3) Each payment \r\n                            from the Funds shall be signed by the </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 48.2pt">\r\n                            <i><span style="font-family: Arial">(a) </span></i>\r\n                            <span style="font-family: Arial">chief executive, \r\n                            and </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.2pt; margin-right: 2.4pt">\r\n                            <i><span style="font-family: Arial">(b) </span></i>\r\n                            <span style="font-family: Arial">the officer \r\n                            responsible for financial matters designated&nbsp; by \r\n                            the Board. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none">\r\n                            <b><span style="font-family: Arial">Re-imbursement \r\n                            to the Authority </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 11.75pt; text-autospace: none; margin-left: .2pt; margin-right: 2.4pt">\r\n                            <b><span style="font-family: Arial">20. </span></b>\r\n                            <span style="font-family: Arial">The Republic shall \r\n                            pay the Authority the net cost of the measures \r\n                            undertaken by the Authority under section 14 the \r\n                            necessity for which is not attributable to the \r\n                            creation of the lake or any other activities of the \r\n                            Authority. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt">\r\n                            <b><span style="font-family: Arial">Accounts and \r\n                            audit </span></b></p>\r\n                            <p class="MsoNormal" style="text-indent: 12.0pt; text-autospace: none; margin-left: .2pt; margin-right: 2.6pt">\r\n                            <b><span style="font-family: Arial">21. </span></b>\r\n                            <span style="font-family: Arial">(1) The Board shall \r\n                            keep proper books of accounts and records in \r\n                            relation to them in the form approved by the \r\n                            Auditor-General. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 33.35pt; text-autospace: none; margin-left: .2pt; margin-right: 1.2pt">\r\n                            <span style="font-family: Arial">(2) The Board shall \r\n                            submit the accounts of the Authority to the \r\n                            Auditor-General for audit within three months after \r\n                            the end of the financial year. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 33.35pt; text-autospace: none; margin-left: .2pt; margin-right: 1.2pt">\r\n                            <span style="font-family: Arial">(3) The \r\n                            Auditor-General shall, not later than three months \r\n                            after the receipt of the accounts, audit the \r\n                            accounts and submit a copy of the audit report to \r\n                            Parliament. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 32.85pt; text-autospace: none; margin-left: .45pt; margin-right: 1.9pt">\r\n                            <span style="font-family: Arial">(4) The financial \r\n                            year of the Authority is the same as the financial \r\n                            year of the Government.&quot; </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 76.55pt; text-autospace: none; margin-left: .2pt; margin-right: 78.2pt">\r\n                            <i><span style="font-family: Arial">Acquisition of \r\n                            land and resettlement measures </span></i></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-right: 78.2pt">\r\n                            <b><span style="font-family: Arial">Filling of the \r\n                            lake and acquisition of land </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 11.75pt; text-autospace: none; margin-left: .2pt; margin-right: 2.4pt">\r\n                            <b><span style="font-family: Arial">22. </span></b>\r\n                            <span style="font-family: Arial">(1) The Authority \r\n                            shall, on the completion of the dam and power \r\n                            station, so operate the dam as to cause the lake to \r\n                            fill by the accumulation of water in the upstream of \r\n                            the dam. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 32.85pt; text-autospace: none; margin-left: .45pt; margin-right: 1.9pt">\r\n                            <span style="font-family: Arial">(2) Subject to \r\n                            article 20 of the Constitution, the President shall \r\n                            cause to be acquired lands which, in the opinion of \r\n                            the Board, </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 48.95pt; margin-right: 1.65pt">\r\n                            <i><span style="font-family: Arial">(a) </span></i>\r\n                            <span style="font-family: Arial">may be required to \r\n                            be inundated by the filling of the lake together \r\n                            with any other land not extending beyond two \r\n                            kilometres from the shores of the lake at its \r\n                            maximum fill, <i>(b) </i>may be required for the \r\n                            development of the Bui township, <i>(c) </i>may be \r\n                            required for the use of persons being resettled as a \r\n                            result of the inundation of their lands by the \r\n                            filling of the lake, </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.7pt; margin-right: 1.65pt">\r\n                            <i><span style="font-family: Arial">(d) </span></i>\r\n                            <span style="font-family: Arial">are necessary to \r\n                            acquire for the proper performance of the functions \r\n                            of the Authority .. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 33.35pt; text-autospace: none; margin-left: .2pt; margin-right: 1.2pt">\r\n                            <span style="font-family: Arial">(3) The lands \r\n                            acquired under paragraphs <i>(a), (b) </i>and <i>(d)\r\n                            </i>of subsec­tion (2) shall immediately after their \r\n                            acquisition vest in the Authority without a further \r\n                            assurance than this subsection, free from any \r\n                            encum­brances, and the Authority may sell, transfer, \r\n                            exchange, let, demise or otherwise dispose of all or \r\n                            any of them to or with a person, and on the terms \r\n                            that the Board considers necessary for the proper \r\n                            performance of the functions of the Authority.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -11.5pt; text-autospace: none; margin-left: 36.0pt; margin-right: 2.6pt">\r\n                            <span style="font-family: Arial">&nbsp;(4) Despite any \r\n                            other enactment under which the lands were acquired, \r\n                            the lands falling under both or either of the \r\n                            descriptions set out in paragraphs <i>(b) </i>and <i>\r\n                            (d) </i>of subsection (2), which are lands which \r\n                            have been acquired before the commencement of this \r\n                            Act and vested in the President immediately before \r\n                            the commencement are hereby vested in the Authority \r\n                            and are subject to the powers conferred on the \r\n                            Authority by subsection (3). </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -11.5pt; text-autospace: none; margin-left: 36.0pt; margin-right: 2.6pt">\r\n                            <span style="font-family: Arial">(5) Lands acquired \r\n                            under paragraph <i>(c) </i>of subsection (2) may be \r\n                            transferred, exchanged, let, demised or otherwise \r\n                            disposed of by the President to or with a person \r\n                            whether or not that person is included among the \r\n                            persons being resettled &quot;and on the terms that are \r\n                            necessary for the promotion of the well being of the \r\n                            resettlement areas and the inhabitants of those \r\n                            areas. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -11.5pt; text-autospace: none; margin-left: 36.0pt; margin-right: 1.4pt">\r\n                            <span style="font-family: Arial">(6) Legal \r\n                            proceedings do not lie against the Authority as a \r\n                            result of the inundation of lands caused by the \r\n                            filling of the lake. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none">\r\n                            <b><span style="font-family: Arial">Compensation\r\n                            </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-right: .95pt">\r\n                            <b><span style="font-family: Arial">23. </span></b>\r\n                            <span style="font-family: Arial">Subject to article \r\n                            20 of the Constitution, the provisions of the State \r\n                            Lands Act, 1962 (Act 125) relating to the \r\n                            acquisition of land shall apply to the lands \r\n                            acquired under subsection (2) of section 22. </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-autospace: none">\r\n                            <b><span style="font-family: Arial">Resettlement \r\n                            measures </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-right: .95pt">\r\n                            <b><span style="font-family: Arial">24. </span></b>\r\n                            <span style="font-family: Arial">The Government \r\n                            shall take reasonable measures to assist in the \r\n                            resettlement of the people inhabiting lands liable \r\n                            to be inundated and lands adjacent to those lands \r\n                            which are needed by the Authority for the \r\n                            performance of its functions, and the Minister shall \r\n                            ensure that so far as is practicable, a person does \r\n                            not suffer undue hardship or is deprived of \r\n                            necessary public amenities, as a result of the \r\n                            resettlement. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none">\r\n                            <b><span style="font-family: Arial">Defraying \r\n                            expenses incurred </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-right: 1.4pt">\r\n                            <b><span style="font-family: Arial">25.· </span></b>\r\n                            <span style="font-family: Arial">The expenses \r\n                            incurred in pursuance of sections 22, 23, and 24 \r\n                            shall be defrayed by the Republic. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none">\r\n                            <b><span style="font-family: Arial">Annual and other \r\n                            reports </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-right: .95pt">\r\n                            <b><span style="font-family: Arial">26. </span></b>\r\n                            <span style="font-family: Arial">(1) The Board shall \r\n                            within one month after the receipt of the audit \r\n                            report, submit an annual report to the Minister \r\n                            covering the activities and the operations of the \r\n                            Authority for the year to which the report relates.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -11.5pt; text-autospace: none; margin-left: 36.0pt; margin-right: 1.4pt">\r\n                            <span style="font-family: Arial">(2) The annual \r\n                            report shall include the report of the Auditor - \r\n                            ­General. </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-align: justify; text-indent: 33.1pt; text-autospace: none; margin-right: 2.85pt">\r\n                            <span style="font-family: Arial">(3) The Minister \r\n                            shall, within one month after the receipt of the \r\n                            annual report, submit the report to Parliament with \r\n                            a statement that the Minister considers necessary.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 33.1pt; text-autospace: none; margin-left: .95pt; margin-right: 1.65pt">\r\n                            <span style="font-family: Arial">(4) The Board shall \r\n                            also submit to the Minister any other reports, which \r\n                            the Minister may require in writing. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .2pt">\r\n                            <b><span style="font-family: Arial">Regulations\r\n                            </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 12.2pt; margin-right: 1.9pt">\r\n                            <b><span style="font-family: Arial">27. </span></b>\r\n                            <span style="font-family: Arial">(1) The Authority \r\n                            may, by legislative instrument, make Regulations <i>\r\n                            (a) </i>prohibiting, restricting or regulating the \r\n                            use of the lake and the lakeside area; </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 48.95pt">\r\n                            <i><span style="font-family: Arial">(b) </span></i>\r\n                            <span style="font-family: Arial">prohibiting, \r\n                            restricting or regulating the abstraction of water\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none">\r\n                            <span style="font-family: Arial">\r\n                            &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; . &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; from the Black \r\n                            Volta River or the lake, otherwise than for </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 66.7pt; margin-right: 1.65pt">\r\n                            <span style="font-family: Arial">the. purpose of \r\n                            obtaining water for domestic use in a village, town \r\n                            or house situated within the catchment''s area of the \r\n                            Black Volta River; </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.95pt; margin-right: .95pt">\r\n                            <i><span style="font-family: Arial">(c) </span></i>\r\n                            <span style="font-family: Arial">imposing penalties \r\n                            on persons trespassing on land in the ownership or \r\n                            possession of the Authority; </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -28.55pt; text-autospace: none; margin-left: 66.95pt; margin-right: .95pt">\r\n                            <span style="font-family: Arial">. <i>(d) </i>\r\n                            prohibiting, restricting or regulating the movement \r\n                            of motor or any other vehicular traffic on or in the \r\n                            vicinity of the dam; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; . </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.95pt; margin-right: .95pt">\r\n                            <i><span style="font-family: Arial">(e) </span></i>\r\n                            <span style="font-family: Arial">for the better \r\n                            performance of the Authority''s functions under \r\n                            section 11; and </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.95pt; margin-right: .95pt">\r\n                            <i><span style="font-family: Arial">(f) </span></i>\r\n                            <span style="font-family: Arial">generally for the \r\n                            purpose of enabling the better performance by the \r\n                            Authority of its functions. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 32.85pt; text-autospace: none; margin-left: 1.65pt">\r\n                            <span style="font-family: Arial">(2) The Regulations \r\n                            may in addition to the penalties which can be \r\n                            imposed by virtue of section 9 of the Statutory \r\n                            Instruments Act, 1959 (No. 52), impose in the case \r\n                            of continuous offences, an appropriate fine for each \r\n                            day during which the offence continues. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 32.85pt; text-autospace: none; margin-left: 1.65pt">\r\n                            <span style="font-family: Arial">(3) In lieu of \r\n                            prohibiting, restricting or regulating an activity, \r\n                            the Regulations may regulate that activity under a \r\n                            licence to be granted by the Board. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 33.1pt; text-autospace: none; margin-left: .95pt; margin-right: 1.65pt">\r\n                            <span style="font-family: Arial">(4) The Regulations \r\n                            may prescribe the forms to be used and the fees to \r\n                            be paid for the licences. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 32.85pt; text-autospace: none; margin-left: 1.65pt">\r\n                            <span style="font-family: Arial">(5) Proceedings for \r\n                            offences against the Regulations shall not be \r\n                            instituted except by the Attorney-General or by the \r\n                            Authority with the consent of the Attorney-General.\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .75pt">\r\n                            <b><span style="font-family: Arial">Protection of \r\n                            officers </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 11.75pt; text-autospace: none; margin-left: .95pt; margin-right: .7pt">\r\n                            <b><span style="font-family: Arial">28. </span></b>\r\n                            <span style="font-family: Arial">A matter or thing \r\n                            done by an officer or employee of the Authority \r\n                            shall not subject that officer or employee or a \r\n                            person acting by the directions of that officer or \r\n                            employee personally, to a civil liability where that \r\n                            matter or thing is done bona fide for the purpose of \r\n                            executing a provision of this Act. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .75pt">\r\n                            <b><span style="font-family: Arial">Financial \r\n                            agreements </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .95pt; margin-right: 2.15pt">\r\n                            <b><span style="font-family: Arial">29. </span></b>\r\n                            <span style="font-family: Arial">(1) Subject of \r\n                            article 181 of the Constitution, the President may, \r\n                            in writing, as the President considers it necessary \r\n                            in the public interest,</span></p>\r\n                            <p class="MsoNormal" style="text-indent: 1.2pt; text-autospace: none; margin-left: 49.25pt; margin-right: 2.15pt">\r\n                            <i><span style="font-family: Arial">(a) </span></i>\r\n                            <span style="font-family: Arial">enter into \r\n                            agreements providing for the guarantee of an \r\n                            obligation &nbsp;&nbsp;undertaken by the Board, and </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.75pt; margin-right: 1.4pt">\r\n                            <i><span style="font-family: Arial">(b) </span></i>\r\n                            <span style="font-family: Arial">enter into \r\n                            agreements providing for loans by the Government to \r\n                            the Board. </span></p>\r\n                            <p class="MsoNormal" style="text-indent: 32.85pt; text-autospace: none; margin-left: .95pt; margin-right: 2.15pt">\r\n                            <span style="font-family: Arial">(2) Moneys payable \r\n                            under an agreement referred to in subsec­tion (1) \r\n                            are charged on the Consolidated Fund. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: .75pt">\r\n                            <b><span style="font-family: Arial">Interpretation\r\n                            </span></b></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 12.95pt">\r\n                            <b><span style="font-family: Arial">30. </span></b>\r\n                            <span style="font-family: Arial">(1) In this Act, \r\n                            unless the context otherwise requires, </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-autospace: none; margin-left: 49.2pt; margin-right: 2.6pt">\r\n                            <span style="font-family: Arial">&quot;abstract&quot; includes \r\n                            divert, or by any other means cause to flow; \r\n                            &quot;Authority&quot; means the Bui Authority established by \r\n                            section 1; &quot;Board&quot; means the governing body of the \r\n                            Authority; </span></p>\r\n                            <p class="MsoNormal" style="text-indent: -17.5pt; text-autospace: none; margin-left: 66.75pt; margin-right: 1.4pt">\r\n                            <span style="font-family: Arial">&quot;Bui township&quot; \r\n                            means the area of land acquired for the development \r\n                            of the Bui township; </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 49.2pt">\r\n                            <span style="font-family: Arial">&quot;chief executive \r\n                            officer&quot; means the Chief Executive Officer </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-indent: 17.5pt; text-autospace: none; margin-left: 49.2pt; margin-right: 72.95pt">\r\n                            <span style="font-family: Arial">of the Authority, \r\n                            appointed under section 9; &quot;citizen&quot; means a citizen \r\n                            of Ghana; &quot;functions&quot; includes powers and duties;\r\n                            </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -17.5pt; text-autospace: none; margin-left: 66.75pt; margin-right: .7pt">\r\n                            <span style="font-family: Arial">&quot;lake&quot; means the \r\n                            lake created as a result of the construction of the \r\n                            dam, as the waters of the lake extend from time to \r\n                            time, including the islands in the lake; </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: -17.5pt; text-autospace: none; margin-left: 66.75pt; margin-right: .7pt">\r\n                            <span style="font-family: Arial">&quot;lakeside area&quot; \r\n                            means any of the lands referred to in paragraph <i>\r\n                            (a) </i>of subsection (2) of section 22 as are not \r\n                            for the time being comprised in the lake; </span>\r\n                            </p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 49.2pt">\r\n                            <span style="font-family: Arial">&quot;member&quot; means a \r\n                            member of the Board; </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 49.2pt; margin-right: 15.35pt">\r\n                            <span style="font-family: Arial">&quot;Minister&quot; means \r\n                            the Minister responsible for Energy; &quot;Regulations&quot; \r\n                            means the Regulations made under this Act. </span>\r\n                            </p>\r\n                            <p class="MsoNormal" align="center" style="text-align: center; text-autospace: none; margin-left: 49.2pt">\r\n                            <span style="font-family: Arial">&quot;supply&quot; in \r\n                            relation to electrical power includes maintaining \r\n                            potential, whether or not the power so supplied is \r\n                            taken. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 32.85pt; text-autospace: none">\r\n                            <span style="font-family: Arial">&nbsp;(2) For the \r\n                            purposes of the Rivers Act, 1903, and any other \r\n                            enact­ment, the lake is not a river, and section 10 \r\n                            of the Rivers Act shall not apply to any part of the \r\n                            Black Volta River upstream of the lake. </span></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 32.85pt; text-autospace: none">\r\n                            <span style="font-family: Arial">(3) Officers of the \r\n                            Authority are public officers for the purposes of \r\n                            the Criminal Offences Act, 1960 (Act 29) and the \r\n                            Criminal and other Offences (Procedure) Act, 1960 \r\n                            (Act 30). </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none">\r\n                            <b><span style="font-family: Arial">Amendments to \r\n                            Act 46 </span></b></p>\r\n                            <p class="MsoNormal" style="text-align: justify; text-indent: 12.0pt; text-autospace: none; margin-left: .2pt">\r\n                            <b><span style="font-family: Arial">31. </span></b>\r\n                            <span style="font-family: Arial">The Volta River \r\n                            Development Act, 1961 (Act 46) is amended by the \r\n                            deletion of the words &quot;the Black Volta&quot; in the \r\n                            definition of the words &quot;River Volta&quot; in section 38 \r\n                            of that Act. </span></p>\r\n                            <p class="MsoNormal" style="text-autospace: none; margin-left: 84.25pt; margin-right: .25pt">\r\n                            <span style="font-family: Arial">Date of <i>Gazette\r\n                            </i>notification: 3rd August, 2007. </span></p>\r\n                            <p class="MsoNormal">\r\n                            <span style="font-family: Arial">&nbsp;</span></p>\r\n                            <p class="MsoNormal">\r\n                            <span style="font-family: Arial">&nbsp;</span></p>\r\n                            <p align="center">\r\n	</td>\r\n  </tr>\r\n					</table>\r\n                    </td>\r\n                </tr>\r\n                <tr>\r\n                  <td vAlign="top" align="left" width="728" height="64">\r\n                    <p class="MsoNormal" style="text-align: justify">\r\n                    <span style="font-family: Arial">&nbsp;</span></p>\r\n                                              </td>\r\n                </tr>\r\n', 'Fourth', 'Yes', 'ACT 740');
