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*Law experts argue that bond notes should expire after 180 days* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?ci Legislative watchdog, Veritas, has argued that bond notes should only be in circulation for 180 days, as they were issued under President Robert Mugabe’s “invalid and unconstitutional” Temporary Measures Act, which is only valid for six months. The bond notes are set to come into circulation this month after Mugabe gazetted Statutory Instrument (SI) 133/2016. ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- Veritas, in a commentary, said the Presidential Powers (Temporary Measures) Act is unconstitutional, though the government continues to use it to gazette regulations covering a wide range of controversial issues, > As the title of the Presidential Powers (Temporary Measures) Act suggests, and as the text of the Act confirms, regulations made under the Act are temporary measures only. Unless confirmed by an Act of Parliament, they expire after 180 days. If, as must be the case, the government intends bond notes to be a feature of life in Zimbabwe for longer than 180 days, it will have to go to Parliament with an appropriately worded Bill. Veritas said there was no need to resort to the Presidential Powers Act if the government did not have a sinister agenda. More: NewsDay itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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