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National Economic Empowerment Act, 2004 (No. 16 of 2004).

Country/Territory
United Republic of Tanzania
Document type
Legislation
Date
2005
Source
FAO, FAOLEX
Long title
An Act to establish the National Economic Empowerment Council for the promotion and facilitation of ownership of income generating activities and assets by Tanzanians to provide legal and institutional framework for the Council; to establish the National Economic Empowerment Fund and to provide for the control of the financial affairs of the Council and the Fund, and to provide for other incidental matter.
Subject
Agricultural & rural development
Keyword
Agricultural development Institution Registration
Geographical area
Africa, Eastern Africa, Least Developed Countries
Entry into force notes
The Act shall come into operation on such date as the Minister may appoint by Notice in the Gazette.
Abstract

This Act established the National Economic Empowerment Council as a body corporate under section 3. The Council shall implement the National Economic Empowerment Policy as promulgated by the Government and shall develop a strategic institutional framework and national guidelines to support planning and coordination of a specific sector and multi-sector response to the proposed policy. A National Economic Empowerment Fund is established under section 16. A Register of institutions and organizations engaging in economic activities established under section 25. Registration with the Register shall be compulsory.

Full text
English
Website
www.parliament.go.tz