Ninsolvency act 2011 uganda pdf

The insolvency act 2015 ministry of industry, trade and. Hunt, unintende d consequence s of land rights reform. Analysing ugandas sales of goods act cap 82 dbazekukettas. New law to rescue the bankrupt new visionuganda news. Appropriation act means any act applying a sum of money out of the consolidated.

Act 8 electronic transactions act 2011 the electronic transactions act, 2011. The updated version of the act is intended for guidance only and the original act and amending instruments should be consulted for legal purposes. Uganda amends financial institutions act 256 business. Insolvency act, 2011, 2011 uganda legal information institute. Subscribe for updates on vacancies, tenders and ministry updates. Access to roads act 1969 ch 350 the civil airworthiness regulations 2005 the civil aviation aircraft registration and marking regulations, 2005. B bachelor of laws lou laws of uganda lssp land sector strategic plan. In this act assignee means the assignee in insolvency of a debtors estate. This book explains the principles and practises of the 1998 land act, which brought about substantial changes to the land tenure laws of uganda. Mental health law reform in uganda introduction the purpose of the mental health and poverty project mhapp was to develop, implement and evaluate mental health policy in poor countries, in order to provide new knowledge regarding comprehensive multisectoral approaches to breaking the negative cycle of poverty and mental illhealth. The insolvency act 2011 has altered insolvency law in uganda to varying degrees. I in this act, unless the context otherwise requires.

Tax watch aug 20 5 international call services which in turn will reduce on the pro. The motivations behind the uganda insolvency act 2011 by. Insolvency act, 2011 uganda registration services bureau. Sep 04, 2015 the sale of goods act is a codification of the common law principles that regulated the sale of goods. The republic of uganda the companies act cap 110 company limited by guarantee memorandum of association of african community team support acts 1 the name of the company is african community team support ltd.

Press and journalist act 1995 the uganda communications amendment bill uganda communications act 1997 uganda communications act 1997. Amuru district in acholi 7 refugee law project, 2006 8 deninger, 2003 9 rugadyaet al, 2008. In fundamental nature, the importance of reforming these regulations is generally recognised but the velocities at which the reforms are realised in. The sale of goods act is a codification of the common law principles that regulated the sale of goods. A compendium of laws on banking in uganda edited by alex buri, joseph kyazze the first publication bringing together laws relating to banking in uganda into one volume. Arbitration and conciliation act 2000 ch 4 chapter 4. The law allows for receivership, administration, liquidation in cases of insolvency. I think it is notorious facts of which judicial notice may be taken.

The workers compensation act, cap 225, laws of uganda 2000. These reforms have brought insolvency law into close contact with a number of legal areas such as company law and with a range of national stakeholders, in the process making the study of insolvency law a very interesting endeavour. An act of parliament to repeal and reenact with amendments the arbitration act and to provide for connected purposes l. The labour disputes arbitration and settlement act, 2003. The project arose from a request by judges attending the eighth uncitralinsol inter nationalworld bank multinational judicial colloquium, held in vancouver. Historical development of modern law of contract 1 2. It is time to shift from the ad hoc approach of proving customary law to an approach that will promote consistency in the law and enhance the. Insolvency act, 2011, 2011 uganda legal information. Act 1 companies act 2012 start a business in uganda with.

The president of the national association of women judges uganda nawju, stella arach amoko, attributed this in part to the fact that the law on the subject, the domestic violence act, no. Financial institutions act, 2004 as amended in 2008, 2009 and 2011. Problems and proposals for reform ngaundje doris leno centre for advanced corporate and insolvency law, university of pretoria, pretoria, south africa abstract the purpose of this article is to explore some key insolvency issues, which will be. An act to amend the judicature act to prescribe the number of justices on the supreme court and on the court of appeal in accordance with articles and 4 of the constitution. An act to consolidate and amend the laws relating to insolvency. After uganda became an independent state from britain 1962, the policy advocated by the earc almost came to a standstill. Second, prior to the insolvency act 2010, the lack of modern insolvency laws cast a shadow of uncertainty over commercial activity in uganda for companies that fell into insolvency. The last point in particular has become a trademark for uganda. The bill is an amendment to the financial institutions act 2004, which governs ugandas financial sector especially the commercial banking and. The new law will hopefully instil and stimulate greater international governance principals and good business practice.

Short title this act may be cited as the arbitration act, 1995. Changes in the schedule to the excise tariff act the excise tariff amendment bill 20 also proposes to raise excise duty on cigarettes, undenatured spirits and fuel. Ltd v fiat motors ltd 1910, the court noted that the common law principles that related to the sale of goods were now codified into the sale of goods act 1893. Uganda strongly encourages private investment, both foreign and domestic. Table of contents table of cases iii tableof statutes xv prefcice. Ministry of industry, trade and cooperatives, kenya. Insolvency act 2011 an overview october 2011 introduction the new insolvency act 2011 the act will prove to be a landmark in gibraltar. Application except as otherwise provided in a particular case the provisions of this act. Printed by uppc, entebbe, by order of the government. It is an exciting piece of legislation for insolvency practitioners, financial institutions and other key business and commercial players. This reality was best captured in jambo biscuits v barclays bank 2002, where justice ringera, stated that.

Insolvency acts and regulations uganda registration. Drivers of insolvency reforms in kenya fancy chepkemoi too abstract insolvency frameworks have increasingly become a subject of reform activities all over the world. An act to make provision for the administration of insolvent and assigned estates and for matters incidental thereto. The updated version of the act is intended for guidance only and. Act 14 insolvency act 2011 the insolvency act, 2011. In one last gust move, the ugandan parliament on january 6 passed the long delayed financial institutions act amendment bill 2015, opening new possibilities for the countrys financial sector. The first publication bringing together laws relating to banking in uganda into one volume. Act 14 insolvency act 2011 uganda law reform commission.

Uganda enacted the insolvency act in 2011 and it came into force in july 20. Montserrat 6 public finance management and accountability act auditorgeneral means the person appointed or deemed to have been appointed auditorgeneral under section 3 of the audit act. An act to provide for receivership, administration, liquidation, arrangements, bankruptcy, the regulation of insolvency practitioners and cross border insolvency. This copy of the financial institutions act, 2004 has been updated for informational purposes to include amendments made under act 24 of 2008, act 11 of 2009 and act 23 of 2011 the central bank accepts no liability for any loss arising of its use. Uganda registration services bureau plot 5 george street, georgian house, p.

Kigula, 1999 10 deininger and castagnini, 2004 11 as cited in status of urbanization in uganda, 2007 12 ugandas gdp grew an average of 6. Jsp strategic plan for the uganda judiciary la98 land act 1998 lasp legal aid service providers laspnet legal aid service providers network lccs local council courts ldc law development centre, kampala ll. The government has pursued a steady policy of improving the investment climate by reducing bureaucracy, streamlining the legal framework, fighting corruption and stabilising the economy. Uganda enacted its first law to deal with refugees in 1955, which was repealed in 1960 by the control of alien refugees act. The president of the national association of women judgesuganda nawju, stella arach amoko, attributed this in part to the fact that the law on the subject, the domestic violence act, no. The above act, which has been passed shall repeal the long standing companies act, 1961 which had for all intents and purposes, given the global trends in corporate practice, become burdensome, onerous and outdated. Drivers of insolvency reforms in kenya business and investment. Kenya enacts new insolvency legislation implementing. Act 14 insolvency act 2011 upon the commencement of the liquidation of a company, every present or former director, secretary or employee of the company shall disclose fully and truthfully to the liquidator all the property of the company and details of the disposal of any property by the company including property disposed of in the. Cancellation, suspension and deletion of name of employer from. An act to amend and consolidate the law relating to the incorporation, regulation and winding up of companies and other associations and to make provision for other related and connected matters.

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