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EXCHANGE CONTROL (AMENDMENT) REGULATIONS, 1989[sic] (LI 1440).

 

 

 

IN exercise of the powers conferred on the Provisional National Defence Council Secretary for Finance and Economic Planning by section 38 of the Exchange Control Act, 1961 (Act 71) these Regulations are made this 26th day of April, 1989.

Regulation 1—L.I. 133 Amended

The Exchange Control Regulations, 1961 (L.I. 133) is hereby amended by the substitution for regulation 1 thereof of the following new regulation:

“1. Authorised Dealers.

The following are authorised dealers in gold and external currency for the purposes of the Act:

(a)  Ghana Commercial Bank;

(b)  Standard Bank Ghana Ltd.;

(c)  Barclays Bank Ghana Ltd.;

(d)  Merchant Bank Ghana Ltd.;

(e)  Premier Bank Limited;

(f)   National Investment Bank;

(g)  Social Security Bank Limited;

(h) Bank for Housing and Construction;

(i)  Agricultural Development Bank."

 

Regulation 2—Revocation

 

The following Regulations are hereby revoked:

Exchange Control (Amendment) Regulations,  1984 (L.I. 1298);

Exchange Control (Amendment) (No. 2) Regulations, 1984 (L.I. 1306);

Exchange Control (Amendment) Regulations, 1987 (L.I. 1353).

 

DR. KWESI BOTCHWEY

P.N.D.C. Secretary for Finance and Economic Planning

 

 

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