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IN exercise of the powers
conferred on the Commissioner
responsible for Finance by section
38 of the Exchange Control Act,
1961 (Act 71), these Regulations
are made this 27th day of January,
1976.
Regulation 1—Visa or Entry Permit
to be Granted upon Purchase of
Cedi Voucher.
(1) Subject to the provisions of
the Aliens Act, 1963 (Act 160) and
to the provisions of these
Regulations no visa or entry
permit shall be granted to any
person travelling to Ghana
referred to in these Regulations
as the "traveller" unless he has
purchased for exchange in Ghana
the Cedi Voucher referred to in
subregulation (2) of this
regulation issued by the Bank of
Ghana.
(2) A traveller shall be required
to purchase in foreign exchange a
voucher of not less than U.S.
$50.00 in value or such additional
amount as the Bank of Ghana may
determine.
Regulation 2—Ghana Diplomatic
Mission or Consulate to Sell
Voucher.
A
traveller shall purchase the
voucher from an authorised agent
of the Bank of Ghana in the
diplomatic mission or consulate of
Ghana in the country where the
traveller is resident or from
which he intends to travel to
Ghana.
Regulation 3—Endorsement of
Passport or Travel Document of
Traveller.
The value of a voucher purchased
by a traveller shall be endorsed
on the visa or entry permit in his
passport or travel document by the
authorised agent of the Bank of
Ghana.
Regulation 4—Voucher is
Non-negotiable and is not to be
Re-exchanged.
(1) The voucher which is
non-negotiable shall be encashed
only in Ghana by an authorised
dealer at its face value in Ghana
currency at the rate of exchange
applicable at the time of payment
between the cedi and the foreign
exchange used in purchasing the
voucher.
(2) A voucher shall not be
re-exchanged for any foreign
exchange.
Regulation 5—Traveller in Ghana
With no Evidence of Purchase of
Voucher.
(1) Where a traveller who arrives
in Ghana shows no evidence in his
passport or travel document that
he has purchased the voucher the
immigration officer shall not
grant him a permit to enter Ghana
unless he has purchased the
voucher from an authorised dealer
at the port or place of
disembarkation.
(2) A traveller who refuses to
comply with subregulation (1) of
this regulation shall not be
granted permit to enter Ghana and
shall be ordered to leave Ghana
immediately.
Regulation 6—Immigration Officer
to inspect Passport or Travel
Document.
It shall be the duty of an
immigration officer or a person
authorised by the Bank of Ghana to
inspect the passport or travel
document of any traveller who has
arrived in Ghana to ensure that
the traveller has complied with
the provisions of these
Regulations.
Regulation 7—Authorised Agent of
Bank of Ghana to Submit Returns.
An authorised agent of the Bank of
Ghana shall at the end of each
month forward to the Bank of Ghana
particulars of all vouchers sold
by him during that month.
Regulation 8—Special Bank Account.
(1) An authorised agent of the
Bank of Ghana shall open a special
bank account into which he shall
pay all foreign exchange realised
from the sale of the vouchers.
(2) The Bank of Ghana may from
time to time give directions in
writing to the authorised agent of
the Bank with regard to the
disposition of foreign exchange
held on deposit in such bank
account, and the agent shall
comply with such directions.
Regulation 9—Authorised Dealers to
Maintain Proper Records and Submit
Returns.
(1) An authorised dealer shall
maintain proper and up-to-date
records of all transactions
involving the exchange of vouchers
and such records shall be examined
from time to time by an officer
authorised by the Bank of Ghana.
(2) An authorised dealer shall at
the end of each month furnish to
the Bank of Ghana the following
particulars in respect of vouchers
encashed during that month:-
(a) the value of the voucher in
foreign exchange;
(b) the amount of cedis for which
the voucher was encashed;
(c) the country where the voucher
was purchased; and
(d) such other information as the
Bank of Ghana may reasonably
request in writing.
Regulation 10—Exemption.
The Commissioner responsible for
Finance or a person authorised in
that behalf by him may in writing
exempt any person or class of
persons from the provisions of
these Regulations.
Regulation 11—Regulations not
Applicable to Certain Persons.
These Regulations shall not apply
to the following persons:
(a) Ghanaians resident in Ghana;
or
(b) Ghanaians resident outside
Ghana; or
(c) non-Ghanaians resident in
Ghana; or
(d) any person who enters Ghana by
sea or air in direct transit to a
place outside Ghana, that is to
say —
(i)
where he arrives in a vessel which
is proceeding to a place outside
Ghana, if he does not disembark
from the vessel;
(ii) where he arrives in an
aircraft, if he does not leave the
precincts of the airport and
leaves Ghana within 24 hours on
the same or another aircraft.
Regulation 12—Interpretation.
In these Regulations—
"authorised agent of the Bank of
Ghana" means the person authorised
by the Bank of Ghana to sell on
its behalf the Cedi voucher issued
by the Bank;
"authorised dealer" means a person
prescribed in that behalf under
section 1 of the Exchange Control
Act, 1961 (Act 71);
"foreign exchange" means currency
notes, bank notes or coins which
are at any time legal tender and
which are convertible into
currency which is legal tender in
any other country;
"Immigration Officer" has the
meaning assigned to it in section
29 of the Aliens Act, 1963 (Act
160).
COLONEL I. K. ACHEAMPONG
Commissioner Responsible for
Finance
Date of Gazette Notification: 30th
January, 1976.
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