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INVESTMENT POLICY (MODIFICATION OF EXCHANGE CONTROL ACT, 1961 (ACT 71) INSTRUMENT, 1970 (LI 1070).

 

IN exercise of the powers conferred on the Chairman of the Supreme Military Council by section 41 (4) of the Investment Policy Decree, 1975 (N.R.C.D.329) this Instrument is made this 2nd day of April, 1976.

For the purposes of the acquisition by any citizen of Ghana resident outside Ghana of any part of the capital of any enterprise affected by the Investment Policy Decree, 1975 (N.R.C.D. 329), such citizen shall be deemed to be a Ghana resident within the meaning of the Exchange Control Act, 1961 (Act 71), and that Act shall be deemed to be modified accordingly.

GENERAL J. K. ACHEAMPONG

Chairman of the Supreme Military Council

Date of Gazette Notification: 9th April, 1976.

 

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