Privatisation (Political Leaders and Public Officers) (Bidding) Regulations, 1994

2. (I) In these Regulations, unless the context otherwise re- quires- Intcrprcta- Lion • 11 Agency I I means the Zambia Privatisation Agency estab­ lished under section three of the Act; 11 Director I I means the Director of the Privatisation Agency; " political leader" means any of,the following persons or their spouses; ( a) the President, Vice President, Speaker of National Assembly, Minister, Leader of the Official Oppo­ sition in Parliament, Deputy Speaker, Deputy Min­ ister and Member of Parliament; and (b) members of the executive of all registered political panics; " public officer II means any of the following persons or their spouses: State House Chief of Staff, Secretary to the Cabinet, Special Assistants to .the President, Deputy Secre­ tary to the Cabinet and Permanent Secrcta�ies. Copies of this Statutory Instrument can be obtained from the Goverrvnenl Printer, P.O. Box 30136, 10100,Lusaka. Price K25.00 each. 12 Statutory Instruments 14th January, 1994 (2) For the purposes of these Regulations, a person shall not be considered as holding a public office by reason only of the fact that he is in receipt of a pension or other like allowance in respect of service as a public officer. Disclosure of intention to bid

3. (I) A political leader or public officer who is desirous of purchasing shares in any state-owned enterprise or any of its assets shall- ( a) not less than twenty-one days before bidding, disclose his intention to bid at least once in the Gazette or a national daily newspaper of general circulation; and (b) when submitting his bid, lodge with the Director a copy of the issue of the Gazette or newspaper in which his intention was disclosed. (2) A bid that does not comply with the provisions of these regulations shall not be considered by the Agency and shaU be void.

4. (1) A political leader or public officer who has shares in a limited liability company or partnership which is desirous of bidding for shares or assets of a particular state-owned enterprise shall advertise at least once in the Gazette or a national daily newspaper of general circulation the intention of his company or partnership to bid. (2) When a company or partnershipreferred to in sub-regulation (1) submits its bid, it shall also submit a copy of the Gazette or newspaper in which the disclosure referred to therein was made. (3) A bid that does not comply with the provisions of these regulations shall not be considered by the Agency and shall be void .

6. The Agency shl!ll not refund costs, fees, charges or expenses or expenses incurred by unsuccessful bidders. LUSAKA 7th January, 1994 (MCI.101/6/32) A. s. HAMl3AYI, Minister of Commerce, Trade and Industry Disclosure of interest in companies Unsuccessful bidders' fees, charges and �xpenses •