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ARTICLE · 10 JUNE 2019

New Regulations On Mortgaging Land

This finance briefing provides an update on our brief notes of January 2018 and March 2018 that focused on the amendments to the Land Act, 1999 (the Land Act)

TanzaniaFinance and Banking

This finance briefing provides an update on our brief notes of January 2018 and March 2018 that focused on the amendments to the Land Act, 1999 (the Land Act) which were introduced in the Written Laws (Miscellaneous Amendments) (No. 5) Bill, 2017 and the Written Laws (Miscellaneous Amendments) (No. 1) Act, 2018 (the Act).

In addition to the above, this article provides a review of the additional provisions and amendments introduced by the Land (Procedure For Mortgage of Land) Regulations, 2019 (the Regulations).

These are some of the additions and amendments that have been made in the Regulations:

No. RELEVANT POSITION INTERPRETATION
1. Undeveloped and underdeveloped land (regulation 4 of the Regulations)

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