The objects of this Bill are to —

(a) provide for the additional functions, operations and

management of the Bank of Zambia;

(b) provide for the composition of the Board of Directors of

the Bank of Zambia and provide for their functions;

(c) provide for the establishment of the Monetary Policy

Committee and the Financial Stability Committee and

provide for their functions;

(d) repeal and replace the Bank of Zambia Act, 1996; and

(e) provide for matters connected with, or incidental to, the

foregoing.