LW 231 COURSE REVIEW(DRAFT ONE)
COURSE REVIEW. ADB-II LAW RELATING TO BANKING 1. BILLS OF EXACHANGE AND BANKING 1.1. Introduction 1.2. Banking system in Tanzania 1.3. The development of the monetary systems and the financial sector reforms 1998 to date. 1.4. Financial institutions in Tanzania and their position in the Banking system 1.5. Applicable Law • The Bank of Tanzania Act, 1995 • The Banking and Financial Institutions Act, 2006 • The Capital Markets and Securities Act • The Dar-es-salaam Stock Exchanges Act, • The Foreign Exchanges Act. • The Bills of Exchange Act. • Basel II Accord. 2. BILLS OF EXCHANGE AND THE PROTECTION OF THE BANKER.SECTION 73-85 BEA 2.1. Definition of the Bills of Exchange 2.2. Types of the bills of exchange. 2.3. Definition of a Cheque 2.4. Crossed cheque 2.5. Presentment of a cheque for payment 2.6. Protection of the paying bank and the drawer when the cheque is crossed. 2.7. Protection of the collecting bank on unendorsed cheque 2.8. Effects of crossing on the holder 2.9. Rights of the...