Legislation

Central Banking Act 2000

The Central Banking Act 2000, was passed by Parliament, on 26 April 2000 to amend and consolidate the law constituting and relating to the Bank of Papua New Guinea as the central bank, and to repeal the Central Banking Act (Chapter 138) and to amend various Acts and for related purposes.

The purpose of the Central Banking Act 2000 is to:

  • amend and consolidate the laws establishing the Bank of Papua New Guinea as the central Bank, and to define its objectives and functions;
  • confer upon the Bank of Papua New Guinea certain functions and powers including formulation and implementation of monetary policies and regulation of the financial system;
  • make provision for and regulate Papua New Guinea currency; and
  • make provisions in respect of foreign exchange and international reserves
  • Download Central Banking Act

Savings and Loan Societies (Amendment) Act 1995

About the Savings & Loan Societies (Amendment) Act 1995

Life Insurance Act (Amendment)

Being an Act to amend the Life Insurance Act 2000.

Life Insurance Act 2000

Being an Act to make provision for the licensing, regulation and supervision of companies involved in life insurance business and the activity of life insurance agents, to amend various acts and for related purposes.

Superannuation (General Provisions) Act 2000

An Act which makes provision for the licensing, regulation and supervision of superannuation funds, trustees, investment managers and fund administrators, the imposition of mandatory contributions to superannuation funds and to amend various Acts and for related purposes.

Superannuation (General Provisions) Amendment Act 2002

An Act to amend the Superannuation (General Provisions) Act 2000.

Banks & Financial Institutions Act

Information about the Banks & Finanancial Institutions Act, which makes provision for the licensing and regulation of banks and licensed financial institutions amend various Acts and for related purposes.

National Payments System Act 2013

Being an act to establish National Payments System and to empower the Central Bank to regulate and oversee the National Payments System and for related puropses

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