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GHANA LEGAL SYSTEM & LEGAL METHODS ll: Other Titles: LAW 102: Authors: FACULTY OF LAW(L100) ... Ghana Legal System & Legal Method. 17th June, 2017.pdf: 1.67 MB: Adobe ...
- General Framework For Investments
- Choosing The Corporate Vechicle
- Acquisitions
- Banking & Financial Services
- Capital Markets
- Insurance Industry
- Mining
- Petroleum
- Telecomes
- Protection of IP Rights
The Directive Principles of State Policy, prescribed under the 1992 Republican Constitution of Ghana, emphasise the encouragement of foreign investment in Ghana, subject to any law that is in force and regulates investment in Ghana. The Ghana Investment Promotion Centre (GIPC) Act 2013 (Act 865) and the Free Zones Act 1995 (Act 504), respectively, ...
In Ghana a local entity may be established by either: the incorporation of a private or public company limited or unlimited by shares (for profit) or by guarantee (not for profit); or by registration of an external company, i.e. a branch of a company (for profit or not for profit) incorporated outside of Ghana. The minimum capitalisation (either ca...
A company seeking to do business in Ghana may acquire an equity stake in an existing company (investee company). Such an acquisition does not obviate the obligation to comply with minimum capitalisation requirements. Where the industry or sector in which an investee company operates is regulated, the approval of the regulator may be required. Addit...
The BoG must approve any agreement or arrangement that would result in a change in the control of any bank, non-banking financial institution or their holding companies. Consequently the sale, disposal or transfer of 10% or more of the capital or voting rights of a firm (significant interest), an amalgamation or a merger requires BoG approval.
Ghana’s capital markets are regulated by the SEC, which has the legal mandate to protect investors and maintain the integrity of the securities market and the GSE. There is also the Ghana Alternative Market (GAX), which is a parallel market to the GSE and which focuses on small and medium-sized enterprises that have potential, including start-ups. ...
In the insurance sector, the acquisition or sale of a significant interest in an insurance company also requires the prior written approval of the National Insurance Commission (NIC). A significant interest is defined as any interest in the company that entitles a person to control 10% or more of the voting rights, dividends or share in any distrib...
The acquisition of a stake in a mining enterprise that vests in any person, either alone or with an associate or associates, control of more than 20% of the voting power at any general meeting of a mining company or of its holding company requires the approval of the minister responsible for mines. The Mining Act is being reviewed in order to tight...
In the upstream sector, there is a local content requirement for a non-transferable minimum of 5% shareholding by Ghanaian companies operating in the upstream sector. This requirement can only be waived on the authority of the Ministry of Lands and Natural Resources. The downstream sector in Ghana covers the import, export, re-export, shipment, pro...
In the communications sector, the National Communications Authority must approve the transfer of shares in a licensee company if the transfer would result in a change of control of that company and cause that company to breach licence terms relating to its ownership structure.
Ghana has legislation protecting intellectual property (IP) and is a member of the World Intellectual Property Organisation (WIPO) and a signatory to the under-listed WIPO-administered treaties including: 1. Singapore Treaty on the Law of Trademark; 2. Paris Convention for the Protection of Industrial Property; 3. Washington Treaty on Intellectual ...
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Sep 18, 2021 · French Law - A type of civil law that is the legal system of France. The French system also serves as the basis for, or is mixed with, other legal systems in approximately 50 countries, notably in North Africa, the Near East, and the French territories and dependencies. French law is primarily codified or systematic written civil law.
Resolution within the Ghanaian Legal System. The criminal justice system comprises of various courts with criminal jurisdiction, the lowest in the hierarchy is the District Magistrate Court and the highest is the Supreme Court. In between these courts are the Court of Appeal, the Regional Tribunal and the Circuit Court. OSEI BONSU DICKSON1 ...
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23 abril, 2023. 5 Main Sources of Law in Ghana. As a legal enthusiast, one cannot help but admire the intricate and multifaceted nature of the legal system in Ghana. The country`s legal framework draws from a variety of sources, each playing a crucial role in shaping the laws that govern the land.
Apr 17, 2020 · Help. GhaLII is a non-profit organisation based in Accra that publishes digital parliamentary, legislative and judicial information from Ghana and ECOWAS. GhaLII's objectives include promotion of access to legal information from Ghana as a fundamental part of the rule of law. GhaLII works in partnership with the Judicial Service of Ghana.
On 1976, Ghana celebrated the centenary of the establishment of its Supreme Court. But this was more than a centenary of a supreme court. It was in fact the celebration of a hundred years of a national legal system. During the past century, Ghana has operated a pluralistic legal system encompassing English and other Western juristic ideas and ...
