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Laws

MORTGAGES DECREE, 1972 (NRDC 96)

ARRANGEMENT OF SECTIONS

Section 1—Nature of a Mortgage.

(1) A mortgage for the purposes of this Decree is a contract charging immovable property as security for the due repayment of debt and any interest accruing thereon or for the performance of some other obligation for which it is given, in accordance with the terms of the contract.

(2)  A mortgage shall be an encumbrance on the property charged, and shall not, except as provided by this Decree, operate so as to change the

ownership, right to possession or other interest (whether present or future) in the property charged....click here to download

HOME MORTGAGE FINANCE LAW, 1993 (PNDC L 329)

1.  Despite anything in this Act, where at least eighty-five per cent of the total loan amount has been paid or tendered by or on behalf of the

borrower, the Company shall not enforce a right to recover possession of the premises or its power of sale otherwise than by a court action.

2.  Where the mortgage involves a progressive repayment scheme or in the case of an indexed transaction, where the principal advanced may be

adjusted upwards, if the adjusted principal outstanding is less than 15 per cent of the initial loan amount, the Company shall not enforce a right to

recover possession of the premises or its power of sale otherwise than by a court action...click here to download

CONVEYANCING DECREE, 1973 (NRCD 175)

ARRANGEMENT OF SECTIONS

Section 1—Mode of Transfer.

(1) A transfer of an interest in land shall be by a writing signed by the person making the transfer or by his agent duly authorised in writing, unless relieved against the need for such a writing by the provisions of section 3.

(2) A transfer of an interest in land made in a manner other than as provided in this Part shall confer no interest on the transferee.

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PRIVATE HOSPITALS AND MATERNITY HOMES ACT, 1958 (NO. 9 OF 1958)

PRIVATE HOSPITALS AND MATERNITY HOMES (AMENDMENT) DECREE, 1969 (NLCD 395).

ARRANGEMENT OF SECTIONS

Section

1. Short title.

2. Interpretation.

3. Establishment of Board.

4. Meetings of Board.

5. Secretary to the Board.

6. Registrar of the Board....click here to download

PHARMACY ACT, 1994 (ACT 489)

The pharmacy law is framed to ensure that the Pharmacy Council, the regulatory body, has an oversight of anything concerning medicine dispensing regardless of where that activity occurs. Any health facility where medicines are kept and dispensed must be inspected by the

Council periodically without any excuse or whatsoever for sake of pharmaceutical standards adherence and public safety. Several years after the

passing of the Act 489, the law has been somewhat implemented well but without certain lapses posing as its Achilles heel.

The lack of a broad implementation and enforcement of the law in its entirety as observed by most stakeholders has portrayed the Pharmacy

Council as sorely selective in discharging its regulatory functions...click here to download