Legal UpdateTanzania Enact Regulation to Allow the Use of Social Security Benefit as Collateral for Home Mortgage
INTRODUCTION On 08th March 2024, the Minister for State, Prime Minister’s Office, Labour, Youth, Employment and Persons with Disability issued the Social Security (Use of Members Benefit Entitlements as Collateral for Home Mortgage) Regulations through Government Notice No. 141. The regulations are made under Section 38 of The Social Security Act, Cap. 135 that empowers...