These Regulations may be cited as the Banking and Financial Institutions (Mortgage Finance) Regulations, 2015.
2. These Regulations shall apply to any person engaged in mortgage finance operations both in Tanzania Mainland and Tanzania Zanzibar.
3. In these regulations unless the context requires otherwise-Cap. 342
“Act” means the Banking and Financial Institutions Act;
“affiliate” means a person who directly or indirectly controls, or is under common control with, a housing finance company;
“bank” has the same meaning ascribed to it in the Act;