The Movable Property Security Rights Act, 2026

This Act establishes a legal framework for using movable property as security for credit facilities in Tanzania. It provides for the establishment of a collateral registry, registration of security interests, priority rights among competing creditors, enforcement procedures and the rights and obligations of borrowers and lenders. It also establishes rules for using movable assets and future receivables as loan collateral. The legislation supports access to finance, secured lending, business development and improved credit administration.

Country

Tanzania

Type

Act

Published

2 October 2026

File size

641 KB

Sourced from official government publications. Always verify against the official source before relying on this document for legal purposes.