The Institute of Chartered Loss Control and Private Security Management Act [Chapter 27:23] was enacted by the Parliament of Zimbabwe to establish the Institute as a body corporate, provide for the governance, registration, licensing, and professional standards of loss control and private security practitioners, and establish disciplinary oversight across all security occupations.
Act No. 2 of 2023 • Parliament of Zimbabwe • Official Gazette
Short title, date of commencement, and statutory definitions of loss control, private security management, Council, Institute, registered member, and practice certificates.
Legal personality and establishment of the Institute as a body corporate; statutory objects under Section 4; and adherence to the general principles of loss control under Section 5.
Constitution and governance of the Council of the Institute; appointment of members; tenure of office; disqualifications; committees; and institutional administration.
Establishment of Register of Members; qualification requirements; mandatory licensing of practitioners; certificates of practice; cancellation; and suspension.
Establishment of the Disciplinary Committee; professional misconduct inquiries; powers to censure, impose fines, suspend, or cancel registration for non-compliance.
Institute funds, annual accounts, and audit mandates; regulatory mandate under Section 27; statutory by-laws; and ministerial regulatory oversight.
The Act [Chapter 27:23] is primary legislation enacted by Parliament creating the statutory framework. Detailed procedural schedules, application forms, disciplinary procedures, and membership designations are promulgated under the subsidiary Institute of Chartered Loss Control and Private Security Management (Registration) Regulations, 2026.
