FINANCE (No. 2) 2014 ""fiscalised electronic register" means an electronic sales register having such features as may be prescribed;". 10 5 Amendment of section 12C of Cap. 23:12 (1) The Value Added Tax Act [Chapter 23:12] is amended in section 12C ("Collection of tax on exportation of unbeneficiated hides, determination of value thereof') by the repeal of subsection (1) and the substitution of"(1) In this section, "unbeneficiated hide" means any raw oruntanned animal hide, but does not include crocodile skin or goat or sheep skin.". (2) Despite section 14(2) of the Finance Act, 2014, section 12C ("Collection of tax on exportation of unbeneficiated hides, determination of value thereof') of the Value Added Tax Act has effect from the year of assessment beginning on the 1st January, 2015. 10 PART IV CUSTOMS AND EXCISE Amendments to Finance Act [Chapter 23:04] 15 11 New Chapter inserted in Cap. 23:04 With effect from the 15th September, 2014, the Finance Act [Chapter 23:04] is amended by the insertion of the following Chapter after Chapter XI ("Statutory Fees and Charges")"CHAPTER XII 20 ExcisE DuTY ON AIRTIME 48 Interpretation in Chapter XII Any word or expression to which a meaning has been assigned in Part XIIB of the Customs and Excise Act [Chapter 23:02] shall bear the same meaning when used in this Chapter. 25 49 Rate of excise duty on airtime The rate of excise duty on airtime shall be five per centwn of the value of the service.". Amendments to Customs and Ex:cise Act [Chapter 23:02] 30 12 New Part inserted in Cap. 23:02 (1) With effect from the 15th September, 2014, the Customs and Excise Act [Chapter 23:02] is amended by the insertion after Part XIIA of the following Part"PART XIIB ExcisE DUTY oN AIRTIME 35 172E Interpretation in Chapter XIIB In this Part- 40 "airtime" means the minutes of voice calls, short message service (sms) ,multimedia service (mms) ,intemet band width or such other service as a subscriber may consume through a mobile cellular telephone or any other electronic communications service; 7