No. I 2018 (a) lessee: and (b) holder of a permit in respect of a 1\lodcl :\I fann: and (c) holder of an olTer letter in respect of a :\1odd ,\2 farm: located in the :\at ural Region shown in the first colunm of the Schedule shall, on a quarterly basis, pay to the Rural District Council in which sue h lessee or holder is resident or uses the land suhJCCt to the lease, JJCffilit or offer letter, the deYclopmcnt levy indicated opposite thereto in the second column.": (h) by the repeal of section -1-5 and the substitution of- "44A Collection of rentals and use of rentals and development levy ( 1) The :\ finister of Lands shall, through the officers of the :\ linistry of I oands specially designated by the Secretary of the :\ linistry, he rcsJXmsible for collecting on behalf of the State from every(a) lessee; and (b) holder of a permit in respect of a \lode!.\ l farm: and (c) holder of an offer letter in respect of a \lode! A2 fann: resident on or using the relevant land the rentals due from them in tem1s of this Chapter. (2) For the avoidance of doubt·- (c) (a) the development levies collected in terms of this Chapter shall be retained by the Rural District Council concerned for application as specified in scction-1--1-(-1-); and (b) the rentals collected in tem1s of this Chapter shall form part of the Consolidated Revenue Fund but be retained b) the ~linistry of Lands (for which purpose the :\linistry of Lands shall establish a fund pursuant to scdion 18( I )(b) of the Public Finance Management Act [Chapter 22:191 (:'\o. 11 of 2009)."; by the deletion of the title to "section 46" that follows section -1--1-/\ as substituted by this Act and the substitution of "-1--1-B Public Assistance to :\ lodcl A I and A2 fanners conditional on full payment of rentals and development levies". Amendments to Income ](zx Acr [Chapter 23:061 8 Amendment of section 8 of Cap. 23:06 \Vith effect from the year of assessment beginning on the 1st January, 2018. section 8 ("Interpretations of the terms relating to income tax") of the Income Tax Act !Chaprer 23:06 J is amended by the insertion of the following subsection after subse<:tion (2)"(3) For the purposes of the definition of "gross income" in subsection (I), any amount received that constitutes prepayment for goods, services or benefits that will he used up in any subseqtwnt year of assessment shall not form part of the gross income for the year of assessment for which a return of income is made, hut must be included in the year of assessment in which the goods, services or benefits are used up or, if used up in stages or batches, included proJX)rtionately in the returns for the years of assessment in which the goods, services or hcnelits arc so used up.".