14 20 Amendment of Twenty-Eighth Schedule to Cap. 23:06 With effect from the year of assessment beginning on the 1st January, 2004, the TwentyEighth Schedule (“Carbon Tax”) to the Income Tax Act [Chapter 23:06] is amended— (a) in paragraph 3 by the repeal of subparagraph (2); (b) by the insertion of the following subparagraph after subparagraph (4)⎯ “(5) With effect from the year of assessment beginning on the 1st January, 2003, the minimum amount of carbon tax payable for the purposes of this paragraph shall be an amount equivalent to thirty days’ carbon tax.”; (c) by the insertion of the following paragraphs after paragraph 6⎯ “Prorated calculation of carbon tax “7.(1) If a motor vehicle⎯ (a) is imported and sold during the year of assessment; or (b) is assembled and sold during the year of assessment; carbon tax shall only be payable in respect of the period beginning from the date of sale of the motor vehicle and be prorated accordingly. (2) For the purposes of this paragraph, any part of a month shall be deemed to be a full month. Exemption from payment of carbon tax 8. The Commissioner-General may exempt an owner of a motor vehicle from paying of carbon tax if the owner obtains and furnishes to the CommissionerGeneral a certificate signed by an officer of the Vehicle Inspection Department that the motor vehicle is unusable for the period during which such exemption is sought. Transitional provisions 9. Where carbon tax has been paid up to the 31st August, 2003, in terms of the Finance Act, 2001, the taxpayer shall be liable to pay carbon tax at the rate prescribed in the Finance Act, 2002, only for the period from the 1st September, 2003, to the 31st December, 2003.”. 21 New Schedule inserted in Cap. 23:06 With effect from the year of assessment beginning on the 1st December, 2003, the Income Tax Act [Chapter 23:06] is amended by the insertion after the Thirtieth Schedule of the following Schedule⎯ “THIRTY-FIRST SCHEDULE (Section 36H) NOCZIM DEBT REDEMPTION LEVY Interpretation 1.(1) In this Schedule⎯ “NOCZIM” means the National Oil Company of Zimbabwe (Private) Limited; “NOCZIM Debt Redemption Sinking Fund” means the sinking fund established in terms of section 30 of the Exchequer Act [Chapter 22:03] for the purposes