No. I
2018
on airtime") by the insertion of the following subsection. the existing section becoming
subsection (l) -"(2) The llealth Fund levy is payable with effect from the 2ird \larch. 2017.".
AmenJmenrs To Customs anJ Et('[Se A.r·r [Chapter 23:02)
28
Amendment of section 68 of Cap. 23:02
\Vith effect from the year of assessment beginning on the I st January. 20 H(
section 68 ("Bonded warehouses") of the Customs and Excise Act [Chapter 23:04) is
amended(a)
in subsection (I) by the repeal of paragraph (a) and the substitution of--
"(a)
(h)
homlcd warehouses that are eithcr-(i)
private bonded warehouses. that is to say any warchoust•
for the \Varehousing and securing of goods imported by a
private proprietor and entered for warehousing in the private
bonded warehouse; or
(ii)
public bonded warehouses, that is to say any warehouse for
the warehousing and securing of goods imp011ed by nne or
more importers and entered for warehousing in the public
bonded warehouse;";
by the repeal of subsection (8).
PART\
\liNES \~'D \ liNERALS
Amendments to Chapter Vll qf Finanre Act !Chapter 23:0-1-1
29
Amendment of Schedule to Chapter VII of Cap. 23:04
The Schedule to Chapter VII of the Finance Act [Chapter 23:041 is amended in
the part fixing the rates of royalties for the purposes of section 2-1-5 of the .\lines and
.\tinerals Act [ChapTer 21 :05);
(a)
with eilect from 1st ApriL 2017. by the deletion of the item refetTing to
"platinum" and the substitution or the following item"Platinum .
(b)
. . . . . . . . .
. 25':
with e!Tect from the lst January. 2018, by the deletion oftht· item referring
to ''diamonds" and the substitution of the following item"Diamonds (but no royalty is payable in respect of diamonds sold to
local diamond manufacturers at a discount equi\'alent to the nllue of
the royalty that would otherwise be payable) . . . . . . . . . 15''.
PART VI
RFVISCE
30
AUfHORITY
Amendment of Part lilA of Cap. 23:11
The Re\'enue Authority ;\ct [Chapter 23:1 ll is amended in Part IliA ("Expedited
Procedure for Recovery of Outstanding Taxes")(a)
in
st~ction
33A-
(i) hy the deletion of the title thereto and the substitution of "33A
Interpretation and application of Part lilA";
(ii) by the insertion of the following subsection. the existing section
becoming subsection (1)-
13