19 for non-payment of tax") by the insertion of the following subparagraph after subparagraph (3)— "(4) If a defaulting principal referred to in subparagraph (1) does not pay the penalty referred to in subparagraph (1)(b) in full on the date on which the default has ceased, interest, calculated at a rate to be fixed by the Minister by statutory instrument, shall be payable on so much of the penalty as remains unpaid by the principal during the period beginning on the date the default has ceased and ending on the date the penalty is paid in full, and such interest shall be recoverable by the Commissioner by action in any court of competent jurisdiction: Provided that in special circumstances the Commissioner may extend the time for payment of the penalty without charging interest.". PART III STAMP DUTIES 29 Amendment of Schedule to Chapter II of Cap. 23:04 With effect from the 1st January, 2006, the Schedule ("Stamp Duty on Instruments and other Matters") to Chapter II of the Finance Act [Chapter 23:04] is amended (a) in item 2 (1) by the deletion of "or sale"; (b) in item 3 by the deletion of "2 000 00" and the substitution of "10 000 00". PART IV VALUE ADDED TAX Amendment of Chapter IV of Finance Act [Chapter 23:04] 30 Amendment of Schedule to Chapter IV of Cap. 23:04 With effect from the 1st January, 2006, Part I ("General Rate of Value Added Tax") of the Schedule to Chapter IV of the Finance Act [Chapter 23:04] is amended⎯ (a) by the repeal of paragraph (d); (b) by the deletion of "seventeen and a half per centum" and the substitution of "fifteen per centum". Amendments to Value Added Tax Act [Chapter 23:12] 31 Amendment of section 2 of Cap. 23:12 Section 2 ("Interpretation") of the Value Added Tax Act [Chapter 23:12] is amended in subsection (1) by the repeal of the definition of "motor vehicle". 32 Amendment of section 6 of Cap. 23:12 Section 6 ("Value-added tax") of the Value Added Tax Act [Chapter 23:12] is amended⎯ (a) in subsection (1) by the repeal of paragraph (d); (b) in subsection (2) by the repeal of paragraph (d).