![]() This section repeals the existing section 12 and replaces it with a new section. This amendment applies from the date the Amending Law is published in the Gazette.Ĭlause 4. The section also changes references in the Principal Law from Order to Act. Section 3 of the Amending Law amends the title of the Principal Law by changing “Order” to “Act”. Section 2(2) provides that the amendments in sections 7, 11, 12, 13, 15 and 16 of the Amending Law are deemed to have come into operation on 1 April 1993, being the date the Principal Law came into operation. Section 2(1) of the Amending Law provides that the Amending Law comes into operation on the date on which it is published in the Gazette. ![]() Section 1 provides that the Act may be cited as the Income Tax (Amendment) Act, 1993 (hereinafter it is referred to as the “'Amending Law") It amends the Income Tax Order, 1993 (“the Principal Law”) in several substantive respects and corrects some technical deficiencies. The main object of the Bill is to correct those problems. In addition, a number of minor shortcomings in the Order have been identified during double taxation treaty negotiations with the United Kingdom and South Africa. The Income Tax Order 1993 has been in operation since April 1993 and a number of minor problems with the operation of that Order have been identified by the Department of Income Tax and through consultation with those affected by the Order. The purpose of this Bill is to amend the Income Tax Order 1993 to correct a number of technical deficiencies in the operation of that Order identified since its enactment in early 1993 and also to make some minor policy changes. (Circulated by the Authority of the Minister for Fianance and Economic Planning, The Hon. Introduced into the National Assembly on 10th March 1994 Explanatory Memorandum to the Income Tax (Amendment) Bill 1994
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