RegulaUons., 1997
Statutory Text (4 Articles)
. 124 or 1997
L
CUSTOMS A ill EXCJSETAXACT. 1997
(ACT NO. xu OF (997)
Customs IlInd Excise Tax (Amendment of'ThIrd Sc:hedu~) (No.2)
RegulaUons., 1997
IN exercise of the powers conferred by sec:tion 7!5 of the Customs
and Excise Tax Act, 1997. hereinafter in these regulations referred to as
''the: Ac!"', the MinisterofFinanc:e and Commerce: has made the following
regulations:·
( 1) These rcgullllions may be citro as me CuslOms and Exm
Tax (Amendment of Third Schedule) (No. 2) Reguhuions. 1997. which
Third Schedule is hcreinarter being referred 10 in these regulations as
',he Schedule",
(2) These: regulations shall be deemed to have come into
force co the 1st July. 1997.
Paragraph (e) of item 9 orlhc Schedule shall be rc-Iettered as
paragraph (f) thereof. and immediately before paragraph (0 as
renumbered there shall be added the following new paragraph (e):-
"(e) transport providro for the carriage of goods bel~n
factory and pon or airpon in such cases or in respect of such goods
or classes of goods as the Director may deem appropriate and to
c:eniry ror the purpose or encour.!,ging expons or the substitution
of imports:~.
Immediately after paragraph (2) of item II of the Schedule
there shall be added the rollowing new paragroph
'"(3)
Financial leasing by a commc:rcial bank or equipment
plant and machinery used in the production of goods ()C" in the
provision of servic:es.".
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