Penalties to Taxable Persons involved in Trading with Libya)

L.N. 103 of 2013

VALUE ADDED TAX ACT

(CAP. 406)

Value Added Tax (Remittance of Interest and Administrative

Penalties to Taxable Persons involved in Trading with Libya)

(Revocation) Regulations, 2013

IN exercise of the powers conferred by articles 21, 42 and 75 of

the Value Added Tax Act, the Minister of Finance, the Economy and

Investment has made the following regulations:-

(1) The title of these regulations is the Value Added Tax

(Remittance of Interest and Administrative Penalties to Taxable

Persons involved in Trading with Libya) (Revocation) Regulations,

2013. (2) These regulations shall come into force on the 16th

February 2013

Provided that any interest and administrative penalties due

for any tax payable by the 15th of February 2013 shall continue to be

remitted until the 15th of June 2013, subject to the terms and

conditions of the Value Added Tax (Remittance of Interest and

Administrative Penalties to Taxable Persons involved in Trading with

Libya) Regulations.

The Value Added Tax (Remittance of Interest and

Administrative Penalties to Taxable Persons involved in Trading with

Libya) Regulations are hereby revoked, without prejudice to anything

done or omitted to be done thereunder.

€0.09