Tax Exemption (Construction Waste Recycling) (2020-2023)

L.N. 301 of 2023

INCOME TAX ACT

(CAP. 123)

Tax Exemption (Construction Waste Recycling) (2020-2023)

(Amendment) Rules, 2023

IN EXERCISE of the powers conferred by articles 12(2) and 96

of the Income Tax Act, the Minister responsible for finance has made

the following rules:-

The title of these rules is the Tax Exemption (Construction

Waste Recycling) (2020-2023) (Amendment) Rules, 2023 and these

rules shall be read and construed as one with the Tax Exemption

(Construction Waste Recycling) (2020-2023) Rules, hereinafter

referred to as the "principal rules".

In rule 1 of the principal rules, the words "(2020-2023)"

shall be substituted by the words "(2020-2024)".

Rule 2 of the principal rules shall be amended as follows

(a) the definition "relevant year" thereof shall be

substituted by the following new definition

" "relevant year" means the calendar year 2020, 2021,

2022, 2023 or 2024;"; and

(b) in the definition "qualifying services" thereof, the

words "at a fee not exceeding twelve euro (€12) per tonne." shall

be substituted by the words "at a fee not exceeding twelve euro

(€12), net of value added tax, per tonne.".

€0.09