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FINANCE ACT (No. 2), 1994.

ARRANGEMENT OF SECTIONS.

   Section

PART I
AMENDMENTS TO THE EAST AFRICAN CUSTOMS AND TRANSFER TAX MANAGEMENT ACT.

   1.   Construction of Part I.

   2.   Amendment to section 103.

   3.   Deletion of section 124.

   4.   Amendment to section 146.

   5.   Miscellaneous punishments amendments.

PART II
MISCELLANEOUS PROVISIONS.

   6.   Recovery of tax from successor and duty to notify discontinuance of business.

   7.   Disputes.

   8.   Commissioner of appeals.

   9.   Commercial transaction levy for goods vehicles.

 

      Schedule   Punishments and fines amended.

 

CHAPTER 183
FINANCE ACT (No. 2), 1994.

Commencement: 17 June, 1994.

   An Act to provide for the alteration of certain taxes and duties and to amend certain laws relating to those taxes and duties and for other purposes connected with the above.

 

PART I
AMENDMENTS TO THE EAST AFRICAN CUSTOMS AND TRANSFER TAX MANAGEMENT ACT.

 

1.   Construction of Part I.

   This Part of the Act shall be read as one with the East African Customs and Transfer Tax Management Act in this Part referred to as the Act.

 

2.   Amendment to section 103.

   The Act is amended in section 103 by substituting subsections (4) and (5) as follows—

"(4) Where the conditions of the importation of goods have been complied with then, on the exportation of the goods any deposit or security given under subsection (2) shall be refunded or discharged, as the case may be.

   (5) Where the conditions of the importation of the goods have been contravened, then the goods shall become liable to duty, as from the date of their importation and the owner shall be required to pay duty and on payment of the duty any deposit given under subsection (2) shall be brought into account or, if security was given, security shall be discharged.

   (6) Save where goods are allowed to remain in Uganda under subsection (5)—

   (a)   an importer who fails to export temporarily imported goods at the end of the period specified in subsection (3); or

   (b)   any person who sells, alters or replaces or otherwise modifies any goods or part thereof;

commits an offence and is liable, on convic

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