FINANCE ACT, 2014.

ARRANGEMENT OF SECTIONS.

   Section

   1.   Commencement.

   2.   Amendment of section 68 of the Uganda Communications Act, 2013.

   3.   Tariff treatment of goods from COMESA.

   4.   Amendment of Schedule 1 of the Finance Act, 2013.

   5.   Environmental levy on used clothing, shoes and other articles.

   6.   Remission of Government arrears of taxes.

   7.   Levy on unprocessed tobacco leaf consigned out of Uganda.

   8.   Payment to informers.

   9.   Repeal of fees chargeable for the sale of hydrocarbon potential data in Schedule 1 to the Finance Act, 2013.

      Schedule   Application of import duty on goods from COMESA member States.

FINANCE ACT, 2014.

Commencement: 1 July, 2014.

   An Act to provide for the alteration of certain taxes and duties, to provide for tariff treatment of goods from COMESA, to provide for remission of Government arrears of taxes, to repeal fees chargeable for the sale of hydrocarbon potential data, to amend certain enactments relating to taxes; to revise the non tax revenue in various enactments and for related matters.

1.   Commencement.

   This Act shall be deemed to have come into force on 1st"> July, 2014.

2.   Amendment of section 68 of the Uganda Communications Act, 2013.

   Section 68 of the Uganda Communications Act is amended by—

   (a)   inserting after subsection (3) the following—

      "(3a)   The Commission shall remit a half of the levy charged under this section to the Consolidated Fund;" and

   (b)   substituting for subsection (4) the following—

      "(4)   The balance of the levy, after the remittance referred to in subsection (3a), shall be shared between information and communication technology development and rural communication in the ratio of one to one."

3.   Tariff treatment of goods from COMESA.

   (1) Subject to this section, import duty shall not be charged on goods produced or manufactured in the territory of a COMESA member State, where the goods comply with the requirements of Article 48 of the COMESA Treaty and the rules of origin in ANNEX IV of the COMESA Treaty.

   (2) Subsection (1) shall only apply to goods from a COMESA member State that grants the same level of preference to qualifying Uganda exports.

   (3) Subsection (1) shall not apply to—

   (a)   goods specified in the Schedule to this Act; and

   (b)   goods originating from a Partner State of the East African Community that are not accorded Community tariff treatment and which do not qualify as East African Community goods.

   (4) In this section—

   "COMESA Treaty" means the Treaty establishing the Common Market for Eastern and Southern Africa States 1994;

   "import duty" means any customs duties and other charges of equivalent effect levied on imported goods under the East African Community Customs Management Act.

4.   Amendment of Schedule 1 of the Finance Act, 2013.

   Schedule 1 of the Finance Act, 2013 is amended—

   (a)   by substituting for the fees chargeable under the Mining Act the following—