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Papua New Guinea Sessional Legislation |
No. 2 of 2019.
Forestry (Amendment) Act 2019.
Certified on : 39/01/2019
No. of 2019.
AN ACT
entitled
Forestry (Amendment) Act 2019.
ARRANGEMEMT OF SECTION.
Management levy (Amendment of Section 121).
No. of 2019.
AN ACT
entitled
Forestry (Amendment) Act 2019,
Being an Act to amend the Forestry Act 1991 to provide for management levies and for related purposes,
MADE by the National Parliament to come into operation in accordance with a notice in the National Gazette, by the Head of State, acting with, and in accordance with, the advice of the Minister.
MANAGEMENT LEVY (AMENDMENT OF SECTION 121).
The Principal Act is amended by repealing Section 121 and replacing it with the following new section:
“121. MANAGEMENT LEVY.
(1) There shall be a management levy payable on the production of timber or forest produce taken or deemed to be taken by the holder of a timber permit, a timber authority or a timber licence, for the purposes of financing the management and operations of the Authority.
(2) The Head of State, acting on advice, shall prescribe in the Regulation -
(a) a levy, known as a management levy and
payable at the prescribed rate, on all timber or forest produce; and
(b) the different rates of management levy for
different types and grades of timber or forest produce; and
(c) for the method and manner of calculation,
collection and payment of management levy.”.
I hereby certify that the above is a fair print of the Forestry (Amendment) Act 2019, which has been made by the National Parliament.
Clerk of the National Parliament.
I hereby certify that the Forestry (Amendment) Act 2019, was made by the National Parliament on 29 January 2019.
Speaker of the National Parliament.
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URL: http://www.paclii.org/pg/legis/num_act/fa2019219