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Business Licence (Amendment) Act No 9 of 1996

Commencement: 1.1.1997

REPUBLIC OF VANUATU

BUSINESS LICENCE (AMENDMENT) ACT
NO. 9 OF 1996

Arrangement of Sections

1. Amendment of Schedule I to Chapter 173
2. Commencement

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Assent: 30.12.96
Commencement: 1.1.97

BUSINESS LICENCE (AMENDMENT) ACT

NO. 9 OF 1996

An Act to amend the Business Licence Act [CAP. 173].

BE IT ENACTED by the President and Parliament as follows:-

AMENDMENT OF SCHEDULE I TO CHAPTER 173

1. Schedule I to the Business Licence Act [CAP. 173] is amended -

(a) in item "Category A1" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(b) in item "Category A2" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(c) in item "Category A3" in the second column by deleting the figure "80,000" and substituting the figure 86,000";

(d) in item "Category B1" in the second column by deleting the figure "80,000" and substituting the figure "86,000";

(e) in item "Category B2" in the second column by deleting the figure "80,000" and substituting the figure "86,000";

(f) in item "Category B3" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(g) in item "Category B4" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(h) in item "Category B5A" in the second column by deleting the figure "50,000" and substituting, the figure "86,000";

(i) in item "Category B5B" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(j) in item "Category B6" in the second column by deleting the figure "50,000" and substituting "86,000";

(k) in item "Category B7" in the second column by deleting the figure "80,000" and substituting the figure "86,000";

(l) in item "Category B8A" in the second column by deleting the figure "80,000" and substituting the figure "86,000";

(m) in item "Category B8B" in the second column by deleting the figure "80,000" and substituting the figure "86,000";

(n) in item "Category B9" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(o) in item "Category B10A" in the second column by deleting the figure "50,000" and substituting the figure "64,500";

(p) in item "Category B10B" in the second column by deleting the figure "50,000" and substituting the figure "64,500";

(q) in item "Category B11A" in the second column by deleting the figure "80,000" and substituting the figure "86,000";

(r) in item "Category B11B" in the second column by deleting the figure "80,000" and substituting the figure "86,000";

(s) in item "Category B12A" in the second column by deleting the figure "50,000" and substituting the figure "64,500";

(t) in item "Category B12B" in the second column by deleting the figure "80,000" and substituting the figure "86,000";

(u) in item "Category B13" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(v) in item "Category B14" in the second column deleting the figure "80,000" and substituting figure "86,000";

(w) item "Category B15" in the second column by, deleting the figure "80,000" and substituting the figure "86,000";

(x) in item "Category B17" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(y) in item "Category B18" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(z) in item "Category B19" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(aa) in item "Category B20" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(bb) in item "Category C1" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(cc) in item "Category C2A" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(dd) in item "Category C2B" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(ee) in item "Category C3" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(ff) in item "Category D5" in the first and second column by deleting the following words and figures:

"For each citizen employee plus for each non-citizen employee 20,000

plus for each non-citizen employee principal or partner 50,000

subject to a minimum fee of 50,000"

and substituting the following words and figures -

"plus 4% of turnover 50,000 "Turnover" means revenue received or accrued from the sale of all products, or commodities including fees commissions and all other charges in each licensing year."

(gg) in item "Category E1A" -

(i) in the second column by deleting "100,000" and substituting "50,000";

(ii) in the second column by deleting "300,000" and substituting "120,000";

(iii) in the second column by deleting "20,000";

(iv) in the first column after and immediately below the words "for each booking officer" add the following -

"plus 2.5% of turnover";

(v) in the third column after paragraph (ii) add the following paragraph -

"(iii) "Turnover" means gross revenue received or accrued from the sale of services, air fares, freight, charters, fees, commissions and all other charges in each licensing year.";

(hh) in item "Category E6" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(ii) in item "Category F3" by deleting "4.00%" and substituting "2.5%" wherever occurring;

(jj) in item "Category F9" in the first and second columns by adding the following words and figure -

"plus for each non-citizen principal, partner or employee working alone in the business 600,000";

(kk) in item "Category F11" in the first and second columns by adding the following words and figure -

"plus for each non-citizen principal,

partner or employee working alone in the business 600,000";

(ll) in item "Category G15A" in the second column by deleting the figure "50,000" and substituting the figure "86,000";

(mm) in item "Category G15B" in the second column by deleting the figure "10,000" and substituting the figure "86,000".

COMMENCEMENT

2. This Act shall come into force on the 1st day of January 1997.

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