REPUBLIC OF VANUATU
VALUE ADDED TAX (AMENDMENT) ACT NO. 18 OF 2012
Act No.18 Of 2012

Arrangement of Sections
1	Amendment
2	Commencement

REPUBLIC OF VANUATU

Assent: 30/05/2012
Commencement: 02/07/2012

VALUE ADDED TAX (AMENDMENT) ACT NO. 18 OF 2012
Act No.18 Of 2012

An Act to amend the Value Added Tax Act [CAP 247].

Be it enacted by the President and Parliament as follows-

1	Amendment

The Value Added Tax Act [CAP 247] is amended as set out in the Schedule.

2	Commencement

This Act commences on the day on which it is published in the Gazette.

SCHEDULE
AMENDMENTS OF Value Added Tax Act [CAP 247]

1	Subsection 2(1)

Insert in its correct alphabetical position

““scrap metal” means any recyclable object that has a metallic content and has a resale value, but does not include aluminium beverage containers;”

2	Subsection 2(1) (definition of second hand goods)

Repeal the definition, substitute

““second hand goods” does not include any of the following:
(a)	livestock; or
(b)	land; or
(c)	scrap metal.”

3	Schedule 1 (after clause 9)

Insert 
“9A.	The processing and supply of scrap metal.”