Commencement: 24 July 2005

republic of vanuatu

THE
VALUE ADDED TAX (aMENDMENT) ACT
NO. 20 OF 2005

Arrangement of Sections

1	Amendment
2	Commencement

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republic of vanuatu

Assent:		14/07/2005
Commencement:	24/07/2005

THE
vALUE aDDED TAX (AMENDMENT) ACT
NO. 20 OF 2005

An Act to amend the Value Added Tax Act No. 12 of 1998.

Be it enacted by the President and Parliament as follows-

1	Amendment
The Value Added Tax Act No. 12 of 1998 is amended as set out in the Schedule.

2	Commencement
This Act commences on the date on which it is published in the Gazette.

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SCHEDULE

AMENDMENT OF THE VALUE ADDED TAX ACT
NO. 12 OF 1998

1.	Before paragraph (a) of Second Schedule

Add

"(aa)	X1A relating to goods imported for manufacturing or processing operation involving capital investment of VT1 billion or more;

(ab)	X3A relating to goods imported for agriculture, horticulture, livestock or forestry projects involving capital investment of VT1 billion or more;

(ac)	X4A relating to goods imported for inter-island shipping involving capital investment of VT1 billion or more;

(ad)	X5A relating to goods imported for tourism development projects involving capital investment of VT1 billion or more;

(ae)	X9A relating to fisheries industry equipment for project involving capital investment of VT1 billion or more;"

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