Chapter number:
175
In-force:
Yes
CHAPTER 175
THE FINANCE ACT, 1987.
Arrangement of Sections.
Section
1. Statutory instrument may prescribe fees, etc. in convertible currency.
CHAPTER 175
THE FINANCE ACT, 1987.
Commencement: 8 May, 1987.
An Act to provide for the alteration of certain taxes and duties and for other matters connected therewith.
1. Statutory instrument may prescribe fees, etc. in convertible currency.
A statutory instrument may prescribe fees, charges, taxes and fines in a convertible currency, if the statutory instrument is approved by the Cabinet.
No statutory instrument may prescribe a penalty exceeding fifty thousand shillings.
History: Statute 1/1987.