IT is hereby notified that the Minister of Finance and Economic Development has, in terms of section 3 of the Finance Act [Chapter 23:04], made the following regulations:—
1. (1) These regulations may be cited as the Finance (Amendment of Chapter VII of the Finance Act) Regulations, 2021.
(2) These regulations shall be deemed to have come into effect on 1st February, 2021.
2. The Schedule to Chapter VII of the Finance Act [Chapter 23:04] is amended by the repeal of paragraph 1 (which fi xes the rates of royalties for the purposes of section 245 of the Mines and Minerals Act [Chapter 21:05] of the items on gold produced by small scale miners and substitution of the following items—