IT is hereby notified that the Minister of Finance and Economic Development has, in terms of section 235 of the Customs and Excise Act [Chapter 23:02], made the following regulations:—
1. These regulations may be cited as the Customs and Excise (Suspension) (Amendment) Regulations, 2020 (No. 228).
2. The Customs and Excise (Suspension) Regulations, 2003, published in Statutory Instrument 257 of 2003 (hereinafter called “the principal regulations”), are amended by the repeal of section 9V and substitution with the following—
“Suspension of duty on Semi-Knocked Down (SKD) single and double cab motor vehicle kits imported by approved assemblers 9V. (1) Customs duty is suspended for a period of three years with effect from 1st December, 2019 on SKD single and double cab motor vehicle kits imported by approved assemblers in terms of this section.