IT is hereby notified that the Minister of Finance has, in terms of section 3 of the Finance Act [Chapter 23:04], made the following regulations:—
1. These regulations may be cited as the Finance (Amendment of Sections 22E(1) and 22H of Finance Act) Regulations, 2020.
Amendment of section 22E of Cap. 23:04
2. With effect from the 5th June, 2020, Section 22E (“Carbon tax”) (1) of the Finance Act [Chapter 23:04] is amended—
(a) in subsection (1) by the deletion of “imported by” and the substitution of “imported through the use of “free funds” (as defined in section 2 of the Exchange Control Regulations, 1996);
(b) by the insertion after subsection (1) of the following subsection—