FINANCE ACT, 1987.
ARRANGEMENT OF SECTIONS.
Section
1. Statutory instrument may prescribe fees, etc. in convertible
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CHAPTER 175
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.
(1) A statutory instrument may prescribe fees, charges, taxes and fines in a convertible currency, if the statutory instrument is approved by the Cabinet.
(2) No statutory instrument may prescribe a penalty exceeding 50,000 shillings.
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History |
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Legislation |
Number |
| Statute | 1/1987 |
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