Tax Reserve Certificates Act
ZambiaAct of Parliament
The Tax Reserve Certificates Act is an Act of the Parliament of Zambia. It contains 15 sections. Read its sections below, or ask Levy any question about the Tax Reserve Certificates Act and get an answer grounded in the Act with citations.
Sections of the Tax Reserve Certificates Act
- S. 1This Act may be cited as the Tax Reserve Certificates Act. Short title
- S. 2I ssue of tax reserve certificates
- S. 3M oneys received for tax reserve certificates to be paid into a deposit account
- S. 4M oneys received for tax reserve certificates not to be regarded as borrowings
- S. 5A pplications for certificates
- S. 6(1) On receipt of an application for a certificate accompanied by the appropriate Procedure on receipt
- S. 7I nterest
- S. 8O ne month to elapse before certificate valid for payment of tax
- S. 9D isposal of balance remaining after payment of tax
- S. 10C ertificate to mature two years after date of issue
- S. 11A certificate shall not be transferable and any purported transfer thereof shall Certificate not
- S. 12S ave as provided in regulations 13 and 14, certificate to be accepted solely in
- S. 13I n certain circumstances, certificate may be accepted otherwise than in
- S. 14S pecial circumstances in which certificate may be accepted for an amount
- S. 15L oss, destruction or defacement of certificate