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Papua New Guinea Sessional Legislation |
PAPUA NEW GUINEA
Customs Tariff (Amendment) Act 1999.
No. 2 of 1999
Certified on: 01.09.99
ARRANGEMENT OF SECTION.
Amendment of Schedule 2.
AN ACT
entitled
Customs Tariff (Amendment) Act 1999,
Being an Act to amend the Customs Tariff Act 1990,
MADE by the National Parliament to be deemed to have come into operation on 10 August 1999.
AMENDMENT OF SCHEDULE 2.
Schedule 2 to the Principal Act is amended by repealing the entries in the Respective columns opposite the following Export Item and replacing them with the entries shown below:
| Export Item | Class of Goods | Rate | Remarks |
| 44.03 | Timber logs and poles in the rough, whether or not stripped of bark or sapwood, or roughly squared (ie not downstream processed eg.
Sawn Timber) or all species (other than balsa, blackbean, cordia, ebony, rosewood, teak and all conifers, the export of which is
banned) | As per the table below | |
| When f.o.b. price cubic meter exceeds | When f.o.b. price cubic meter does not exceed | Rate of export tax per cubic meter |
| 0 | 90 | P x 0.15 |
| 90 | 110 | P x 0.30 — 13.5 |
| 110 | 130 | P x 0.50 — 35.5 |
| 130 | 150 | P x 0.55 — 42.0 |
| 150 | 200 | P x 0.60 — 49.5 |
| 200 | | P x 0.70 — 69.5 |
| | | P = f.o.b. log price |
I hereby certify that the above is a fair print of the Customs Tariff (Amendment) Act 1999 which has been made by the National Parliament.
Clerk of the National Parliament.
I hereby certify that the Customs Tariff (Amendment) Act 1999 was made by the National Parliament on 11 August 1999.
Speaker of the National Parliament.
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URL: http://www.paclii.org/pg/legis/num_act/cta1999258
