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Papua New Guinea Sessional Legislation |
PAPUA NEW GUINEA
Intergovernmental Relations (Functions and Funding) (Amendment) Act 2023
No. 6 of 2023
Certified on: 10 JUL 2023
ARRANGEMENT OF SECTION.
Amount of GST Distributions to Provincial Governments (Amendment of Section 40).
AN ACT
entitled
Intergovernmental Relations (Functions and Funding)(Amendment) Act 2023,
Being an Act to amend the Intergovernmental Relations (Functions and Funding) Act 2009 to provide for the redistribution of goods and services tax revenue paid to provincial governments under the Intergovernmental Relations (Functions and Funding) Act 2009, and for related purposes.
MADE by the National Parliament.
AMOUNT OF GST DISTRIBUTION TO PROVINCIAL GOVERNMENTS (AMENDMENT OF SECTION 40).
Section 40 of the Principal Act is amended by inserting immediately after Subsection (1), the following new subsections:
"(1A) A Provincial Government must pay to the city authority in the province a percentage of the goods and services tax revenue it receives from the Internal Revenue Commission.
(1B) An Act of the Parliament shall prescribe the method of payment, and the percentage to be paid by the Provincial Government under that Act.".
I hereby certify that the above is a fair print of the Intergovernmental Relations (Functions and Funding)(Amendment) Act 2023, which has been made by the National Parliament.
Acting Clerk of the National Parliament
10 JUL 2023
I hereby certify that the Intergovernmental Relations (Functions and Funding)(Amendment) Act 2023, was made by the National Parliament on 8 June 2023.
Speaker of the National Parliament
10 JUL 2023
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URL: http://www.paclii.org/pg/legis/num_act/irafa2023596