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National Capital District Commission (Amendment) Act 2004

PAPUA NEW GUINEA

NATIONAL CAPITAL DISTRICT COMMISSION (AMENDMENT) ACT 2004

No.4 of 2004

National Capital District Commission (Amendment) Act 2004.

Certified on: 22.04.04

National Capital District Commission (Amendment) Act 2004.

ARRANGEMENT OF SECTION.

Repeal and replacement of Section 33

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AN ACT

entitled

National Capital District Commission (Amendment) Act 2004.

Being an Act to amend the National Capital District Commission Act 2001,

MADE by the National Parliament to come into operation in accordance with a notice in the National Gazette by the Head of State, acting with, and in accordance with, the advice of the Minister.

REPEAL AND REPLACEMENT OF SECTION 33.

Section 33 of the Principal Act is repealed and replaced with the following:–

"33. FINANCIAL ASSISTANCE TO CENTRAL PROVINCIAL GOVERNMENT, GULF PROVINCIAL GOVERNMENT AND THE MOTU-KOITABU COUNCIL".

(1) Subject to Subsection (2), the Commission shall provide financial assistance to the Central Provincial Government, the Motu-Koitabu Council and the Gulf Provincial Government.

(2) The Internal Revenue Commission shall pay to –

(a) the Central Provincial Government, a minimum of 10% of the Goods and Services Tax; and

(b) the Motu-Koitabu Council, a minimum of 2% of the Goods and Services Tax; and

(c) the Gulf Provincial Government, a minimum of 3% of the Goods and Services Tax,

refundable to the Commission in a fiscal year in accordance with the Goods and Services Tax Revenue Distribution Act 2003.".

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I hereby certify that the above is a fair print of the National Capital District Commission (Amendment) Act 2004 which has been made by the National Parliament.

Clerk of the National Parliament.

I hereby certify that the National Capital District Commission (Amendment) Act 2004 was made by the National Parliament on 21 January 2004.

Acting Speaker of the National Parliament.