Foreign Currency Purchase Tax Amendment Act 1999

Link to law: http://www.bermudalaws.bm/Laws/Annual%20Laws/1999/Acts/Foreign%20Currency%20Purchase%20Tax%20Amendment%20Act%201999.pdf

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Foreign Currency Purchase Tax Amendment Act 1999
FOREIGN CURRENCY PURCHASE TAX AMENDMENT ACT
1999

1

BERMUDA
1999 : 32

FOREIGN CURRENCY PURCHASE TAX AMENDMENT ACT
1999

[Date of Assent 23 August 1999]

[Operative Date 23 August 1999]

WHEREAS it is expedient to amend the Foreign Currency
Purchase Tax Act 1975 to effect a change in responsibility for its
administration from the Accountant General to the Tax Commission:

Be it enacted by The Queen's Most Excellent Majesty, by and
with the advice and consent of the Senate and the House of Assembly of
Bermuda, and by the authority of the same, as follows:

Citation
1 This Act may be cited as the Foreign Currency Purchase Tax
Amendment Act 1999.

Amendment of section 1A of the principal Act
2 Section 1A of the Foreign Currency Purchase Tax Act 1975 ("the
principal Act") is amended by adding at the end thereof the following
definition—

" "Tax Commissioner" means the person appointed as Tax
Commissioner under section 2 of the Employment Tax Act
1973.".

FOREIGN CURRENCY PURCHASE TAX AMENDMENT ACT
1999

2

General amendment of principal Act
3 The principal Act is amended in section 2(3), the heading to
section 4 and section 4(1), (2) and (3) by deleting the words "Accountant
General" wherever they appear and substituting the words "Tax
Commissioner".