Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697804416237.pdf (Marshall Islands)
s Republic of the Marshall Islands Jepilpilin Ke Ejukaan IMPORT DUTIES (LOCAL MANUFACTURING) ACT 2016 Sponsored by: HON.

MINISTER BRENSON S. WASE Approved: HON.


SPEAKER KENNETH A. KEDI /S/ Import Duties (local manufacturing) Act 2016 BILL No:29 Index NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS 37TH CONSTITUTIONAL REGULAR SESSION, 2016 s Republic of the Marshall Islands Jepilpilin Ke Ejukaan IMPORT DUTIES (LOCAL MANUFACTURING) ACT 2016 Index Section IMPORT DUTIES (LOCAL MANUFACTURING) ACT 2016 Page 1 BILL NO.29 ERROR!

BOOKMARK NOT DEFINED.

§101.

Short title.


.............................................................................................................................. 5 §102.

Amendment .......................................................................................................................... 5 Effective date ......................................................................................................................... 6 §103.
l Page3 IndexBILL No:29 Import Duties (local manufacturing) Act 2016 1 2 3 4 Page4 r Import Duties (local manufacturing) Act 2016 BILL No:29 §101 NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS 37TH CONSTITUTIONAL REGULAR SESSION, 2016 s Republic of the Marshall Islands Jepilpilin Ke Ejukaan IMPORT DUTIES (LOCAL MANUFACTURING) ACT 2016 A BILL FOR AN ACT to provide a reduced import duty to local manufacturing companies that import input supplies materials to use for manufacturing industries in the RMI.
BE IT ENACTED BY THE NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS §101.

Short title.

This Act may be cited as the Import Duties (local manufacturing) Act 2016.

§102.

Amendment (1) Section 207 of the Import Duties Act is hereby reinstated to read as follows: “§102 Zero rate duties for local manufacturing industries on input supplies and input materials.
(1) All input supplies or materials imported for the use of local manufacturing industries, shall be reduced from 8 percent to zero rate (0) percent as long as they are use for such purposes.

(2) Any input supplies or input matieral referred to in subsection (1) of this Section and are imported, if offered for sale, sold or use for other purposes other than the purpose for which the importer claimed reduced import duty, shall be subject to import duty prevailing at the time of importation.
Input supplies and materials subject to reduced import duty under this section shall not include consumable goods of any kind.

l Page5 BILL No:29 §103 Import Duties (local manufacturing) Act 2016 (3) For the purposes of this section: (a) (b) “input supplies or materials” means supplies or materials used for manufacture of local products or value addition including packaging and labelling.
industries” means “local manufacturing those industries that are involved in the manufacturing, processing or value addition of local products for domestic consumption or future or existing export market.

§103.
Effective date This Act shall take effect in accordance with the Constitution and the Rules of Procedures for the Nitijela Page6 r Import Duties (local manufacturing) Act 2016 BILL No:29 NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS 37TH CONSTITUTIONAL REGULAR SESSION, 2016 IMPORT DUTIES (LOCAL MANUFACTURING) ACT 2016 BILL SUMMARY This Bill proposes to exempt duties on all input supplies or materials used in the production and manufacture of locally produced goods e.g.
empty plastic bottles to refill juice or water, plastic wrappers for decoration and packaging of handicrafts and empty boxes for packaging of locally produced goods or buttons to design Marshallese wear.

1 The rationale for the bill is to encourage the production and value-addition of Marshallese goods.
It also provides a level playing field pertinent to competitive edge for the producers of Marshallese goods on a non-discriminatory principle – and to support the growth of local manufacturing industry in the Marshall Islands.

l Page7 Import Duties (local manufacturing) Act 2016 NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS 37TH CONSTITUTIONAL REGULAR SESSION, 2016 IMPORT DUTIES (LOCAL MANUFACTURING) ACT 2016 SIGNATURES 1 2 3 4 DATE: _AUG.12, 2016_ INTRODUCED BY _MIN.
ALFRED ALFRED JR_ __/S/_ 5 DATE: _AUG.12, 2016_ INTRODUCED BY _SEN.

DAVID PAUL_ __/S/_ DATE: _AUG.12, 2016_ INTRODUCED BY _MIN.

BRENSON S. WASE_ __/S/_ 6 7 Page8 r