Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1694572907025.pdf (Belize)
No.

8] Customs and Excise Duties 123 No.

8 of 2016 I assent, (SIR COLVILLE N. YOUNG) Governor-General 14th April, 2016 AN ACT to amend the Customs and Excise Duties Act, Chapter 48 of the Substantive Laws of Belize, Revised Edition 2011; to provide for the removal of revenue replacement duty on CARICOM goods; to increase the scope of goods subject to excise duty; and to provide for matters connected therewith or incidental thereto.

(Gazetted 16th April, 2016).


BE IT ENACTED, by and with the advice and consent of the House of Representatives and the Senate of Belize and by the authority of the same, as follows:- 1.

This Act may be cited as the Short title.

CUSTOMS AND EXCISE DUTIES (AMENDMENT) ACT 2016, 124 Customs and Excise Duties [No.

8 and shall be read and construed as one with the Customs and Excise Duties Act which as amended, is hereinafter referred to as the principal Act.

CAP.
CAP.

48 13/ 2002 1/ 2004 5/2005 13/2005 19/2005 11/2008 3/2009 7/2009 14/2010 23/2010 2/2011 12/2012 6/2013 14/2013 16/2015 Repeal and replacement of section 21.

2.

Section 21 of the principal Act is hereby repealed and replaced with the following: “Excise duty.

Second Schedule.

21.

(1) There shall be levied, charged and collected, such excise duties on the goods as set out in the Second Schedule to this Act.
(2) The excise duties levied under this section shall be payable on goods produced locally or imported into Belize.

(3) Notwithstanding the provisions of section 20 of this Act, the Minister of Finance may when he deems it necessary or expedient to do so, by Order which shall take effect from the date of its publication in the Gazette, reduce or abolish any excise duties set out in the Second Schedule to this Act, or restore any such duty to its original level as it were before such reduction or abolition.
(4) Every Order made under this section shall be subject to the provisions of subsections (7), (8) and (9) of section 20 of this Act and shall be read and construed with such necessary modifications and adaptations.” Second Schedule.

Repeal and replacement of section 25.

3.

Section 25 of the principal Act is hereby repealed and replaced with the following: No.

8] “Revenue replacement duty.

Customs and Excise Duties 125 25.


(1) Subject to subsection (2) below, where any customs duty or entry tax chargeable in respect of goods of a class or description imported into Belize has been removed, altered, reduced or progressively phased down, the Minister of Finance may by Order, impose a revenue replacement duty on such goods or on goods of any other class or description imported from any country.
(2) Goods imported into Belize from a Member State of CARICOM shall not be subject to revenue replacement duty.

(3) The duty payable under this section shall be imposed without any discrimination on goods of the same type, class or description.

(4) The Minister of Finance may by Order increase, reduce or revoke the duty imposed under this section.
(5) Where an Order is submitted to the National Assembly for resolution under section 28 of this Act, the duty payable immediately prior to the making of such Order under this section shall continue to be payable, until publication of the resolution in the Gazette under section 28, when the resolution shall take effect in place of the said Order.

(6) Where a refund of duty is paid during the intervening period above, such refund shall be made in accordance with rules made under this Part.” 4.
The Second Schedule to the principal Act is hereby repealed and replaced with the Second Schedule as set out in the schedule to this Act.

Repeal and replacement of Second Schedule.

5.

This Act shall come into force on the 1st day of April 2016.

Commencement.

126 Customs and Excise Duties [No.

8 SCHEDULE (Section 4) No.

8] Customs and Excise Duties 127 128 Customs and Excise Duties [No.

8 No.

8] Customs and Excise Duties 129 130 Customs and Excise Duties [No.

8 No.
8 No.

8] Customs and Excise Duties 131 132 Customs and Excise Duties [No.

8 No.

8] Customs and Excise Duties 133 134 Customs and Excise Duties [No.

8 Printed in Belize by the Government Printer #1 Power Lane, Belmopan, Belize, C.A.