Object of the Bill
The object of this Bill is to amend the Tax procedurcs Code Acr, 2014 to providefor a penalty for the unauthorised interference or tampering with a. digital tax stamps machine; to cap the recovery of interest on unpaid tax: to provide for the repeal of section 40A; to provide for a penalty for fixing and activating a tax stamp on a wrong good, brand or volume and for related matters.
Bill Document
Other Attachments
| 1 |
FPED3-23-Report on the Tax Procedure Code (Amendment) Bill, 2023.pdf
|
||||||
|---|---|---|---|---|---|---|---|
|
|||||||
| 2 |
Tax Procedures Code (Amendment) Act, 2023.pdf
|
||||||
|
|||||||
The Tax Procedures Code (Amendment) Bill, 2023
Sponsored By Hon. Matia Kasaija (Minister of Finance, Planning and Economic Development)
Committee: The Committee on Finance, Planning and Economic Development
Start
First Reading/Committee
Bill is still at First Reading, the first reading being the first stage of a Bill passage through the Floor of Parliament and is usually a formality, it takes place without debate, and the first reading of a Bill can occur anytime in a parliamentary session.
Second Reading
Bill is in the second stage. The second reading is the first opportunity for MPs to debate the main principles of the Bill. It usually takes place up to 45 days after the first reading. Once second reading is complete the Bill proceeds to committee stage, where each clause (part) and any amendments (proposals for change) to the Bill may be debated.
Third Reading
Parliament is passing the Bill. The third reading is the final chance for the Members of Parliament to debate the contents of a Bill. Here debate on the Bill is usually short and limited to what is actually in the Bill rather than, as at the second reading, what might have been included.
Presentation/Waiting Assent
Waiting for Assent. Bill is waiting for the President to assent to it. When the Floor of Parliament has passed a Bill, it shall be presented to the President, and the President shall declare either that he assents to the Bill or that he withholds assent.
Assented by President
The Bill is now an Act of Parliament. When a Bill has completed all its parliamentary stages on the floor of Parliament, it must have President Assent before becoming an Act of Parliament (law). President Assent is the State agreement to make the Bill into an Act and it is a formality.
End
Bill passed on 17/08/2023
The Bill is now an Act of Parliament. When a Bill has completed all its parliamentary stages on the floor of Parliament, it must have President Assent before becoming an Act of Parliament (law). President Assent is the State agreement to make the Bill into an Act and it is a formality.
Bill Withdrawn on 01/01/1970