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Business Licence (Amendment) Act 2004

Commencement: 1 January 2005

REPUBLIC OF VANUATU

THE
BUSINESS LICENCE (AMENDMENT) ACT
NO. 5 OF 2004

Arrangement of sections

1 Amendment
2 Commencement

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REPUBLIC OF VANUATU

Assent: 30/12/2004
Commencement: 01/01/2005

THE
BUSINESS LICENCE (AMENDMENT) ACT
NO. 5 OF 2004

An Act to amend the Business Licence Act No. 19 of 1998.

Be it enacted by the President and Parliament as follows:

1 Amendments

The Business Licence Act No. 19 of 1998 is amended as set out in the Schedule.

2 Commencement

This Act commences on 01 January 2005.

SCHEDULE

AMENDMENTS OF THE BUSINESS LICENCE ACT NO. 19 OF 1998

1 Schedule 1

(a) Category D1

Delete “10,506”, substitute the following fees:

“10,000 for gross turnover of less than 10 million;
50,000 for gross turnover of 10 million to less than 50 million;
250,000 for gross turnover of 50 million to less than 200 million;
1,000,000 for gross turnover of 200 million or more.”

(b) Category D3

After “Bars” insert “, Take-Away Food Outlets”.

(c) Category D4

Delete the Category.

(d) Category D5

Delete “5,253”, substitute the following fees:

“5,000 for gross turnover of less than 10 million;
50,000 for gross turnover of 10 million to less than 50 million;
250,000 for gross turnover of 50 million to less than 200 million;
1,000,000 for gross turnover of 200 million or more.”

(e) Class A, B, C, E, and Category D2, D3, G1, G2, I1, I2, I3, I4

Delete “21,012”, substitute the following fees:

“20,000 for gross turnover of less than 10 million;
50,000 for gross turnover of 10 million to less than 50 million;
250,000 for gross turnover of 50 million to less than 200 million;
1,000,000 for gross turnover of 200 million or more.”

(f) Category F3(c)

Delete “21,012”, substitute the following fees:

“20,000 for turnover of less than 10 million;
50,000 for turnover of 10 million to less than 50 million;
250,000 for turnover of 50 million to less than 200 million;
1,000,000 for turnover of 200 million or more.”

(g) Delete “plus for each non-citizen employee, principal or partner engaged in the business (wherever occurring).”

Delete “100,000” (wherever occurring) being the annual fee for each non-citizen employee, principal or partner engaged in the business.

(h) Category F1

Delete “5,253,000”, substitute “5,500,000”.
Delete “5.00%”, substitute “7.00%”.

(i) Category F2

Delete “315,180”, substitute “330,000”.

(j) Category F3(d)

Delete “210,120”, substitute “220,000”.

(k) Category F4

Delete “21,012”, substitute “20,000”.

2 Schedule 1

Insert the following Classes after Class I:

“CLASS J

ARTIST AND SCULPTORS 50,000 for gross turnover of 10 million to less than 50 million;

250,000 for gross turnover of 50 million to less than 200 million;

1,000,000 for gross turnover of 200 million or more.

CLASS K
PLANTERS, FARMERS, DAIRY MEN, MARKET AND OTHER GARDENERS, STOCK BREEDERS, VEGETABLE AND FRUIT HAWKERS

CLASS L

FISHERMEN 50,000 for gross turnover of 10 million to less than 50 million;

250,000 for gross turnover of 50 million to less than 200 million;

1,000,000 for gross turnover of 200 million or more.”

3 Schedule 2

Delete Artist and sculptors, Planters, farmers and dairymen, market and other gardeners, stockbreeders, vegetable and fruit hawkers and fishermen.

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