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Samoa Consolidated Legislation 2008

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Bad Debts Act 1990

CONSOLIDATED ACTS OF SAMOA 2008


BAD DEBTS ACT 1990


ANALYSIS


TITLE
1. Short Title
2. Irrecoverable debts written off
Schedule


THE BAD DEBTS ACT 1990


1990 No. 5


AND ACT to write off certain debt and investment balances due to the Treasury Fund together with accrued interest thereon.

(30 July 1990)
(Commencement date 30 July 1990)


1. Short title – This Act may be cites as the Bad Debts Act 1990.


2. Irrecoverable debts written off – (1) The debts, together with interest thereon, and investment balances due to the Treasury Fund as set out in the schedule to this Act being considered to be irrecoverable are hereby written off.


(2) Nothing in this Act shall operate to extinguish the liability of any debtor for payment of any debt, interest or investment balance written off by this Act.


SCHEDULE



DEBTORS

DEBT

ACCRUED INTEREST

TOTAL WRITTEN OFF
ADVANCE ACCOUNTS

Banana Board
Cocoa Board
Cool Store
Copra Board
Food Processing Laboratory
Polynesian Airlines Limited
Produce Marketing Division
Samoa Coconut Products Ltd.
Samoa Feeds Limited
Samoa Forests Products Ltd.
Samoa Veneer Products Ltd.
Special Projects
Development Corporation
Wisemans Samoa Limited

CAPITAL ACCOUNT

Polynesian Airlines Limited
Wisemans Samoa Limited

109,723
1,075,000
329,893
5,350,000
411,844
6,152,043
181,041
2,533,409
275,480
1,445,124
984,211
4,301,699
26,192

2,370,378
32,000
25,578,127

53,750

267,500

754,536
84,538

1,160,324

109, 723
1,128,750
329,893
5,617,500
411,844
6,152,043
181,041
3,287,945
360,018
1,445,124
984,211
4,301,699
26,192

2,370,378
32,000
26,738,451

REVISION NOTES 2008


This law has been generally edited as provided for by section 5 of the Revision and Publication of Laws Act 2008. The following general revisions have been made –


(a) References to Western Samoa have been amended to Samoa in accordance with an amendment to the Constitution of Samoa in 1997.


(b) The fines have been amended and are stated as penalty units as provided for by the Fines (Review and Amendment) Act 1998.


(c) All references to the male gender have been made gender neutral.


(d) Amendments have been made to conform to modern drafting styles and to use modern language as applied in the laws of Samoa.


(e) Amendments have been made to up-date references to offices, officers and statutes.


(f) Other minor editing has been done in accordance with the lawful powers of the Attorney General.


There were no amendments made to this law since the publication of the Western Samoa Statutes Reprint 1978-1996.


Revised and consolidated by the Legislative Drafting Division under the supervision of Teleiai Lalotoa Sinaalamaimaleula Mulitalo (Parliamentary Counsel)


REVISION NOTES 2008 No.2


Section 4 (general powers of the Attorney General) of the Revision and Publication of Laws Act 2008 is used to insert the commencement date. By virtue of section 8 of the Acts Interpretation Act 1974, in the absence of an expressed commencement date, the date of assent is the commencement date.


This Act was not included in the last Reprint Consolidated and Revised Statutes of Samoa 2007, it is now incorporated. There were no amendments made to this law since the publication of the Western Samoa Statutes Reprint 1978-1996 and the Consolidated and Revised Statutes of Samoa 2007.


Revised and consolidated by the Legislative Drafting Division under the supervision of Teleiai Lalotoa Sinaalamaimaleula Mulitalo (Parliamentary Counsel)


The Bad Debts Act 12990 is administered in the Treasury Department


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