Amendment to Section 7 changes interim rule: First Schedule rates remain chargeable until official notification is issued. Amendment revises the charging regime by substituting the proviso in sub section (1) to provide that until a notification is issued the rates in the First ... Summary
Amendment to Section 7 changes interim rule: First Schedule rates remain chargeable until official notification is issued.
Amendment revises the charging regime by substituting the proviso in sub section (1) to provide that until a notification is issued the rates in the First Schedule shall be the rates chargeable under the Act, and omits sub section (2), thereby consolidating the temporary rate mechanism into the revised proviso tied to issuance of the notification.
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