House of Representatives

Motions

Exemption from Import Duties of Customs 2

House of Representatives - 1st Session - 10th Republican Parliament

WHEREAS it is provided by section 56(1)(a) of the Customs Act, Chap. 78:01 that the House of Representatives may from time to time by Resolution provide that any class of goods specified in the Resolution shall be exempt from import duties of customs if the goods are imported or entered for use by any person for any purpose specified in the Resolution during any period to be fixed by the Minister in each particular case, not being a period terminating later than the date prescribed in the Resolution as the last day on which such exemption shall be operative, and subject to such condition as the Minister may impose;

AND WHEREAS by Legal Notice No. 7 of 2008, the last Resolution in respect of the class of goods specified in the first column of the Schedule came into effect on January 02, 2008 and expired on December 31, 2010;

AND WHEREAS it is expedient that the class of goods be exempt from import duties of customs as of January 01, 2011;

BE IT RESOLVED that the House of Representatives in accordance with and subject to the provisions of section 56 of the Customs Act, exempt from import duties of customs the class of goods specified in the First Column of the Schedule, being goods imported or entered for use for the purposes specified in the second column for the period specified in the third column, but that this Resolution shall cease to have effect in respect of any class of goods specified in the first column that is manufactured in Trinidad and Tobago.

SCHEDULE

First ColumnSecond ColumnThird Column
Class of goodsPurposes for which goods are to be usedPeriod of Exemption
Equipment, material and suppliesImported for use in off-shore petroleum exploration and petroleum operationsFrom 1nd January, 2011 to 31st December, 2015

(By the Minister of Trade and Industry)

19 Jan 2011
Approved
House DebateHansard
3 speakersShow Speakers
1.The Honourable Stephen Cadiz [Chaguanas East] [Minister of Trade and Industry]
2.Senator the Honourable Paula Gopee-Scoon [Point Fortin] [Opposition Member]
3.The Honourable Stephen Cadiz [Chaguanas East] [Minister of Trade and Industry]