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Inter-Governmental Relations (Functions and Funding) (2017 Budget) (Amendment) Act 2016

PAPUA NEW GUINEA

No.49 of 2016.

Inter-Governmental Relations (Functions and Funding) (2017 Budget) (Amendment) Act 2016.

Certified on: 22 DEC 2016

ARRANGEMENT OF SECTION.

Amount of Turnover Tax Distribution to Provincial Governments (Amendment of Section 49).

No.49 of 2016.

AN ACT

entitled

Inter-Governmental Relations (Functions and Funding) (2017 Budget) (Amendment) Act 2016.

Being an Act to amend the Inter-Governmental Relations (Functions and Funding) Act 2009.

MADE by the National Parliament and deemed to come into operation on 1 January 2017.

AMOUNT OF TURNOVER TAX DISTRIBUTION TO PROVINCIAL GOVERNMENTS (AMENDMENT OF SECTION 49).

Section 49 of the Principal Act is amended -

(a) by repealing the year "2009" and replacing it with the following year:

• "2017"; and

(b) by inserting, after the word "year" twice appearing, the following words:

• "40% of".

I hereby certify that the above is a fair print of the Inter-Governmental Relations (Functions and Funding) (2017 Budget) (Amendment) Act 2016 which has been made by the National Parliament.

Acting Clerk of the National Parliament.

22 DEC 2015

I hereby certify that the Inter-Governmental Relations (Functions and Funding) (2017 Budget) (Amendment) Act 2016 was made by the National Parliament on 8 November 2016.

Speaker of the National Parliament

22 DEC 2016