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Consolidated Acts of Samoa 2009 |
CONSOLIDATED ACTS OF SAMOA 2009
Arrangement of Provisions
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.
This law has been consolidated and revised by the Attorney General under the authority of the Revision and Publication of Laws Act 2008 and is an official version of this Act as at 31 December 2007. It is an offence to publish this Act without approval or to make any unauthorised change to an electronic version of this Act.
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.
This law has been consolidated and revised by the Attorney General under the authority of the Revision and Publication of Laws Act 2008 and is an official version of this Act as at 31 December 2008. It is an offence to publish this Act without approval or to make any unauthorised change to an electronic version of this Act.
Revised and consolidated by the Legislative Drafting Division under the supervision of Teleiai Lalotoa Sinaalamaimaleula Mulitalo (Parliamentary Counsel).
REVISION NOTES 2009
There were no amendments made to this law since the publication of the Consolidated and Revised Statutes of Samoa 2007.
This law has been consolidated and revised by the Attorney General under the authority of the Revision and Publication of Laws Act 2008 and is an official version of this Act as at 31 December 2009. It is an offence to publish this Act without approval or to make any unauthorised change to an electronic version of this Act.
Revised and consolidated by the Legislative Drafting Division under the supervision of Papalii Malietau Malietoa (Parliamentary Counsel).
The Bad Debts Act 1990 is administered in the Ministry of Finance.
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