Diamonds Act, 1986 (Act No. 56 of 1986)Chapter IX : General93. Levies |
[Section 93 repealed by section 19(5) of the Diamond Export Levy (Administration) Act, 2007 (Act No. 14 of 2007)]
| 1) | In order to defray the expenses incurred by the Regulator in the performance of its functions under this Act, the Minister may annually on the recommendation of the Regulator and by notice in the Gazette impose a levy on producers or licensees or on any association or organisation of producers, dealers or cutters but the Minister shall not impose such a levy unless the levy is supported by a majority of the members of the Regulator referred to in section 5(1)(e), (g), (h) and (i). |
| 2) | A levy imposed under subsection (1) shall be payable to the Regulator on or before such day and by such persons as may be determined in the relevant notice. |
| 3) | Different levies may be determined under subsection (1) in respect of different categories of producers or licensees, and the Minister may exempt any category of producers or licensees from the levy. |