ein aint tucnitattnaenunnnnnsnieistentici glia iiessidnssnasbatuieaaaeitasi EXTRAORDINAR} The Malawi Gazette Supplement dated 25th July, 2017 containing Acts MALAWI GOVERNMENT @ Act lished 25th July, 2017) No. 20 of 2017 Lassent Prof. ARTHUR PETER MUTHARIKA PRESIDENT 20th July, 2017 ARRANGEMENT OF SECTIONS SECTION 1, Short title and commencement 2. Amendment of s. 82 of the Customs and Excise Act ‘An Act fo amend the Customs and Excise Act ENACTED by the Parliament of Malawi as follows — 1. This Act may be cited as the Customs and Excise (Amendment) Act, 2017, and shall come into operation on Ist July, 2017. 2. Section 82 of the Customs and Bxcise Act is amended by deleting paragraph (f) and replacing with a new paragraph (f) as follows: “Q) in respect of airtime, television subscriptions, gaming and betting, including lotteries, excise duties in accordance with the provisions of an Excise Tariff prescribed by the Minister”. (No. 6C) Short tle and ‘commence ment ‘Amendment ofs B20f ap. 2-01 Passed in Parliament this twenty third day of June, two thousand and seventeen, FRONA KALEMBA (Clerk of ParliamentTaxation (Amendment) 1 MALAWI GOVERNMENT (@ublished 28th July, 2017) Act No. 24 of 2017 Lassent Prof. ARTHUR PETER MUTHARIKA PRESIDENT 20th July, 2017“ ARRANGEMENT OF SECTIONS SECTION 1, Short title and commencement 2. Amendment of section 84C of Cap. 41:01 3, Amendment of section 105 of the principal Act 4. Replacement of section 112 of the principal Act 5, Replacement of section 115 of the principal Act 6. Replacement of section 116 of the principal Act 7. Replacement of section 116A of the principal Act 8. Replacement of section 116B of the principal Act 9, Replacement of section 117 of the principal Act 10. Replacement of section 127A of the principal Act IL, Replacement of the Eleventh Schedule to the principal Act 12. Amendment of the Fourteenth Schedule to the principal Act An Act to amend the Taxation Act ENACTED by the Parliament of Malawi as follows— 1. This Act may be cited as the Taxation (Amendment) Act, Shor tile and 2017, and shall come into operation on 1st July, 2017. sommes 2. The Taxation Act (hereinafter referred to as the “principal Amendment ‘Act*) is amended in section 84C by deleting paragraph (8) and Sher” replacing therefor a new paragraph (6) as follows— Hof (B) on the other hand, the aggregate of — (i) the provisional tax paid under section 8452 ‘Taxation (Amendment) No. 24 the withholding tax paid under section 102A; and (ii) any one or any combination of (@ ané GD” 3. Section 105 of the principal Act is amended by— of section 105 ofthe (@) deleting subsection (5) and replacing therefor @ new principal Act gubseetion (5) as follows— 45) If tax is not paid on ot before the dates provided in subsections (1s (2) or G), 2 penalty and interest shall be, ‘charged as preseribed in subsection (6)"; and (B) deleting subsection (6) and replacing therefor « new subsection (6) as follows— (6) The penalty and interest referred to in subsection (5) shall be— {()an additional sum of 20 per cenfum of the amount of tax which was due to be paid in the first month or part thereof; and Gi) a further inferest charged on the outstanding ampont of tax at the prevailing bank lending rate plus > per cent per annum for each month or part thereof during ‘which the tax remains unpaid, ‘and such additional sums together with the amount of the tax shall be summarily recovered by Commissioner General in his own name: rovided that the Commissioner General may reduce or waive the mount of such additional sums if satisfactory explanation for the delay is given.”. Repl 4. Section 112 of the principal Act is deleted and replaced as ofpeton 12 follows— ofthe rmbt “Labany er 112.1) Any person who— ermles (@ fails to comply with any notice served on him by the Commissioner General under this Act or any rules made thereunder; () gives any incorrect information or omits any relevant information from any statement required to be made to the Commissioner General; (6) fails to keep records, books or accounts required to be kept under section 54, (@ fails to comply with any of the provisions of section 67 relating to the appointment of public officers; aed