2023 Laws not yet authenticated through a Commencement Order

Revised Laws of Saint Lucia (2023)

ACT

(Acts 7 of 1996, 36 of 2001, 4 of 2013 and 11 of 2014)

Act 7 of 1996 .. in force 11 May 1996

Amended by Act 36 of 2001 .. in force 10 November 2001

Amended by Act 4 of 2013 .. in force 29 April 2013

Amended by Act 11 of 2014 .. in force 19 May 2014

ARRANGEMENT OF SECTIONS

PART 1
PRELIMINARY

1.Short title
2.Interpretation

PART 2
APPROVED TOURISM PROJECT

3.Application for approval of tourism project
4.Further information to be furnished by the applicant
5.Interim approval of a project
6.Form of interim approval
7.Revocation of interim approval
8.Final approval of tourism product
9.Licensing of tourism product
10.Effective date of licensing

PART 3
INCOME TAX BENEFITS

11.Application of this Part to an approved tourism product
12.Exemption from income tax for an approved tourism product

PART 4
CUSTOMS DUTY EXEMPTIONS

13.Permits
14.Procedure on application for grant of permit
15.Form of permit
16.Exemption from customs duty
17.Refund
18.Refund when duty not known
19.Prohibited usesA
20.Authorised disposal of materials and articles
21.Marking of exempt articles
22.Inventory of exempt articles
23.Revocation of permit
24.Termination of permit
25.Transfer of permit
26.Remission or refund of customs duty

PART 5
TRANSITIONAL AND MISCELLANEOUS PROVISIONS

27.Exercise by judge of discretion conferred on Comptroller of Inland Revenue
28.Power to compound offences
29.Regulations
30.Pending applications under reapealed Hotel Aids Act, 1959
31.Licence under repealed Hotel Aids Act, 1959
32.Savings

AN ACT to encourage the development of the tourism industry by providing relief from income tax and to provide for related matters.

Commencement [11 May 1996]