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"id": 842657,
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"type": "speech",
"speaker_name": "Hon. Speaker",
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"content": "However, His Excellency the President, by way of a memorandum, has since referred the Bill back to the National Assembly for reconsideration, pursuant to the provisions of Article 115(1)(b) of the Constitution. His Excellency, the President, has expressed reservations on: (a) Clause 2 of the Bill on the definition of the term ‘winnings’ for purposes of taxation; (b) Clause 18 of the Bill on deferral of the commencement date for the Value Added Tax on petroleum products; (c) Clause 31 of the Bill on Excise Duty proposed to be levied on sugar confectionery and fees charged for money transfer services; (d) Amendments to the Betting, Lotteries and Gaming Act on the rates of taxation for betting, gaming, lotteries and prize competitions; (e) Clause 68 of the original Bill on the proposed contributory scheme to the National Housing Development Fund (NHIF) to enable access to affordable housing; (f) Amendments to Part VII of the Bill relating to the Miscellaneous Fees and Levies Act on an anti-adulteration levy to be charged on kerosene imported into the country for home use; and (g) Recommendation for consequential amendments to the Appropriations Act, 2018, required to bridge the financing gap in accordance with Section 40(5) of the Public Finance Management (PFM) Act, 2012."
}