3. Amendment of section 40 of Act…

Section 40 of the Finance Act, No. 35 of 2018

(hereinafter in this Part referred to as the “principal enactment”) is hereby amended by the repeal of subsection (1) thereof and the substitution therefor of the following subsection:—

“(1) There shall be levied a tax to be called the

“Carbon Tax” (hereinafter in this Part referred to as “the tax”) for the period commencing from January 1, 2019

and ending on November 30, 2019, from the registered owner of every motor vehicle specified in the Third

Schedule hereto, at the rates specified in that Schedule:

Provided however, the tax payable under this subsection shall not be levied in respect of any motor vehicle registered for the first time within the period commencing from January 1, 2019 and ending on

November 30, 2019, in terms of the Motor Traffic Act

(Chapter 203).”.