24. Imposition of Vehicle Entitlement Levy

There shall be charged with effect from January 1,

2016, a levy to be called the “Vehicle Entitlement Levy”

(hereinafter in this Part referred to as “the levy”) from every importer of motor vehicles, who imports a motor vehicle specified in the First Schedule hereto, at the respective rates set out in that Schedule for each category of vehicle identified under the harmonized commodity description and coding system numbers:

Provided however, an importer of vehicle who imports such vehicle in unassembled form shall not be liable to pay the levy.