Section 3 of the Ports and Airports Development Levy
Act, No. 18 of 2011 (hereinafter referred to as the “principal enactment”) is hereby amended by the repeal of subsection (1) thereof and substitution therefor of the following subsection:–
“(1) The levy to be charged and levied in respect of the cost, insurance and freight value of any article referred to in section 2 shall be calculated –
(a)
for the period commencing on January 1,
2011 and ending on December 31, 2015 at the rate of 5.0 per centum; and
(b)
from January 1, 2016 at the rate of 7.5 per centum.”.
Where the Director-General of Customs who charges or collects, during the period commencing on January 1,
2016 and ending on the date on which the certificate of the
Speaker is endorsed in respect of this Act, the Levy as provided in subsection (1) of section 3 of the principal enactment as amended by section 2 of this Act shall be deemed to have acted and to be acting with due authority and such charge or collection, shall be deemed for all purposes to have been, and to be, validly made. The Director-General of Customs is hereby indemnified against all action, civil or criminal, in respect of such charge or collection.