Zambia Development Agency (Amendment) Act, 2013 (No. 17 of 2013)

Zambia Development Agency (Amendment) [No. 17 of20!3 307 GOVERNMENT OF ZAMBIA ACT No. 17 of 2013 Date of Assent: 20th December, 2013 An Act to amend the Zambia Development Agency Act, 2006. [ 20th Decembe,. 2013 ENACTED by the Parliament of Zambia. 1. (l) This Act may be cited as the Zambia Development Agency(Amendment)Act, 20 I 3, and shall be read as one with the Zambia Development Agency Act, 2006, in this Act referred to as the principal Act. (2) This Act shall come into operation on 1st January, 2014. 2. Section fifty-six of the principal Act is amended by the insertion, immediately after the words "or product", of the words "in a multi-facility economic zone or an industrial park". 3. Section fifty-seven of the principal Act is amended in subsection ( 1) by (a) the deletion of paragraphs (b) and (c) and the substitution therefor of the following: (h) a business enterprise conducting operations in (i) a priority sector in a multi-facility economic zone or an industrial park; or (ii) in respect of a priority product manufactured in a multi-facility economic zone or an industrial park; or; and (b) the re-numbering of paragraph (d) as paragraph (c). Enactment Short title and """""""' Act No. 11 of2006 Amendment ofsection 56 Amendment of section 57 4. Section sixty-nine of the principal Act is amended by the Amendment insertion, immediately after subsection (3), of the following new of section 69 subsection: Single copies of this Act may be obtained from the Government Printer, P.O. Box30J36, JOJO! Lusaka, PriceK J.OOeach. 308 No.17 of2013J Zambia Development Agency (Amendment) Cap. 323 Cap. 322 (4) An investor whose tax incentives are suspended or with­ drawn under subsection (3) shal! remit the taxes due under the Income Tax Act or Customs and Excise Act, as the case may be, for any charge year in which the incentives are accessed or accrued.