Cotton (Levy) Ordinance (Cap. 228)

1929(CAP. 228Cotton (Levy). r::r"(~Ve-'I..Lo CO~ ~~M.," ~ r;; ~4 CHAPTER 228. COTTON (LEVY). (22nd July, 1933. Short title. 1. This Ordinance may be cited as the Cotton (Levy) Ordinance. Interpretation. 2. In this Ordinance "cotton" shall mean clean cotton lint; "exporter" shall include shipper (and in the case of a steamship, the owner or agent of such vessel) or ex porter of cotton. Imposition of levy. Ord. 14/1957. 3. There shall be and is hereby imposed upon all cotton exported from the Cdlony a levy at the rate of one and a half cents on every pound of cotton so exported : Provided that the Administrator in Council may from time to time vary the rate of such levy so that the same shall not exceed two cents per pound: Provided further that such levy shall not be payable with respect to any cotton reaped during any year prior to 1956.. ~ Payment of levy on export. 4. ( 1) The proceeds of the levy shall be paid into the Treasury on the export from the Colonyof cotton. (2) The levy shall be paid by the exporter . Declaration.5. The exporter shall deliver to the Treasurer a declara tion containing particulars as regards weight or quantity of every shipment made by him, on the form duly provided by the Treasurer for this purpose. Disposal of proceeds of levy. Ord. 14/1957. 6. The T~ shall deposit all proceeds of ilie levy in a separate account, and pay ilierefrom such sums as ilie Admini strator in Council may, from time to time, direct to be paid towards ilie formation and oilier expenses of the West Indian Sea Island Cotton Association (Incorpor!lted). r