BOTSWANA UNIFIED REVENUE SERVICE: SUBSIDIARY LEGISLATION

INDEX TO SUBSIDIARY LEGISLATION

Notice of Funds of the Revenue Service Order

NOTICE OF FUNDS OF THE REVENUE SERVICE ORDER

 

(section 26(1)(d))

 

(28th December, 2012)

 

ARRANGEMENT OF REGULATIONS

 

   REGULATION

 

 

 

   1.   Citation

 

   2.   Notice of Funds of the Revenue Service

 

 

S.I. 102, 2012.

 

1.   Citation

   This Ordermay be cited as the Notice of Funds of the Revenue Service Order.

 

2.   Notice of Funds of the Revenue Service

   The Funds of the Revenue Service shall consist of the following percentages of tax revenue with effect from 1st April, 2013-

 

   (a)   2 per cent of the revenue collected per annum to use for recurrent budget with the minimum being P379,000,000 (Three Hundred and Seventy Nine Million Pula) and the maximum being P401,280,000 (Four Hundred and One Million Two Hundred and Eighty Thousand Pula); and

 

   (b)   1 per cent of the total a nual revenue collected to use for the development budget.

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