Mines and Minerals (Amendment) Act, 1997

2. The principal Act is amended by the insertion immediately after section sixty-six of the following new sections: Amendment or section 66 . 66A The Zambia Revenue Authority established under Commissioner- General to be the Zambia Revenue Authority Act, shall be responsible for rcsporysiblc for alues Cap. carryingawlllii provisions of sectionssixty-sixto sixty-nine of Jli this Act. /

66B. -Sectionsforty-five.forty-seven to forty-nine,fifty­ to fifty-eight, sixty-three to seventy, seventy-eight, five seventy-nine, eighty-seven, ninety-one, ninety-five and'ninety­ eight to one hundred and fifteen of the Income Tax Act shall, with the necessary modification, apply to the collection, assessment, penalisation, enforcement of, and right of appeal with respect to any royalty imposed under section sixty-six of this Act. Returns and assessments Cap. 323 Single copies ofthl, Act tnlJY be obtained from the Govemmenl Prinler, P.O. Box 30136, /0/00Lusaka. Price KS00.00 each. 26 No. 8 of 1997] Mines and Minerals (Amendment) Amendment of section 67 J. Section sixty-seven of the principal Act is amended- ( a) in subsection (I), by the deletion of the words " The Minister may,• after consultation with the Minister responsible for finance", and the substitution therefor of "The Minister responsible for finance may, after consul­ tation with the Minister": and (b) in subsection (3) by the deletion of " Minister " and the substitution therefor of" Commissioner-General ". " prescribed interest rate " means the rate that ex­ ceeds, by two per centum per annum, the pre­ vailing official discount rate, as published by the Bank of Zambia, that is in force on the twenty-second day of each month: Amendment of section 68 Amendment of section 69

4. Section sixty-eight of the principal Act is amended in sub­ section (I) by the deletion of " Minister " and the substitution therefor of" Commissioner-General ". S. (I) Section sixty-nine of the principal Act is amended in subsection(l) bythedeletionof" Minister" wherevcr itappears and the substitution therefor of " Commissioner-General ". (2) For the purposes of sections sixty-six A to sixty-nine of this Act the " Commissioner-General " means the Commissioner­ General of the Zambia Revenue Authority.

6. Section eighty-two of the principal Act is amended by the Amendment of section 82 deletion of subsection (I) and the substitution therefor .or-uie following: (I) There shall be an Environmental Protection Fund which shall be managed in such manner as the Minister may, by statutory instrument, prescribe. Amendment of se.ction 108

7. The principal Act is amended in section one hundred and eight by the deletion of subsection (3) and the substitution therefor of the following: (3) The Minister responsible for finance may, after consul­ tation with the Minister, by statutory instrument, make regulations for the bcller carrying into effect of sections sixty­ six to sixty:nine of this Act.