CAP. 310]
Business Registration
[1987 Ed.
Exemption from payments of fees for small businesses.
Schedule.
Schedule.
(b) to attend at a time and place to be named by the Commissioner for the purpose of being examined respecting such information.
(5) In this section references to a business include references to a branch of that business. (Added, 56 of 1984, s. 7)
9. (1) Upon application being made to the Commissioner in the manner prescribed, he shall exempt from the payment of the prescribed business registration fee and levy any person carrying on a business which is shown to his satisfaction (Amended, 56 of 1984, s. 8)
(a) in the case of any business except a new business or any business whose profits are derived primarily from the sale of services to have total sales not exceeding an average of the sum specified in item 2 of the Schedule; or
(b) in the case of any business whose profits are derived primarily from the sale of services except a new business, to have total sales or receipts not exceeding an average of the sum specified in item 3 of the Schedule; or
(c) in the case of a new business is unlikely to have total sales or receipts, as the case may be, exceeding the averages referred to in paragraphs (a) or (b) respectively.
The average in each case shall be based on the sales or receipts for the period of 6 months immediately preceding the making of the application or on such other information as the Commissioner may see fit to accept.
(2) An application under this section shall be made not later than-
(a) 1 month before the date of expiry of a current business registration certificate; or
(b) in the case of a new business 1 month after application for the registration of such business under section 5:
Provided that the Commissioner may extend such period if he sees fit.
(3) Where an exemption is granted under subsection (1) the Commissioner shall issue a business registration certificate endorsed to that effect, and such exemption shall apply to the period of 12 months immediately following the date of commencement endorsed thereon or to such further period or periods not exceeding 3 years as the Commissioner may direct.
(4) The liability to pay the prescribed business registration fee and levy shall not be affected by the making of any application under subsection (1) unless the Commissioner shall otherwise direct, and where an exemption is granted after the prescribed business registration fee and levy have been paid such fee and levy shall be refunded. (Amended, 56 of 1984, s. 8)
8
CAP. 310]
Business Registration
[1987 Ed.
Exemption from payments of fees for small businesses.
Schedule.
Schedule.
(b) to attend at a time and place to be named by the Commis- sioner for the purpose of being examined respecting such information.
(5) In this section references to a business include references to a branch of that business. (Added, 56 of 1984, s. 7)
9. (1) Upon application being made to the Commissioner in the manner prescribed, he shall exempt from the payment of the prescribed business registration fee and levy any person carrying on a business which is shown to his satisfaction (Amended, 56 of 1984, s. 8)
(a) in the case of any business except a new business or any business whose profits are derived primarily from the sale of services to have total sales not exceeding an average of the sum specified in item 2 of the Schedule; or
(b) in the case of any business whose profits are derived primarily from the sale of services except a new business, to have total sales or receipts not exceeding an average of the sum specified in item 3 of the Schedule; or
(c) in the case of a new business is unlikely to have total sales or receipts, as the case may be, exceeding the averages referred to in paragraphs (a) or (b) respectively.
The average in each case shall be based on the sales or receipts for the period of 6 months immediately preceding the making of the application or on such other information as the Commissioner may see fit to accept.
(2) An application under this section shall be made not later than-
(a) 1 month before the date of expiry of a current business
registration certificate; or
(b) in the case of a new business 1 month after application for
the registration of such business under section 5:
Provided that the Commissioner may extend such period if he sees fit.
(3) Where an exemption is granted under subsection (I) the Commissioner shall issue a business registration certificate endorsed to that effect, and such exemption shall apply to the period of 12 months immediately following the date of commencement endorsed thereon or to such further period or periods not exceeding 3 years as the Commissioner may direct.
(4) The liability to pay the prescribed business registration fee and levy shall not be affected by the making of any application under subsection (1) unless the Commissioner shall otherwise direct, and where an exemption is granted after the prescribed business registration fee and levy have been paid such fee and levy shall be refunded. (Amended, 56 of 1984, s. 8)
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