Finance (No. 2) Act, 1968

Rate of wholesale tax.

6.—Wholesale tax shall, with effect on and from the 1st day of January, 1969, be charged, levied and paid at the rate of ten per cent. and, accordingly, “ten per cent.” is hereby substituted for “five per cent.” in section 7 (1) of the Finance (No. 2) Act, 1966 , with effect on and from that date, and “ten per cent.” is hereby substituted for “five per cent.” in section 11 (1) of that Act in respect of articles imported on or after that date.