LUXURY VEHICLE LEVY ACT, 2018 Act 969

In force: 
yes
Short title: 
LUXURY VEHICLE LEVY ACT,
Long title: 
AN ACT to impose a Luxury Vehicle Levy on motor vehicles and to provide for related matters.
Date of assent: 
01 August 2018
Date of promulgation: 
01 August 2018
Date of commencement: 
08 March 2019
Download of Original File: 
PDF icon LUXURY VEHICLE LEVY ACT, 2018 ACT 969.pdf
Body: 

LUXURY VEHICLE LEVY ACT, 2018 Act 969

ARRANGEMENT OF SECTIONS
Section
I. Imposition of Luxury Vehicle Levy
2. Exemption from Levy
3. Collection of Levy
4. Bank account
5. Payment of Arrears
6. Regulations
7. Interpretation
                                                                                                                                                                                        SCHEDULE

Act 969
REPUBLIC OF GHANA

THE NINE HUNDRED AND SIXTY-NINETH
ACT
OF THE PARLIAMENT OF THE REPUBLIC OF GHANA
ENTITLED
LUXURY VEHICLE LEVY ACT, 2018

AN ACT to impose a Luxury Vehicle Levy on motor vehicles and to
provide for related matters.

DATE OF ASSENT: 31st July, 2018.
PASSED by Parliament and assented to by the President:

Imposition of Luxury Vehicle Levy
 (1) There is imposed by this Act an annual Levy to be known as
"Luxury Vehicle Levy" on a motor vehicle with an engine capacity as
specified in the second column of the Schedule.
(2) The Levy shall be paid by the owner of the motor vehicle
(a) on the date of the first registration of the motor vehicle; and
(b) on or before the due date for the annual renewal of the road
worthy certificate of the motor vehicle.
(3) A motor vehicle registered prior to this Act is subject to the Levy.
(4) The levies specified in the. third column of the Schedule shall be
paid in respect of motor vehicles with engine capacities specified in the
second column of the Schedule.

Exemption from Levy
2. The following motor vehicles are exempt from the Levy:
(a) tractors;
(b) ambulances;
(c) commercial vehicles that have the capacity to transport
more than ten persons;
(d) commercial vehicles for the transport of goods; and
(e) other motor vehicles that the Minister may by legislative
instrument exempt.

Collection of Levy
3. The Driver and Vehicle Licensing Authority shall collect the Levy
imposed under this Act.
Bank Account
4. The Levy collected under section 3, shall be paid into a bank account
opened for the purpose by the Board, with the approval of the Controller
and Accountant-General.

Payment of arrears
5. A person who fails to pay the Levy in any year, shall pay all arrears
accrued on or before the renewal of the roadworthy certificate.
Regulations
6. The Minister may, by legislative instrument make Regulations for
the effective implementation of this Act.
Interpretation
7. In this Act, unless the context otherwise requires,
"Board" means the governing body of the Driver and Vehicle
Licensing Authority established by section 5 of the Driver
and Vehicle Licensing Authority Act, 1999 (Act 569);
"commercial vehicle" means a vehicle registered by the Driver
and Vehicle Licensing Authority as a commercial vehicle;
"Levy" means the Luxury Vehicle Levy imposed under section
I; and
"Minister" means the Minister responsible for Finance.
 

SCHEDULE
Imposition of Levy
(sections 1 and 4)

ENGINE CAPACITY                                (CC) LEVY (GH¢)
1. 2950cc -  3549cc .                                        GH¢1,000.00
2. 3550 cc - 4049cc                                          GH¢1,500.00
3. 4050cc and above                                        GH¢2,000.00

 

Date of Gazette notification: I st August, 2018.
G~CL. ASSEMBLY PRESS. ACCRA. GPCL/A703/ l.2 50/07/2018
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