Africa-Press – Angola. The Draft Law to Amend the Customs Code was approved on Thursday, in general, by the National Assembly, with 112 votes in favor, 70 abstentions and none against.
The bill was approved during the 5th Ordinary Plenary Meeting of the 3rd Legislative Session of the V Legislature.
On the initiative of the President of the Republic, as the Head of the Executive Power, the Law aims to update and contextualize the Customs Code, approved by Decree-Law No. 5/06, of 4 October, to the profound changes introduced in the tax system, as well as to meet the various international commitments in customs matters assumed by Angola, with a focus on Angola’s accession to the Revised Kyoto Convention through Resolution No. 26/16, of 20 July.
This Law also aims to regulate various matters related to customs activity, fill existing gaps, as well as introduce rules for simplifying and improving some customs regimes and the customs taxation process.
This Proposal repeals Decree-Law No. 5/06, of 4 October, which approves the Customs Code, as well as Decree No. 43 199, of 29 September 1960, which approves the Organic Statute of Overseas Customs and all legislation that contradicts this Draft Law.
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