Export Processing Zones Act (Chapter 39:06).
Country
Type of law
Legislation
Abstract
Part II of the Act provides for the establishment of the Export Processing Zones Appraisal Committee; the Committee shall be responsible for appraising and reviewing applications for the establishment and operation of export processing zones and the production or manufacture of export products, and making appropriate recommendations to the Minister. The Act envisages two types of declarations and related certificates: Declarations of export processing zones and Declaration of export products. In regard to the first the Minister may, on the recommendation of the Committee, for the purpose of attracting, promoting or increasing the manufacture of export products or with the object of promoting economic development generally, by notice published in the Gazette, declare (a) any area of land on which a factory has been or is being or is likely to be built; (b) any factory; (c) any area of land which immediately surrounds a factory or the plot on which a factory is being or is likely to be built, to be an export processing zone. In regard to the latter, where, upon application by a company the Minister considers it expedient in the economic interest of Malawi so to do, he may, on the recommendation of the Committee, by notice published in the Gazette, declare (a) any manufactured article, substance or other item intended for export, other than tobacco, tea, coffee or sugar; or (b) any service, to be an export product.
Other provisions of the Act impose restrictions on carrying on business or trade in export processing zones that is not authorised under a certificate; regulation of goods that are brought into the export processing zone or brought out; benefits accruing to export enterprises that are regulated under other Acts, such as Taxation Act, Customs and Excise Act, etc; restriction on quantities of export products to be sold locally; duty relief and other matters.
Other provisions of the Act impose restrictions on carrying on business or trade in export processing zones that is not authorised under a certificate; regulation of goods that are brought into the export processing zone or brought out; benefits accruing to export enterprises that are regulated under other Acts, such as Taxation Act, Customs and Excise Act, etc; restriction on quantities of export products to be sold locally; duty relief and other matters.
Attached files
Long title of text
An Act to provide for the establishment, operation and administration of export processing zones, and for matters ancillary thereto or connected therewith.
Date of text
Repealed
No
Source language
English
Legislation Amendment
No