Constituency Corner

Tuesday, 22nd November, 2022

 
NATIONAL ASSEMBLY OF ZAMBIA
 
SECOND SESSION OF THE THIRTEENTH ASSEMBLY
 
ORDER PAPER – TUESDAY, 22NDNOVEMBER, 2022
 
AT 14:30 HOURS
 
 
QUESTION FOR ORAL ANSWER (STANDING ORDER 76)
 

COP27 ADOPTS HISTORIC RESOLUTION ON CLIMATE LOSS AND DAMAGE

Following extensive negotiations at the Twenty–Seventh Session of the Conference of Parties of the United Nations Framework Convention on Climate Change (COP27), held from 6th to 18th November, 2022, in Sharm El Sheikh, Egypt, nearly 200 countries have agreed on a set of key outcomes, including the establishment of a fund to address loss and damage due to climate change.

The Zambia Development Agency Act, 2022.

An Act to continue the existence of the Zambia Development Agency and re-define its functions; re-constitute the Board of the Agency and provide for its functions; repeal and replace the Zambia Development Agency Act, 2006; and provide for matters connected with, or incidental to, the foregoing.

The Investment, Trade and Business Development Act, 2022

An Act to foster economic growth and development by promoting trade, business development and investment in the Republic through an efficient, effective and coordinated private sector led economic development strategy; promote economic diversification through the growth of exports; promote, facilitate, protect and monitor domestic and foreign direct investment; promote investment through joint ventures and partnerships between local and foreign investors; facilitate the development of industrial infrastructure and commercial services; promote research on matters related to industrial develo

Friday, 18th November, 2022

 
NATIONAL ASSEMBLY OF ZAMBIA
 
SECOND SESSION OF THE THIRTEENTH ASSEMBLY
 
ORDER PAPER – FRIDAY, 18TH NOVEMBER, 2022
 
AT 09:00 HOURS
 
HER HONOUR THE VICE PRESIDENT’S QUESTION TIME (45 MINUTES)
 
QUESTION FOR ORAL ANSWER (STANDING ORDER 74)

The Mines And Minerals Development (Amendment ) Bill, 2022

The object of this Bill is to amend the Mines and Minerals Development Act, 2015, so as to restructure the taxation of mineral royalty.

The Pension Scheme Regulation (Amendment) Bill, 2022.

The object of this Bill is to amend the Pension Scheme Regulation Act so as to provide for the approval of pension scheme rules by the Pensions and Insurance Authority.

The Property Transfer Tax (Amendment) Bill, 2022

The object of this Bill is to amend the Property Transfer Tax Act so as to—

(a) reduce the property transfer rate on the transfer of a mining right for an exploration licence to five percent from ten percent;

(b) provide clarity on a share in the mining sector to include an interest in a mining right and an interest in a mineral processing licence;

(c) provide clarity on the realised value in respect of the com- putation of property transfer tax on an indirect transfer of shares as a proportion of the value of the company incorporated in the Republic;

The Value Added Tax (Amendment) Bill, 2022.

The object of this Bill is to amend the Value Added Tax Act, so as to

(a) revise the definition of “commercial property”;

(b) provide clarity on crediting of input tax;

(c) revise the penalty for tax evasion; and

(d) provide for matters connected with, or incidental to, the foregoing.

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