Revenue Agencies (Retention of Part of Revenue) Act, 2002 Act 628 (Revised Edition)

REVENUE AGENCIES (RETENTION OF PART OF REVENUE) ACT, 2002 (ACT
628)
As repealed by Ghana Revenue Authority Act, 2009 (Act 791), s.30 (1)(c)
ARRANGEMENT OF SECTION
Section
1. Funding of a Revenue Agency.
2. Consequential Amendments.
3. Repeals.
1

e Authority Act, 2009 (Act 791), s.30 (1)(c)
ARRANGEMENT OF SECTION
Section
1. Funding of a Revenue Agency.
2. Consequential Amendments.
3. Repeals.
1

ACT 628
REPUBLIC OF GHANA
THE SIX HUNDRED AND TWENTY-EIGHTH
ACT
OF THE PARLIAMENT OF THE REPUBLIC OF GHANA
ENTITLED
THE REVENUE AGENCIES (RETENTION OF PART OF REVENUE) ACT, 2002,
(ACT 628). AN ACT to authorize each revenue agency to retain a percentage of the revenue it collects,
and for related matters. DATE OF ASSENT: 24th June, 2002. BE IT ENACTED by Parliament as follows:
Section 1—Funding of a Revenue Agency. Each of the following institutions:
(a) Internal Revenue Service;
(b) Customs, Excise and Preventive Service;
(c) Value Added Tax Service;
shall for the carrying out of its functions and for the payment of salaries, allowances,
operational and administrative expenses, and other expenditure, retain an amount as may be
determined by the Minister not exceeding 3 percent of the total annual revenue it collects. Section 2—Consequential Amendments. (1) The Internal Revenue Service Law, 1986 (PNDCL 143) is amended in section 20
subsection (2) paragraph (b) by the deletion after "Service" of the expression "under section
15 of this Law".

86 (PNDCL 143) is amended in section 20
subsection (2) paragraph (b) by the deletion after "Service" of the expression "under section
15 of this Law".

(2) The Customs, Excise and Preventive Service (Management) Law, 1993 (PNDCL 330) is
amended in section 21 subsection (5) paragraph (b), by the deletion after "Service" of
expression "under section 16 of this Law". 2

(3) The Value Added Tax Act 1998 (Act 546) is amended in section 51 subsection (5)
paragraph (b), by the deletion after "Service" of the expression "under section 50 of this Act".
(4) The Internal Revenue Act 2000 (Act 592) as amended is further amended by the
substitution for subsection (2) of section 113 of the following:
"(2 ) The Commissioner shall be responsible for the administration of this Act and shall pay
into the Consolidated Fund monies due to the Service under this Act unless otherwise
provided under any other enactment."
Section 3—Repeals.
The following are hereby repealed:
(a) sections 14 and 15 of the Internal Revenue Service Law, 1986 (PNDCL 143);
(b) sections 15 and 16 of the Customs, Excise and Preventive Service (Management) Law,
1993 (PNDCL 330); and
(c) section 50 of the Value Added Tax Act, 1998 (Act 546).
Date of Gazette Notification: 25th June, 2002.
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