QUESTION ONE Statutory Instruments related to tax matters are issued from time to time by...
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QUESTION ONE Statutory Instruments related to tax matters are issued from time to time by the Minister of Finance. The statutory Legislation empowers the Minister to make orders to give effect to legislation or law. This type of Law is commonly referred to as delegated or subordinate Law. Article of the Constitution of Zambia empowers Parliament as the only body to enact Law, but Article gives Parliament the power to delegate its Lawmaking power to any person or department within the Republic to make Law through Statutory Instruments, which are required to be in the gazette within days of being made. Required: Discuss the major changes in the tax legislation announced by the Minister of Finance in the budget and their benefits to the economy of Zambia. 
QUESTION ONE
Statutory Instruments related to tax matters are issued from time to time by the
Minister of Finance. The statutory Legislation empowers the Minister to make orders
to give effect to legislation or law. This type of Law is commonly referred to as
delegated or subordinate Law.
Article of the Constitution of Zambia empowers Parliament as the only body to
enact Law, but Article gives Parliament the power to delegate its Lawmaking
power to any person or department within the Republic to make Law through
Statutory Instruments, which are required to be in the gazette within days of being
made.
Required:
Discuss the major changes in the tax legislation announced by the Minister of
Finance in the budget and their benefits to the economy of Zambia.
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