INTERNATIONAL TRADE ZONE ACT, 1995

AN ACT to provide for the establishment of international trade zones and to regulate the operation of the zones and to provide for matters connected therewith.

ENACTED by the President and the National Assembly

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PART I - PRELIMINARY

1. This Act may be cited as the International Trade Zone Act, 1995, and shall come into operation on such date as the Minister may, by notice published in the Gazette, appoint.2. In this Act -

"Authority" means the Authority referred to in section 5;

"concessions" means the concessions specified in the regulations;

"deal with", in relation to goods, means

assemble, grade, pack, repack, label, relabel, bulk break,

tranship or sell;

"goods" includes animal, bird, fish, plant and all kinds of movable property;

"international trade zone" means an area declared as such under section 3 and such zone may be a single-enterprised zone or a zone where more than one business is carried on;

"licence" means a licence issued under this Act;

"premises" includes -

(a) a place, whether enclaved or built upon or not;

(b) a part of premises;

"single-enterprised zone" means a zone restricted to a single business;

"zone" means an international trade zone.