Thursday, 21 March 2013

Namibian Laws of 2011

Name Act No Date Ascented: Date Gazetted: Gazett-Nr: Description Act - pdf format
Statistics Act Act-No: 9 of 2011 02.08.2011 18.08.2011 4777  To provide for the development of the National Statistics System and provide for its components and objectives; to establish the Namibia Statistics Agency and the Board of the Namibia Statistics Agency and provide for their powers and functions; to establish the National Spatial Data Infrastructure and provide for its objectives, to establish the Committee for Spatial Data and provide for its functions; and to provide for incidental matters. http://www.parliament.gov.na/images/pdf.gif
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Employment Service Act Act-No: 8 of 2011 14.07.2011 29.07.2011 4764  To provide for the establishment of the National Employment Service; to impose reporting and other obligations on certain employers and institutions; to provide for the licensure and regulation of private employment agencies; and to deal with matters incidental thereto. http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/pdf.gif
 ( 204 kb)
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Income Tax Second Amendment Act
Act-No: 7 of 2011 http://www.parliament.gov.na/acts/images/spacer.gif
29.06.2011
14.07.2011 4755  To amend the Income Tax Act, 1981, so as to provide for the registration of a retirement annuity fund under the Pension Funds Act as a further requirement for approval of such fund by the Minister in respect of any year of assessment; and to provide for incidental matters. http://www.parliament.gov.na/images/pdf.gif
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Inspection of Financial Institution Amendment Act
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Act-No: 6 of 2011
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26.06.2011
13.07.2011 4753  http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/pdf.gif
To amend the Inspection of Financial Institutions Act, 1984, so as to empower the registrar to inspect a person, partnership or company not registered as a financial institution, upon reasonable suspicion, to establish whether or not the business of a financial institution is being carried on; and to provide for incidental matters.
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Pension Funds Amendment Act
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Act-No: 5 of 2011
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14.06.2011
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4735 
To amend the Pension Funds Act, 1956, so as to empower the Minister to make regulations prescribing the minimum or maximum amount or both the minimum and maximum amounts which a pension fund may invest in or outside Namibia or in particular assets or in particular kinds or categories of assets whether in Namibia or elsewhere, prescribing a framework for the investment of pension fund assets in unlisted investments, authorizing the registrar to grant conditional exemption from certain provisions, and prescribing administrative penalties for contravention or failure to comply with certain regulations; and to provide for incidental matters.  ( 168 kb)
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Appropriation Act
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Act-No: 4 of 2011
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31.05.2011
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10.06.2011
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4733 
To appropriate amounts of money to meet the financial requirements of the State during the financial year ending 31 March 2012. http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/pdf.gif
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Income Tax Amendment Act
Act-No: 3 of 2011 http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/acts/images/spacer.gif
24.05.2011
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10.06.2011
4732  http://www.parliament.gov.na/images/spacer.gif
To amend the Income Tax Act, 1981, so as to amend the definitions of “person”, “pension”, “preservation fund” and “retirement annuity fund”; to increase the amount which may be commuted for a single tax free payment; to increase the exemption from tax on a lump sum derived on retirement or retrenchment; to delete allowable deductions to mining companies in respect of rehabilitation expenditure; to provide for the administration of withholding tax on interest; to increase the threshold on income tax payable by individuals; to reduce the tax rate payable by non-mining companies; and to provide for incidental matters.
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Long-term Insurance Act
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Act-No: 2 of 2011
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24.05.2011
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20.06.2011
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4731 
To amend the Long-term Insurance Act, 1998, so as to empower the Minister to make regulations prescribing the minimum or maximum amount or both the minimum and maximum amounts which a registered insurer or reinsurer may invest in or outside Namibia; authorizing the registrar to grant conditional exemption from certain provisions; and to provide for incidental matters. http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/pdf.gif
 ( 159 kb)
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Animal Health Act
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Act-No: 1 of 2011
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03.04.2011
20.04.2011 4694  http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/spacer.gif,http://www.parliament.gov.na/images/pdf.gif
To provide for the prevention, detection and control of animal disease; to provide for the maintenance and improvement of animal health; and to provide for incidental matters.
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