Meta Data

Draft:

Yes

Revision of previous policy?:

Yes

Draft Year:

2011

Effective Start Year:

2011

Scope:

National

Document Type:

Act

Economic Sector:

Energy, Power

Energy Types:

Power, Renewable, Other

Issued by:

Parliament of The RMI

File:

Import Duties (RE & EE Equipments Exemption Amendment) Act 2011 (Bill No. 85ND1)

Overall Summary:

Amendment of Section 206 of the Import Duties Act by adding a new section, Section 206A in order to provide exemption for the importation of Renewable Energy and Energy efficiency equipment into RIM.

Trade

Import taxes and fee exemptions:

No import duty shall be levied on Energy Efficient equipment (initially air conditioning units, refrigerators and freezers, fluorescent and LED lightings) which have an Energy Star label or equivalent, into the Republic of the Marshall Islands for the purposes of provision of services using electrical power.---No import duty shall be levied on Renewable Energy equipment (initially, warranted solar hot water heaters, photovoltaic (PV) panels, array frames, regulators, inverters, complete solar PV kits including batteries, or wind turbine kits) imported into the Republic of the Marshall Islands for the purposes of power generation.

Investment

Tax and duty exemptions for energy equipment:

Full Document Text

NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS 32ND CONSTITUTIONAL REGULAR SESSION, 2011

BILL NO: 85ND1

_{AN ACT}

to amend Section 206 of the Import Duties Act by adding a new section, Section 206A in order to provide exemption for the importation of Renewable Energy (RE) and Energy Efficiency (EE) equipments into the Republic of the Marshall Islands.

BE IT ENACTED BY THE NITIJELA OF THE REPUBLIC OF THE MARSHALL ISLANDS:

Section 1. Short Title

This Act may be cited as the Import Duties (RE&EE Equipments Exemption Amendment) Act, 2011.

Section 2. Amendment.

(1) Section 206 of the Import Duties Act is amended by inserting a new Section to read as follows:

§206A. Exemption for Renewable Energy (RE) and Energy Efficiency (EE) equipments.

(1) No import duty shall be levied on Renewable Energy equipment (initially, warranted solar hot water heaters, photovoltaic (PV) panels, array frames, regulators, inverters, complete solar PV kits including batteries, or wind turbine kits) imported into the Republic of the Marshall Islands for the purposes of power generation.

(2) No import duty shall be levied on Energy Efficient equipment (initially air conditioning units, refrigerators and freezers, fluorescent and LED lightings) which have an Energy Star label or equivalent, into the Republic of the Marshall Islands for the purposes of provision of services using electrical power.

(3) Subsection (1) and (2) shall apply to the residential, commercial and government sectors.

(4) Any person who is granted exemption under Subsections (1) and (2) shall sign a prescribed form that certifies the imported RE & EE equipment complies, and declares thereby on the certificate the right of government officers to inspect the equipment. The prescribed form is set out in the Schedule to this Bill.

Section 3. Effective Date

This Act shall take effect on the date of certification in accordance with the Constitution and the Rules of Procedures of the Nitijela.

CERTIFICATE

I hereby certify:

16 1. That Nitijela Bill No: 85ND1 was passed by the Nitijela of the Republic of the Marshall Islands on the 10th day of March 2011

2. That I am satisfied that Nitijela Bill No: 85ND1 was passed in accordance with the relevant provisions of the Constitution of the Republic of the Marshall Islands and the Rules of Procedures of the Nitijela.

I hereby place my signature before the Clerk this 18th day of March 2011,

Attest:

Hon. Alvin T. Jacklick

Speaker

Nitijela of the Marshall Islands

Gary Ueno

Clerk

Nitijela of the Marshall Islands

RMI IMPORT DUTY CERTIFICATE OF EXEMPTION FOR RE AND EE EQUIPMENT

(Schedule 1, Section 206A(4))

Ministry of Resources & Development

P.O. Box 1351 Majuro, MH 96960

Ph: (692) 625-3206 Fax: (Ei92) 625-7471

I declare, under penalty of perjury, that the information on this certificate is true, that I have submitted all the required documents to support my claim, that I have consulted the statutes, administrative rules and other sources of law applicable to my exemp tion, and that I have exercised reasonable care in assuring that my claim of exemption is valid under RMI law. In the event this claim is disallowed,I accept full responsibility for the payment of tax, penalty and any accrued interest.

Signature	Print Name	Title	Date