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One seniti levy on pa'anga foreign exchange imposed Nov 3

Wednesday, November 4, 2015 - 12:09.  Updated on Wednesday, November 4, 2015 - 16:57.

One seniti levy on pa'anga foreign exchange imposed Nov 3

Wednesday, November 4, 2015 - 12:09
The Foreign Exchange Levy Act 2015 that was originally scheduled to be implemented on 21 October, finally came into force yesterday, November 3, allowing government to collect one seniti from the banks on every pa'anga sold or purchased in foreign exchange transactions.

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