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CYP-2000-L-57912
Breadcrumb
Title_of_text
Act No 70(I) of 2000 to provide for the imposition of a special tax on the revenues of dockers and tally-men, and allow for the creation of a special fund for the payment of a loan concerning compensation of retired dockers and tally-men.
Main Region
First Region
Country(ies)
Cyprus
Subjects (Classification)
Dock workers
Adopted on (Date of text)
2000
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
Stipulates that all employers and merchant marine agents are obliged to pay a special tax of five per cent on the revenues of dockers and tally-men under their employ to enable the full repayment of a loan taken out to meet current needs for the compensation of retired dockers and tally-men. This tax is to be paid to a special fund created for this purpose, called "Special Fund for the settlement of the loan destined to compensate the retired dockers and tally-men". Provisions for the fund's organisation and management, along with the conditions for its repayment, and sanctions and penalties for non compliance are also set out.
Serial region
Serial title
Epissimos Ephimeris tis Dimocratias, Part I
Date
2000-06-02
Number
No 3410
Page range
pp. 1070-1073