Section 34, The Finance Act, 2016

The Finance Act, 2011 is amended by the repeal andreplacement of section 26 with the following new section– 26. (1) The importation of photovoltaic System Equipment and low energy or energy efficient appliances that meet relevant International Electrotechnical Commission (IEC) global standards for resale or use by third parties shall be duty-free. 14 1515 (2) For purposes of subsection (1), “photovoltaic” refers to the method of generating electrical power by converting solar radiation into direct current electricity, using semi-conductors that exhibit the photovoltaic effect”. (3) for purpose of subsection (1) a list of products, equipments and applicances that meet IEC global quality standards will be maintained by the Ministry of Energy and regularly updated in consultation with the solar private sector in Sierra Leone. (4) Any photovoltaic system equipment and low energy efficient appliance which does not meet the relevant IEC global quality standards shall not be included in the list maintained by the Ministry of Energy and shall be subject to the applicable taxes, fees and duties.