Section 97: Transitional provisions

(1) A prosecution commenced before the commencement of this Act shall continue and be disposed of as if this Act had not come into force. (2) Where the period for making any application, appeal, or prosecution has expired before the commencement of this Act, nothing in this Act is to be construed as enabling the application, appeal, or prosecution to be made under this Act by reason only of the fact that a longer period is specified in this Act. (3) A tax liability that arose before the commencement of this Act may be recovered under this Act, but without prejudice to any action already taken for the recovery of the tax. (4) All forms and documents used under the tax laws specified in Schedule 2 to this Act may continue to be used until they are revoked under this Act and all references in those forms and documents to the tax laws under that Schedule are taken to refer to the corresponding provisions in this Act. Schedule 1 (Sections 2, 96(1)) Currency point A currency point is equivalent to twenty thousand shillings. Schedule 2 (Sections 1, 2, 96(2), 97(4)) Tax laws For the purposes of this Act, a reference to tax law means- (a) this Act; (b) the Income Tax Act; (c) the Value Added Tax Act; (d) the Excise Duty Act; (e) the Lotteries and Gaming Act; (f) any other Act imposing a tax as the Minister, may by statutory instrument declare in accordance with section 96(2). Schedule 3 (Section 2) Tax returns filed with Commissioner General (a) Value added tax return; (b) Income tax return; (c) Withholding tax return; (d) Excise duty return; (e) Tax return under section 50 of the Lotteries and Gaming Act; and (f) Stamp duty return. Schedule 4 (Sections 16(5), 96(2)) Amount of turnover in respect of which audited financial statements are required Uganda Shillings 500,000,000 or more.