Column 1

                                                           (Enactment

Column 2

 (How affected)

1. Customs and Excise (Petroleum

Taxes and Petroleum Related

Levies) Act. 2005 (Act 685) as

amended by the Customs and

Excise (Petroleum Taxes and Petroleum Related Levies) (Amendment) Act, 2013 (Act 867)

2. Debt Recovery (Tema Oil Refinery Company) Fund Act. 2003 (Act 642)

3. Electricity (Special Levies) Act, 1995 (Act 497)

4.National Petroleum Authority

(Prescribed Petroleum Pricing)

Regulations, 2012 (L.I. 2186)

Act 685 is amended by the repeal of sections 2, 3, 5 and 6 and the Second Schedule.

Act 642 is amended

(a) by the substitution for section 3 of "Sources of the Fund

3. The moneys for the Fund include moneys that may be

(a) allocated by Parliament; and

(b) received from any other source an approved by Parliament.”;

(b) in line of 1 of section 7 by the deletion of “section 8”;

(c) by the repeal of sections 8,9,10 and 11;

(d) in section 15 by the substitution for “the Fund established under section 1” of “the Energy Debt Recovery Account established under section of the Energy Sector Levies Act, 2015 (Act-.-)-”; and

(e) by the repeal of the Schedule as amended by the Debt Recovery (Tema Oil Refinery Company) Fund (Amendment) Act, 2003 (Act 811)

Act 497 is repealed.

L.I. 2186 is amended by the

(a) substitution for regulation 8 of “Levies

8. The prescribed petroleum pricing

formula includes the following:

(a)       Energy Debt Recovery Levy;

(b)       Energy Fund Levy;

(c)        Road Fund Levy; and

(d)       Price Stabilization and Recovery

Levy.”; and

(b) by the revocation of regulation