ADVOKS GLOBAL · KENYA
Dairy Industry (Imposition of Cess and Levy) Regulations, 2004
5. Failure to pay or remit cess or levy
Edition: 2022-12-31 · Repealed
5. Failure to pay or remit cess or levy
(1)A person who fails to pay or remit the cess to the Board as provided under regulation 3 shall, in addition to the cess, be liable to pay interest of twelve percent for the first or part of the month in which the cess remains unpaid and six percent compound interest for each subsequent month or part of a month in which the cess remains unpaid.(2)A person who fails to pay the levy to the board prior to the release of the imported milk or dairy produce as provided under regulation 4 shall, in addition to the levy, be liable to pay interest of twenty-five percent for the first month or part of a month in which the levy remains unpaid and twelve percent compound interest for each subsequent month or part of a month in which the levy remains unpaid.(3)The interest rates set out in subregulations (1) and (2) are monthly interest rates and not annual interest rates.(3A)A person who fails to pay or remit the processor’s levy as provided for under regulation 4A shall in addition to the processor’s levy be liable to pay an interest of twelve per cent of the amount owing for each month the levy remains unpaid.