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Three revenue bills tabled

Three bills to implement measures to raise extra Government revenues were tabled in the House of Assembly.Parliament is now set to debate the Motor Car Amendment Act 2013 which would raise vehicle licensing fees by three percent for all vehicle classes, and rescind exemptions for larger vehicles owned by senior citizens, a bid to raise an estimated $2.2 million for the national treasury.And an estimated $1.5 million in extra revenue is to be raised if parliament agrees to pass the Corporate Services Amendment Act 2013 which would raise corporate services tax from four percent of gross earned revenue to six percent.Also tabled were proposed changes to the Fisheries Regulations which would double potential penalties for violators to up to two years in prison or a maximum fine of $50,000.