SAMOA

COMMONWEALTH YOUTH GAMES 2015 (SPONSORSHIPS) ACT 2014

Arrangement of Provisions

1.	Short title and commencement
2.	Interpretation
3.	Sponsors
4.	Tax deductions under the Income Tax Act
5.	Customs duties
6.	Minister’s Order
7.	Company exempted from income tax
8.	Expiration of Act
9.	Consequential amendment and saving

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COMMONWEALTH YOUTH GAMES 2015 (SPONSORSHIPS) ACT 2014
2014							No. 27

AN ACT to provide sponsorships ofand tax deductions for the Commonwealth Youth Games 2015 and for related purposes.
[Assent and commencement date: 28 October 2014]

BE IT ENACTED by the Legislative Assembly of Samoa in Parliament assembled as follows:

1.Short title and commencement-(1) This Act may be cited as the Commonwealth Youth Games 2015 (Sponsorships) Act 2014.
(2) This Act commences on the date it is assented to by the Head of State.

2.Interpretation - In this Act, unless the context otherwise requires:
“Board” means the Board of Directors of the Company;
“Company” means the Commonwealth Youth Games 2015 Company Limited;
“Games” means the Commonwealth Youth Games 2015 to be held in Samoa in September 2015;
“sponsor” means a person approved under section 3to provide sponsorship for the Games;
“sponsorship” means any or all of the following sponsorship of the Games made on or before the date of the Games official closing ceremony:
(a) donation in cash or kind;
(b) goods;
(c) services.

3. Sponsors-(1) A person must not be a sponsor of the Games unless the person is approved as such by the Board.
(2) A person may apply in writing to the Board to be a sponsor of the Games.
(3)When an application is received under subsection (2), the Board may approve(with or without conditions) the person, as a sponsor of the Games.
(4) The Board may, on its own initiative, request and approve a person to be a sponsor.
(5)The Board may determine different categories of sponsors and different types or means of sponsorship.
(6) A person who contravenes subsection (1) commits an offence and is liable on conviction to a fine not exceeding 500 penalty units.

4.Tax deductions under the Income Tax Act -A sponsor is entitled to a tax deduction under section 27(5) of the Income Tax Act 2012.

5. Customs duties-(1)Anygoods imported by the Company for the purposes of the Games areexempt from Customs duties or any other duties charged on the importation of the goods.
(2) This section applies to goods imported on or before the date of the official closing ceremony of the Games.
(3) For the purpose of the Value Added Goods and Services Tax Act 1993, any goods imported under this section are deemed to be exempted by the Minister under paragraph (ii) of the Proviso to section 13(1) of that Act as if the imported goods were imported under an international aid project.
6.Minister’s Order - The Minister may make an Order:
(a) to provide for any other matter relating to sponsorships of the Games; or
(b) to give effect to the provisions of or for the purposes of this Act.

7.Company exempted from income tax-(1)Any income derived by the Company is exempt from tax.
(2) For subsection (1), the Company is taken to be a statutory authority for the purpose of Part A(1)(a) of Schedule 2 of the Income Tax Act 2012.

8. Expiration of Act-(1) This Act expires on 31 December 2015, subject to subsection (2).
(2)A tax deductionallowed under section 27(5) of the Income Tax Act 2012 continues as if this Act had not expired.

9. Consequential amendmentand saving-(1)For section 27 of the Income Tax Act 2012:
(a)in subsection (2)(a), for “ten” substitute “fifteen”; and
(b) aftersubsection (4), insert:

“(5) A sponsoris allowed a deduction to their assessable income for a tax year for the value of sponsorship of theCommonwealth Youth Games 2015 held in Samoa.
(6) In this section:
“place of education” means:
(a) a school registered under the Education Act 2009; or
(b) a registered Post school Education and Training provider under the Samoa Qualifications Authority Act 2010.
“gift” means monetary donation;
“sponsor” and “sponsorship” have the meanings in the Commonwealth Youth Games 2015 (Sponsorships) Act 2014.”.

(2) Any decision of the Board on sponsorships made and any sponsorship approved, before the commencement of this Act, are treated as if they were made or approved under this Act.

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REVISION NOTES2014

This is the official version of this Act as at 31 December 2014.

This Act has been revised by the Legislative Drafting Division in 2014 under the authority of the Attorney General given under the Revision and Publication of Laws Act 2008.

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This Act is administered by
the Ministry of Finance.

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