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Production Development Fund | Purposes for which fund established | Parastatal organisation responsible for management | Financial resources |
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1. | Sugar and Sugar Products Fund | (a) Financing, by way of loan or equity, of fixed investments by parastatal organisations engaged in the production of sugar products; | The Sugar Development Corporation established by the Sugar Development Corporation (Establishment) Order. | (a) Sales tax levied on sugar to the extent of 30 cts per kilo; |
(b) financing, by way of loan or grant, research by or for the benefit of organisations engaged in the production of sugar or sugar products; | | (b) the balance of the Sugar Development Fund held by the Sugar Board, which balance shall be transferred to the Sugar Development Corporation for the payment into the Sugar Products Fund. |
(c) financing, by way of loan or grant, training of citizens of the United Republic by or for the benefit of organisations engaged in the production of sugar or sugar products. | | | |
2. | Sisal Products Fund | (a)Financing by way of loan or equity, of fixed investments by parastatal organisations engaged in the production of sisal products;(b)financing, by way of loan or grant, research by or for the benefit of organisations engaged in the production of sisal products;(c)financing, by way of loan or grant, training of citizens of the United Republic by or for the benefit of organisations engaged in the production of sisal products. | Tanzania Sisal Authority established by the Sisal Industry Act5. | One-half of the Export Tax levied on sisal: Provided that the amount so paid into the Sisal Products Fund shall not exceed Shs. 40,000,000/= in any financial year. |
3. | Textile and Garments Fund | (a) Financing, by way of loan or equity, of fixed investments by parastatal organisations engaged in the production of textiles, textile products and garments; | The National Textile Corporation established by the National Textile Corporation (Establishment) Order. | (a) One-half of the export tax levied on cotton; |
(b) financing, by way of loan or grant, research by or for the benefit of organisations engaged in the production of textiles, textile products and garments; | (b) one-tenth of the sales tax levied on locally manufactured articles falling within tariff numbers 51/53/55/56/57/58 and 60-01 |
(c) financing, by way of loan or grant, training of citizens of the United Republic by or for the benefit of organisations engaged in the production of textiles, textile products and garments; | |
4. | Beverages Fund | (a) Financing, by way of loan or equity, of fixed investments by parastatal organisations engaged in the production of beverages including soft and alcoholic beverages; | Tanzania Breweries Limited established under the Companies Act6 of the Laws of Tanzania. | (a) Sales tax levied on beer to the extent of 20 cts per litre; |
(b) financing, by way of loan or grant, research by or for the benefit of organisations engaged in the production, beverages including soft and alcoholic beverages; | (b) Sales tax levied on soft drinks to the extent of 20 cts per litre; |
(c) financing, by way of loan or grant, training of citizens of the United Republic by or for the benefit of organisations engaged in the production of beverages including soft alcoholic beverages. | (c) Sales tax levied on Konyagi to the extent of Shs. 5/= per litre. |
5. | Cashew Industry Fund | (a)Financing, by way of loan or equity, of fixed investments by parastatal organisations engaged in the production processing and marketing of cashew nuts;(b)financing, by way of loan or grant, research by or for the benefit of organisations engaged in the production, processing and marketing of cashew nuts;(c)financing, by way of loan or grant, training of citizens of United Republic by or for the benefit of organisations engaged in the production, processing and marketing of cashew nuts. | The Cashew nut Authority of Tanzania established by the Cashewnut Board of Tanzania Act7. | One-half of the export tax on cashew nuts. |
6. | Leather and Leather ProductsFund | (a)Financing, by way of loan or equity, of fixed investments by parastatal organisations engaged in the production of leather or leather products;(b)financing, by way of loan or grant, research by or for the benefit of organisations engaged in the production of leather or leather products;(c)financing, by way of loan or grant, training of citizens of the United Republic by or for the benefit of organisations engaged in the production of leather or leather products. | The National Development Corporation. | The whole of the production tax on hides and skins levied under the Hides and Skin Trade Act8. |
7. | Tourism Fund | Financing, by way of loan or equity, of fixed investments by parastatal organisations engaged in the promotion of tourism in the United Republic. | The Tanzania Tourist Corporation established by the Tanzania Tourist Corporation (Establishment) Order. | The whole of the hotel levy collected under Hotels Act9. |
8. | Commercial Accountants and Auditors Training Fund | Financing, by way of loan or equity, training of citizens of the United Republic as accountants and auditors having regard to the requirements of the parastatal sector. | The National Board of Accountants and Auditors established by the Accountants and Auditors (Registration) Act10. | One-fifth of the business licence fees collected under the Business Licensing Act11. |
9. | Transport and Vehicle Operator and Maintenance Training Fund | Financing, by way of loan or grant, training of citizens of the United Republic as—(a)motor-vehicle operators;(b)motor-vehicle maintenance and repair personnel;(c)store-keepers, stock clerks and purchasing officers in the motor vehicle industry. | The National Transport Corporation. | One-half of the transport licensing fees levied under the Transport Licensing Act12. |
10. | Rural Productivity Fund | Financing, by way of loan or grant, of training of citizens of the United Republic in bookkeeping accounting, financial management, husbandry, farm management, construction, public health and other skills relevant to the raising of rural productivity with special reference to the needs of Ujamaa villages. | The Governing Body of the Co-operative College established by the Co-operative College Act13. | (a)One-twentieth of the export tax levied on coffee;(b)One-half of the tobacco tax levied under the Tobacco (Imposition of Tax) Act. |
11. | Transfer Tax Investment and Management Fund | Financing, by way of loan or equity, small scale industrial investments to increase the country's productive capacity and self sufficiency. | The Tanzania Investment Bank established by the Tanzania Investment Bank Act14. | The whole of transfer tax collected by the East African Customs and Excise Department under the Transfer Tax Act. |
12. | Coffee Industry Fund15 | (a)Financing, by way of loan or equity, of fixed investments by parastatal organisations engaged in the production processing or marketing of coffee and coffee products;(b)financing, by way of loan or grant, research by or for the benefit of organisations engaged in the production, processing or marketing of coffee and coffee products;(c)financing, by way of loan or grant, training of citizens of the United Republic by or for the benefit of organisations engaged in the production, processing or marketing of coffee and coffee products. | The Coffee Authority of Tanzania. | One-tenth of the export tax levied on coffee. |
13. | Housing Fund | Financing, by way of loan or equity, to organisations or individuals for the construction of residential houses. | The Treasury. | Four percent of payroll levy. |
14. | Roads Fund | Financing, by way of loan or equity, for the construction, maintenance and repair of roads. | The Treasury | Five shillings and fifty cents per litre of petrol or diesel payable under the Road and Fuel Tolls Act16. |