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Nigeria Tax Act 2025 · Chapter 9

Section 197Revocation and consequential amendment of subsidiary legislation

(1)
The following Orders are revoked —
(a)
the Value Added Tax Act (Modification) Order 2021 ;
(b)
Oil and Gas Companies (Tax Incentives, Exemptions, Remissions, etc.) Order, S.I No. 21, 2024 ; and
(c)
Oil and Gas Companies (Tax Incentives, Exemptions, Remissions, etc.) Order, S.I No. 1, 2024 ;
(d)
the Companies Income Tax (Significant Economic Presence) Order, 2020 is amended by deleting paragraph 2 ; and
(e)
the Petroleum (Drilling and Production) Regulations, 1969 is amended by deleting regulations 60B, 60C, 61(1), (2), (4), and 62.
Cite as: Nigeria Tax Act 2025, section 197

Source: Nigeria Tax Act, 2025 (Act No. 7 of 2025), Official Gazette No. 117, Lagos, 26 June 2025. General information, not legal advice.