Neco 2022 Government Question 3
Practice objective / multiple choice question 3 from the 2022 Neco Government examination.
An act passed on 1 January 2020 imposed a \(5\\%\) levy on all commercial transactions. An amendment enacted on 1 March 2021 introduced a provision that the levy would be suspended for any transaction occurring on a public holiday. The government declared a public holiday on 15 August 2021. Subsequently, a repeal act was passed on 1 December 2021 stating that the levy will be completely removed, but the repeal becomes effective only after a \(90\\)-day notice period. Determine the last calendar date on which the levy could legally be applied to a commercial transaction.
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About This Question
This is Neco 2022 Government Question 3. It is one of the objective questions from the 2022 Neco Government examination.
Difficulty level: Medium .
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