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U.S. Code as of:
01/19/04
Section 1645. Remittance of duties, taxes, and fees to be collected in next fiscal year; authorization, prerequisites, amount, etc.
Beginning as soon as the government of the Virgin Islands enacts
legislation establishing a fiscal year commencing on October 1 and
ending on September 30, the Secretary of the Treasury, prior to the
commencement of any fiscal year, shall remit to the government of
the Virgin Islands the amount of duties, taxes, and fees which the
Governor of the Virgin Islands, with the concurrence of the
government comptroller of the Virgin Islands, has estimated will be
collected in or derived from the Virgin Islands under the Revised
Organic Act of the Virgin Islands [48 U.S.C. 1541 et seq.] during
the next fiscal year, except for those sums covered directly upon
collection into the treasury of the Virgin Islands. There shall be
deducted from or added to the amounts so remitted, as may be
appropriate, at the beginning of the fiscal year, the difference
between the amount of duties, taxes, and fees actually collected
during the prior fiscal year and the amount of such duties, taxes,
and fees as estimated and remitted at the beginning of that prior
fiscal year, including any deductions which may be required as a
result of the operation of sections 1574a to 1574d (!1) of this
title.
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