Legislation to regulate customs and excise could be introduced this week

The Mount Vema customs and excise bill was submitted today to the Sovereign, His Mount Vema Majesty King Peter Goldishman for approval, to regulate the collection and management of the revenues of customs and excise of Vema Seamount.
 
If Peter Goldishman grants the Mount Vema Royal Seal of Approval, the bill, will become the customs and excise law of the territory, and will deal with areas of floating or reclaimed land or water designed, equipped, set apart for affording facilities for the landing and departure of ships and aircraft.
 
It will also deal with boarding stations, Mount Vema ships within the meaning of the Merchant Marine and Shipping Act, Mount Vema 2017; restricted goods, excise licence trade, export and imports, and including transit or transhipment - in relation to the entry of goods transiting through the Kingdom of Mount Vema or transhipment with a view to the re-exportation of the goods in question or transhipment of goods for use as stores.