By Melanie Aanyu,

President Yoweri Museveni has assented to eight bills that were passed by Parliament during its first session.
This was revealed by the Speaker of Parliament Anita Among yesterday (Wednesday).

According to Among, Museveni assented to the Stamp duty (Amendment) Act, 2022, the Income Tax (Amendment) Act, 2022, the Value Added Tax (Amendment) Act, 2022, the Tax Procedures Code (Amendment) Act, 2022, the Tax Appeals Tribunal (Amendment) Act, 2022, the Electricity (Amendment) Act,2022, the Appropriation Act,2022 and the Landlord and Tenant Act,2022.

Museveni recently said the Electricity(Amendment) Act , 2022 will spur economic growth through industrialization.

Museveni said as he met Chinese investors from the Mbale Industrial Park, that Power should go directly from generation to the consumer, especially the industrial consumer ,adding that he would talk to the speaker.

The investors were protesting their omission from the direct power consumption despite having a bigger industrial park than MMP Industrial Park in Buikwe district.

The Electricity Amendment bill was passed by Parliament in April 2022, to amend the Electricity Act, Cap. 145.

The bill also sets a prison sentence of 15 years or a fine of Shs1 bn or both for vandalism of electricity infrastructure and theft of power.