Export duty on coconuts

(1) There shall be levied, collected and paid into the Consolidated Revenue Fund an export duty on all coconuts exported from and which are the produce of Belize. (2) Such export duty shall be charged and assessed at the rate of eight per centum of the value of the coconuts to be exported. (3) The value of the coconuts shall be assessed by the Comptroller in such manner as the Minister may, by regulation, prescribe from time to time. (4) The duty shall be paid by the exporter to the Comptroller at the time of the exportation.