Last year Philip Morris International derived about 14 percent of its annual revenue from reduced-risk products such as IQOS.
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[12] [13] The Smokefree Environments and Regulated Products (Smoked Tobacco) Amendment Act 2022 was passed on 13 December 2022, banning the sale of tobacco to anyone born after 1 January 2009 and reducing the number of retailers allowed to sell tobacco products [14] [15] On 27 November 2023, the incoming National-led coalition government announced it would repeal the Smokefree Environments Amendment Act, in part to fund its promised tax cuts
the following are some of the specifications of the legislations: Prohibit the sale of tobacco using self service Establish the minimal age of selling cigarette (the age was set at 18 years) Required that all consumers should get identification document to people expected t be of less than 27 years In 2009 alone, there was none underage legislations that were made to prohibit the sale of tobacco products to underage and prohibit the use of tobacco in public places
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