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Zambia legislation

Bank of Zambia (Amendment) Act, 1998

The Bank of Zambia is exempt from paying Income Tax Act taxes on specified profits, operations, capital, property, documents, and related transactions.

income tax exemption
Jurisdiction
Zambia
Structure
1 provisions
Citation
Act 4 of 1998
Dates
As at 24 Apr 1998
More statute details
Dates
As at 24 Apr 1998

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“The Bank of Zambia is exempt from paying Income Tax Act taxes on specified profits, operations, capital, property, documents, and related transactions.”

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The Bank of Zambia is exempt from paying Income Tax Act taxes on specified profits, operations, capital, property, documents, and related transactions.

Section document

04

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Source record from zambialii.org · As at 24 Apr 1998

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Short title
§ documentDocument textShort title

The Bank of Zambia is exempt from paying Income Tax Act taxes on specified profits, operations, capital, property, documents, and related transactions.

Sul!,plement to the Republic e[Zambia Government Gazette dated the 24th April, 1998 37 [No. 4 of 1998 GOVERNMENT OF ZAMBIA ACT No.4 of1998 Date of Assent: 21st April, 1998 An Act to amend the Bank.of Zambia Act [24th April, 1998 ENACTED by the Parliament of Zambia. 1. (1) This Act may be cited as the Bank of Zambia (Amend­ ment) Act, 1998, and shall be read as one with the Bank of Zambia Act, in this Act referred to as the principal Act. (2) This Act shall be deemed to have come into operation on the 31st January, 1998. 2. The principal Act is amended by the repeal of sectionftfty­ six and the substitution thereof of the following: 56. The Bank shall be exempt from the payment of any taxes levied under the Income Tax Act in respect of its profits, operations, capital, property or documents or any transaction, deed, agreement or promissory note to which it is a party. Enactment Short title and commence­ ment ActNo.43 of 1996 Repeal and replacement of section 56 Exemption from income tax Cap. 323 Single copies of this Act may be obtainedfrom the Government Printer, P.O. Box 30136, 10101 Lusaka. Price K500.00 each.
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1 referenced instrument

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  • Zambia is exempt from paying Income Tax Act

    Section document

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  • 24 Apr 1998 · currentEnglish

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