Income tax (Amendment) (No. 2) Act, 2001

Income Tax (Amendmelll) [No. 8 of 2001 57 GOVERNMENT OF ZAMBIA ACT No. 8 of2001 Date of Assent: 8th November, 200 I An Act to amend the Income Tax Act. [9th November, 200 I ENACTED by the Parliament of Zambia. 1. {I) This Act may be cited as the Income tax (Amendment) (No. 2) Act, 2001, and shall be read as one with the Income Tax Act, in this Act referred to as the Principal Act. (2) This Act shall come into operation on such date as the Minister may, by Statutory Instrument, appoint. 2. The Principal Act is amended by the insertion after section ninety-two of the following new section: 92A. The Minister may, by Statutory Instrument, exempt from, or reduce the payment of corporate tax, income tax and withholding tax on dividends for investors in manufacturing, agriculture, commercial banking and insurance who operate in an area declared a tax free zone under the Customs and Excise Act to such an extent as may be specified in that statutory instrument. Enactment Title and commence­ ment Cap.323 Insertion of new section 92A Reduction in tax for tax free zones Single copies of this Act may be obtained from the Government Printer, P. 0. Box 30/36, 10101 Lusaka, Price K500 each