Income Tax (Amendment) (No. 2) Act, 2009

2. Section eighty-one B of the principal Act is amended in subsection (7) by the deletion of the definition of"mining licence" and the substitution therefor of the following new definition: Amendment of section ·sm " mining licence" means a small scale or large scale gemstone licence, or a small scale or large scale mining licence.

3. The principal Act is amended by the deletion of the words General "charities," "charitable institution" and "charitable institutions" wherever they appear, and the substitution therefor of the words "public benefit organisation". amendment

4. The First Schedule to the principal Act is amended in paragraph 9 by the deletion of the words " eighty two " and the substitution therefor of the words " one hundred and twenty two Amendment of First Schedule Copies of this Act can be obtainedfrom the Government Printer, P.O. Box 30/36. JOJO/ Lusaka. Price KZ,000 each. 400 No. 27 of 2009] The Income Tax (Amendment No. 2) Amendment of Charging Schedule

5. The Charging Schedule to the principal Act is amended (a) in clause (b) of subparagraph (1) of paragraph 1, by the deletion of the words "nine hundred thousand kwacha" and the substitution therefor of the words "one million nine hundred and twenty thousand kwacha"; (b) in clause (c) of subparagraph (]) of paragraph 2, by the deletion of the words "eight million, four hundred thousand kwacha" and the substitution therefor of the words "nine million, six hundred thousand kwacha"; (c) in clause (d) of subparagraph (1) paragraph 2, by the deletion of the words "eight million, four hundred· thousand kwacha" and the sustitution therefor of the words "nine million, six hundred thousand kwacha"; and (d) in paragraph 3, by the deletion of clause (j) and the substitution therefor of the following new clause: (t)the rate of tax for income received by any public benefit organisation referred to in paragraph 6 of the Second Schedule shall be fifteen per centum.