Income Tax (Foreign Organisations) (Exemption Approval) (No. 10) Order, 1985

2. With respect to the Agreement described in the Schedule hereto, Equator Bank Limited of the Bahama Islands is hereby approved for the purpose of exemption from tax.

3. The incomo and emoluments of the foreign organisation approved in paragraph 2 of this Order a.ccruing under the Agreement described in the Schedule hereto, shall be exempt from tax pursuant to sub-paragraph (c) of paragraph 4 of Part II of the Second Schedule to the Act. Approval of foreign organisation Exomptioa from tnx LUSAKA 3rd April, 1985 [l\TF/L AND I/GU A.R.113/006] L. J. l\IWA)<ANSnTKtr, .Minister of Finance SCHEDULE (Paragraph 2) AGREEMENT The Agreement betweon Equator Dank Limited (as Lender) and Zambia Consolidated Coppor \Iines Limited (ns Borrower) for !\ loan of fifteen million United �t"\tlls dolltlrs (US $15,000,000) whioh is a.bout thirty.five million kwn.oha(K35,000,000) dated the 12th February, 19i5 • • Oopiea of thu Statutory lnatrumene can be obtained from ehe Government Printer, P.O. Bo:o 30136, Luaaka. Price 20n each. 134 Statutory Instruments 12th April, 1985 • • •