Zambia Statutory instrument

Zambia legislation

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

For the Agreement in the Schedule, Equator Bank Limited of the Bahama Islands is approved for tax exemption. The approved foreign organisation’s income and emoluments under the listed agreement are exempt from tax.

approvalcorporate tax exemptiontax exemption

Publicly available, excluded from search-engine indexing

This page remains available for direct research for the following reasons:

  • The record does not meet this release's canonical indexing criteria. (market-indexing-disabled)
  • The record does not meet this release's canonical indexing criteria. (emergency-noindex)

Professional statute overview

Enactment structure, operative effect and source provenance

Official source

01

Purpose and legislative effect

“For the Agreement in the Schedule, Equator Bank Limited of the Bahama Islands is approved for tax exemption.”

For the Agreement in the Schedule, Equator Bank Limited of the Bahama Islands is approved for tax exemption. The approved foreign organisation’s income and emoluments under the listed agreement are exempt from tax.

02

How the instrument operates

  1. 01

    Start with the recorded version

    Source version 12 Apr 1985. The date shown identifies this source expression and should not be treated as proof that no later change exists.

  2. 02

    Locate the controlling provision

    Use the provision map, part headings and full-text filter to move from the broad subject to the exact legal language.

  3. 03

    Read conditions and exceptions together

    Keep subsections, definitions, provisos and cross-references in context before drawing a legal conclusion.

  4. 04

    Verify currency and official wording

    Confirm later legislation, commencement notices and corrections with the official publisher before advice, filing or reliance.

03

Research entry points

Selected provisions across the instrument. Open any row to continue with the exact stored text.

04

Source and current-law status

Source record view

Source record from zambialii.org · Source version 12 Apr 1985

Verify current force

The source record does not state a definitive current-law status. Check the official publisher and later amendments before relying on this text.

Source-indexed provision map

Sections and provisions

Search by section, heading, part or exact legal wording. Every result remains linked to the stored source record.

Showing 2 of 2 provisions

Provision 2
§ 2With respect to the Agreement described in the ScheduleProvision

For the Agreement in the Schedule, Equator Bank Limited of the Bahama Islands is approved for tax exemption.

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.
§ 3The incomo and emoluments of the foreign organisationProvision

The approved foreign organisation’s income and emoluments under the listed agreement are exempt 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 • • •

Legislative relationships

1 referenced instrument

Names are derived from the stored provision headings and citation-enrichment layer. Treat this as a research index and verify each relationship against the source text.

N–S

1 instrument

  • Part II of the Second Schedule to the Act

    Section 3

Recorded versions and source checkpoint

1 version available in this collection

Current-law checkpoint
  • 12 Apr 1985 · currentEnglish

Source-linked research

Ask AI about this statute

The overview, provisions, and source records above are public. Continue in a separate conversation with this statute’s jurisdiction and source version attached.

About this LexChat collection

Statute information is organised from identified legislative sources for professional research. Corrections can be reported to hello@esheria.ai.