Income Tax (Agence Francaise De Development and PROPARCO) (Approval and Exemption) Order, 2016

1. This Order may be cited as the Income Tax (Agence Francaise De Development and PROPARCO) (Approval and Exemption) Order, 2016. Title

2. The Agence Francaise De Development and PROPARCO are approved organisations for the purposes of exemption from tax with respect to the Agreement specified in the Schedule.

3. The income earned, including interest, fees and commission, by the organisations approved in paragraph 2 and accruing under the Agreement specified in the Schedule, is exempt from tax pursuant to paragraph 5 (5) of Part III of the Second Schedule to the Act. Approval of international organisations Exemption from tax Copies of this Statutory Instrument can be obtained from the Government Printer, P.O. Box 30136, 10101, Lusaka, Price K4.00 each 380 Statutory Instruments 13th May, 2016 SCHEDULE (Paragraph 2) AGREEMENT Agreement between the Government of the Republic of Zambia and the Government of the French Republic with respect to the activities of Agence Française De Development and PROPARCO in Zambia. LUSAKA 9th May, 2016 [MF/IDM.6/16/38] A. B. CHIKWANDA, Minister of Finance