Income Tax (Foreign Organisations) (Exemption Approval) Order, 1984

2. With respect to the Agroements described in the Schedule hereto, the undermentioned foreign organisations are hereby approved for the purpose of exemption from tax: (a) Creditawitalt Ba.nkverein; (b) Intercontinental Hotels Corporation; (c) Bechtel International Corporation; (d) William B. Tabler, A.rrhitects; (e) Walter N. Ballard Corporation. Approve.I of foreil{D orgnnis­ ations

3. The income of th1:> foreign organhmtions approved in paragraph 2 of this Order accruing to them under the re­ spective Agreements described in tho Schedule hereto, shall bo exempt from tax pursuant to sub-para.graph (c) of paragraph 4 of Part II of the Second Schedule to tho Act. Bxomptlon from t.a.x LUSAKA 27th Ma.rch, 1084 [Mll'. l04/70/8] L. J. MWANA'<SIDK.U, .Minister of Finance sr:nEDlTLE (Paragrapl• 2) AaRJt&r.r&NTS l. Invootmont Agroomont botwoon Inl-0rmit,ion11,l Tfinanco Corporn.tion and Z11,mbia Uot-01 Proport.ios Limited providio� for an • A' Loan of U.S. $7,500,000 (seven million, fivo hlll\dred thousnnd Unitod St.oto!I Dollars) whioh iii about K0,036,000 (niuo milhon and thirty-six thou.sand Kwo.cl�) from International Fin&noo Corporation and e. 'B' Loan of U.S. $10,319,000 (ten million, three hundred and ninoteon thousand Unitod $to.I.es Dollars) which is about Kl2,432,000 (twelve million, four hundred aod thirty-two thousaod Kwaoho.) Crom fund8 provided by Croditaustalt Bankvoroin. Oopiu of thil Stalul!>nf lrwtrurnsnl ca1' be r,�t<ii1•edfrom th, Gaucmm5nt Printer, P.O. B� 30136, Lr.uaka. Priu 2011 ,ach. 154 Statutory lnstrum,ents 30th March, 1984

2. Toohniool Sorvicoa Agroornont botwoon Zambia Howl Proportioa Limited Md Intorcontinontal Hot.cls Corporot.ion concerning tho extonsion and re. habtlitatiou of tho Hotel Inter-Contioontal, Lusaka.

3. M'nnogemont &,rvices A8J'OOmont botwoon Intoroontinental Hot.els Corporation and .Boohtel International Corporation concerning the oxt.ension and rehabilitation of the Hotel Int.er-Continental, Lu11aka.

4. Architectural Services Agreement between Zambia Hotel Properties Limited and William B. Tabler, Architects, concerning the oxt-0nsion and rohobilitotion of the Hot-el Inw-Continontal, Lusaka.

5. Interior Doeign Services Agreement between Zllmbia Hotel Properties Limited o.nd ,votter M. Ballard Corporation oonoorrung tho oxtension and rohabilitntion of the Rote! Inter-Contmont.a.l, Lusaka.