Income Tax (Foreign Organisations) (Exemption Approval) (No. 3) Order, 1985

2. With respect to the Agreement described in the Schedule hereto, Citicorp International Bank Limited and all other Banks named therein as signatories to such Agreement are hereby approved for the purpose of exemption from tax. Approval of foreign organisa­ tions

3. The income and emoluments of the foreign organisations Eioemptioa approved in paragraph 2 of this Order accruing under the frem tax 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. LUSAKA 24th January, 1985 [SF.331] L. J. MWANANSHIKU, Minister of Finance SCHEDULE (Paragraphs 2 and 3) AGRBBMBNT The Supplemental Agreement dated the 4th January, 1985, relating to a $57,000,000 Loan Agreement dated 9th December, 1978, made between the Republic of Zambia (as Borrower) and Citicorp International Bank Limited (as Agent) and other Banlcs (as Lenders) which are signatories to the Agreement. Oopiee of this Stat.utonJ I nstrumene can be obtained from the-�Governmen, Printer ' P.O. Box 30136, Lusaka. Price 20n. eacli.