Income Tax (Foreign Organisations) (Exemption Approval) Order, 1987

1. This Order may be cited as the Income Ta.x (Foreign Organisations) (Exemption Approval) Order, 1987. Title-

2. With respect to the Agreement described in the Schedule hereto, NEC Corporation of Japan is hereby approvedJor the purpose of exemption from tax. Approval or forotgn orgaulsatfon

3. The income and emolwnents of the foreign organisation approved in paragraph 2 of this Order accruing under the Agreement described in the Schedule hereto shall be exempt from tax pursuant to sub-pargagraph (c) of paragraph 4 of Part II of the Second Schedule to the Act. Examp�lon from tax B. R. KAliWE, .Minister of Finance LUSAKA. 6th January, 1987 [MF.72/7/24] SCHEDULE (ParO{}raph 2) .AGRE}:MEN'l' 'l'ho Lolln Agroomont botwoon tho Govornmont of tho Ropubllc of Zu.mblo, and tho Overseas Economlo Co-oporo.tlon Fund of Jo.pan (o.s Lonc.lor) rolatlng to a mod.tum torm loan fo.oility for tho lmplomontation of the Mlorowavo Radio Relay Project of sovon bilUon forty-nlno million Japanese Yon, signed on 8th Decombor, HJ83. Copies of this Statutory Instrument can bo obtained from 111.6 Governmen� Prinlsr ' P.O. Box 30136, Lu.eaka. Price 20n cacli. Statutory lnstrurnenta 0th January, ,1987 9t4 January, 1987 ........:===::!C.!-=::..:.....--==::..'!...=::.:..::==--------- St,atutory Ins!ruments l'1 GOVERNMENT OF ZAMJ3IA STATUTORY !NSTRUJ\IENT No. 0 OF 1987 The Income Tax Act (Laws, Volume XIII, Cap. 668) The Income Tax (Foreign Organisations) (Exemption Approval) Order, 1987 IN EXEROISE of the powers contained in section fifteen of tho Income Tax Act, the following Order is hereby made: I. This Order may be cited as the Income Ta.x (Foreign Organisations) (Exemption Approval) Order, 1987. Tltlo

2. With respect to the Agreement described in the Schedule hereto, NEC Corporation of Japan is hereby approved for the purpose of exemption from tax. • Approval of foreign organisation

3. The income and emoluments of the foreign organisation approved in paragraph 2 of this Order accruing under the Agreement described in the Schedule hereto shall be exempt from tax pursuant to sub-pargagraph (e) of paragraph 4 of Part II of the Second Schedule to the Act. Exomp�Ion from ta.,: B. R. KABwE, .Minister of Fina nee LUSAKA 6th January, 1987 [MF. 72/7 /24] SOHEDULE (Paragrapl& 2) AGREEMENT 'l'lio Loan Agroomont botwoon tho Govornmont of tho Ropubllo of Zllmblu. and tho Ovoraoaa Eoonomlo Co-operation Fund of Japan (118 Landor) rolatlng to a modlum torm loan fa,cfllty for tho implomontatlon of tho Mlorowavo Radio Rolay Projoot of aovon billion forty-ntno million Japanoso Yon, stgnod on 8th Docombor, 1983. Copies of tM,s Stal'lUOMJ lnstromcnt can ba obtained from lh.o Gov6rnment Prlnkr, P.O. Box 30130, Lusaka, Price 20n' each. .1:s Statutory Instruments 9th January, ,1987