165 tal-1991
Statutory Text (1 Articles)
I..N. 165 of 199 1
INCOME TAX ACT
(CAP. 123)
Local Dev~lopmenl Registrred Stock (Income Tu)
Exemption Ord~r (No. 8). 1991
BY vi rtue of t he powe rs vested in him by $ubsectioo (3) of .s«tio n
I t of the Income Tax Act, the Minister o f Fina nce has ordered that the
first Lm50 in terest received an nually by a pc ~n in hislhe r namc in
respect o f t he Conversion of the LmJ ,OOO,(XXI 6VZ% Local
Dc:vd opmenl Registe red Stock 1991 as not ified in Governme nt Gueu e
No . 15,468 o f 16t h August , 1991 (L.N , 127 of 1991) shall be u empl
from t he paym ent of income tax . In the case of a ma rried couple . Ib is
exem plion shall be app licable also to Stock he ld in t he name Of lhc wife .
1'Mt"" 01 Pm> ' .10-_ 11>« « .. ,Ill«
_ .010: . ' M'" ,./y,.-ujoN
I:~
~ &y .
fhpo.-."
v
101"""'" ft.lltMnpni", taI.a.a. _ f'riIwtI .. . . Gowt_",