166 tal-1991
Statutory Text (1 Articles)
L. N. 166 or 1')9 1
INCOME TAX ACT
(CAP. 123)
Locallk. t lopmtnt Rrtl!;ltrtd Stock (Income Tu)
EJltmplion Order (No. 9). 199.
BY virtue of Ihe powers vested in him by subsection (3) o f section
1 J of tile Income Tu Act, Ihe Minister of Fillance has ordered that the
first Lm SO inTcreSt received annually by a person in hislher name in
respect of IlIe Fifth Issue of Lm2,OOO,OOO 7% Local Development
Regis tered Stock 2000/2001 as notified in Government Gu e\le No.
15.479 of 3rd September, 1991 (L.N . 131 of 1991) shall be exempt from
the payment of income lax . In the case of a married rouple . lhis
cKcmption shall be applicable also 10 Stock he ld in the: name of the wife .
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