In .. eslmeat Finance Ballk Limited 0 _ Tax) Exemptloa ~, 1992

L.N. III or 1992

INCOME TAX ACT

(CAP. 12])

In .. eslmeat Finance Ballk Limited 0 _ Tax) Exemptloa ~, 1992

IN exercise of the powers vested in him by section 11(2) of the

Income Tax Ad . the Minister o f Finance has ordered that the

Investment Finance Bank Limited lhall be ucmpt from the p~OIlll

of sedion 32(6) of the said Act insofar as the Bank shouLd , but for the

effe<:ts of Ill<: Minister', orde r, deduct tllX al soun::e ... pon payment of

in terest 10 the holders of the 6% Unserured Invest ment finance Bank

Bonds, 1997. Nothing oonlained in the order i. 10 be tonslrued as

exempting such interest from tax in the hands of the recipients.

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