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The Income Tax Act - Exemption

Legal Notice 193 of 1987

This is the latest version of this Legal Notice.
The Income Tax Act - Exemption
Citation
Legal Notice 193 of 1987
Primary work
Income Tax Act
Date
Language
English
Type
Legal Notice
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LAWS OF KENYA

INCOME TAX ACT

THE INCOME TAX ACT - EXEMPTION

LEGAL NOTICE 193 OF 1987

  • Published in Kenya Gazette Vol. LXXXIX—No. 29 on 17 July 1987
  • Commenced on 17 July 1987
  1. [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]
The Cabinet Secretary responsible for Finance exempts all payments to be made under the agreements, guarantees and the promissory notes specified in the Schedule hereto from deduction of withholding tax.

SCHEDULE

1.The loan agreement dated the 1st May, 1987 entered into between the Kenya Railways Corporation established under the Kenya Railways Corporation Act as borrower and the Banque Indosuez acting through its New York Branch of 1230 Avenue of the Americas, New York, New York 10020 as lender.
2.The promissory notes made by the Kenya Railways Corporation and guaranteed by the Government of Kenya in favour of the Banque Indosuez, New York Brank, in respect of the loan agreement dated 1st May, 1987 entered into between the Kenya Railways Corporation and the Banque Indosuez, New York Branch and exhibited to that loan agreement.
3.The guarantee made by the Government of Kenya in favour of the Banque Indosuez, New York Branch in respect of the loan agreement dated 1st May, 1987 entered into between the Kenya Railways Corporation and the Banque Indosuez, New York Branch and exhibited to that loan agreement.
4.The credit agreement dated the 29th May, 1987 entered into between the Kenya Railways Corporation established under the Kenya Railways Corporation Act as borrower and the Export Import Bank of the United States of 811 Vermont Avenue, N.W. Washington D.C.20571, U.S.A., as lender.
5.The promissory notes made by the Kenya Railways Corporation and guaranteed by the Government of Kenya in favour of the Export Import Bank of the United States, in respect of the credit agreement dated 29th May, 1987 entered into between the Kenya Railways Corporation and the Export Import Bank of the United States, and exhibited to that credit agreement.
6.The guarantee made by the Government of Kenya in favour of the Export Import Bank of the United States in respect of the loan agreement dated 29th May, 1987 entered into between the Kenya Railways Corporation and the Export Import Bank of the United States, and exhibited to that credit agreement.
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History of this document

31 December 2022 this version
17 July 1987
Published in Kenya Gazette 29
Commenced
Read this version