The Income Tax Act - Exemption

Legal Notice 270 of 1987

This is the latest version of this Legal Notice.
Citation
Legal Notice 270 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 270 OF 1987

  • Published in Kenya Gazette Vol. LXXXIX—No. 41 on 9 October 1987
  • Commenced on 9 October 1987
  1. [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]
The Cabinet Secretary responsible for Finance directs that all payments of interest payable on the loan under the loan agreement specified in the Schedule hereto shall be exempt from tax.

SCHEDULE

The loan agreement dated 4th September, 1987, for eleven million five hundred and thirty-eight thousand one hundred and four French Francs (FRF 11,538,104) between the Government of Kenya as the borrower and 'the following syndicate of lenders:
1.Banque Indosuez, whose registered office is 96, Boulevard Haussmann 75008 Paris (France).
2.Banque Paribas. whose registered office is 3, Rue d'Antin 750(12 Paris (France).
3.Banque Nationale De Paris, whose registered office is 16, Boule yard des haliens 75002 Paris (France).
4.Societe Generate, whose registered office is 29, Boulevard Hausmann 75009 Paris (France).
5.Credit Lyonnais, whose central office is 19, Boulevard des Italiens 75002 Paris (France).
6.Banque Internationale Pour rAfique Occidentale, whose registered office is 9, Avenue de Messine 75008 Paris (France).
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History of this document

31 December 2022 this version
09 October 1987
Published in Kenya Gazette 41
Commenced
Read this version