The Income Tax Act - Exemption

Legal Notice 99 of 1991

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The Income Tax Act - Exemption
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LAWS OF KENYA

INCOME TAX ACT

THE INCOME TAX ACT - EXEMPTION

LEGAL NOTICE 99 OF 1991

  • Published in Kenya Gazette Vol. XCIII—No. 12 on 22 March 1991
  • Commenced on 22 March 1991
  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 made under the loan and guarantee agreements specified in the Schedule hereto shall be exempt from the provisions of the Act.

SCHEDULE

1. The Loan Agreement No. EDC 880-KEN-4209 dated 12th December, 1990 for US dollars twenty-three million five hundred thousand (US$ 23,500,000) between the Kenya Posts and Telecommunications Corporation as borrower and Export Development Corporation of Canada as lender.2. The Guarantee Agreement dated 12th December, 1990 for the EDC loan No. 880-KEN-4209 between Government of the Republic of Kenya as guarantor and Export Development Corporation of Canada.
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31 December 2022 this version