Skip to document content Go to main menu Go to search

The Income Tax Act — Exemption

Legal Notice 82 of 1997

This is the latest version of this Legal Notice.
The Income Tax Act — Exemption
Citation
Legal Notice 82 of 1997
Primary work
Income Tax Act
Date
Language
English
Type
Legal Notice
Original enactment
Download original enactment (PDF) (2.6 MB)
Related documents
Skip to document content
LAWS OF KENYA

INCOME TAX ACT

THE INCOME TAX ACT — EXEMPTION

LEGAL NOTICE 82 OF 1997

  • Published in Kenya Gazette Vol. XCIX—No. 31 on 13 June 1997
  • Commenced on 13 June 1997
  1. [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]
The Cabinet secretary responsible for Finance exempts from income tax the lump sum payments received by employees of the National Cereals and Produce Board who opt for voluntary early retirement prior to the 31st December, 1998, under the second phase of the Structural Adjustment Programme approved by the Government on the 7th April, 1997:Provided that—
(a)an employee who opts for early retirement shall not be eligible for employment with the National Cereals and Produce Board in any capacity or under any terms whatsover before the expiry of three years from the date on which he left service of the National Cereals and Produce Board under the Structural Adjustment Programme; and
(b)the National Cereals and Produce Board shall, in addition to complying with any procedures that the Commissioner of Income Tax may require, furnish the Commissioner in respect of each retiring employee, with the name, date of retirement from the service of the National Cereals and Produce Board, the amount paid and a copy of the agreement with the employee duly signed by the employee.
This exemption shall be deemed to have come into force on the 1st July, 1996.
▲ To the top

History of this document

31 December 2022 this version
13 June 1997
Commenced
Read this version