Skip to document content Go to main menu Go to search

The Income Tax Act - Exemption

Legal Notice 58 of 2002

This is the latest version of this Legal Notice.
The Income Tax Act - Exemption
Citation
Legal Notice 58 of 2002
Primary work
Income Tax Act
Date
31 December 2022
Language
English
Type
Legal Notice
Original enactment
Download original enactment (PDF) (4.9 MB)
Related documents
Skip to document content
LAWS OF KENYA

INCOME TAX ACT

THE INCOME TAX ACT - EXEMPTION

LEGAL NOTICE 58 OF 2002

  • Published in Kenya Gazette Vol. CIV—No. 28 on 3 May 2002
  • Commenced on 26 April 2002
  1. [Revised by 24th Annual Supplement (Legal Notice 221 of 2023) on 31 December 2022]
The Cabinet Secretary for Finance exempts from income tax, the lump sum payments received by employees of the National Cereals and Produce Board, who opted for voluntary early retirement prior to 30th June, 2002, under the Sector Reform Programme approved by the Government on 5th December, 2001.Provided that—
(a)an employee who opts for early retirement shall not be eligible for re-employment with the National Cereals and Produce Board in any capacity or under any terms whatsoever before the expiry of three (3) years from the date of such retirement;
(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, the date of retirement from the service of the National Cereals and Produce Board, the personal identification number, the amount paid and a copy of the agreement with the employee duly signed by the employee.
▲ To the top

History of this document

31 December 2022 this version
03 May 2002
26 April 2002
Commenced