CHAPTER 338 - EQUITY LEVY ACT: SUBSIDIARY LEGISLATION
INDEX TO SUBSIDIARY LEGISLATION
[Section 4A]
Arrangement of Paragraphs
Paragraph
1. Title
2. Exemption of equity levy
3. Cessation of exemption
{mprestriction ids="2,3,5"}
[Order by the Minister]
SI 175 of 1986.
This Order may be cited as the Equity Levy (Exemption) Order.
In accordance with the terms of the agreement set out in the Schedule hereto, Kariba Amethyst Marketing Limited and Kariba Minerals Limited are exempt from payment of equity levy under the Act.
The exemption granted under paragraph 2 shall cease to have effect from the date on which Kariba Amethyst Marketing Limited and Kariba Minerals Limited repay to African Industrial Finance Corporation Limited all outstanding loans under the agreement set out in the Schedule hereto.
[Paragraphs 2 and 3]
AGREEMENT
The Participation Agreement dated the 3rd July, 1986, between the Government of the Republic of Zambia and African Industrial Finance Corporation Limited relating to loans agreed to be made by African Industrial Finance Finance Corporation Limited to Kariba Amethyst Marketing Limited and Kariba Minerals Limited.
[Section 4A]
Arrangement of Paragraphs
Paragraph
1. Title
2. Exemption from payment of tax
[Order by the Minister]
SI 14 of 1985.
This Order may be cited as the Equity Levy (Exemption) Order.
2. Exemption from payment of tax
Zambia Consolidated Copper Mines Limited shall be exempt from the payment of the equity levy under the Act.{/mprestriction}