EQUITY LEVY ACT: INDEX TO SUBSIDIARY LEGISLATION
Equity Levy (Exemption) Order, 1985
Equity Levy (Exemption) Order, 1986
EQUITY LEVY (EXEMPTION) ORDER, 1985
[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.
EQUITY LEVY (EXEMPTION) ORDER, 1986
[Section 4A]
Arrangement of Paragraphs
Paragraph
1. Title
2. Exemption of equity levy
3. Cessation of exemption
[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.
SCHEDULE
[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 Corporation Limited to Kariba Amethyst Marketing Limited and Kariba Minerals Limited.