Section 3A: Interest derived by individuals and
This section is inserted by Act No 10 of 2017, section 26.
consolidated text (as at 2017, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
3A. Interest derived by individuals and
companies from debentures or bonds issued by
a company to finance renewable energy projects,
the issue of which has been approved by the
Director-General on such terms and conditions
as he may determine.
(ii) in Sub-part C –
(A) in item 16, by inserting, after the word “society”,
the words “whose members are”;
(B) by inserting, after item 25, the following new item –
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Questions this section answers
- Is interest I earn from bonds financing an approved renewable energy project exempt from income tax?