Stamps (Exemption from Stamp Duty) (Debenture by Bujagali Energy Limited) Instrument, 2007

SI Number: 
23
SI Date: 
22 June 2007
In force: 
Yes
AttachmentSize
Stamps (Exemption from Stamp Duty) (Debenture by Bujagali Energy Limited) Instrument, 2007.docx15.14 KB

STATUTORY INSTRUMENTS

SUPPLEMENT No. 13                                                                                  22nd June, 2007

STATUTORY INSTRUMENTS SUPPLEMENT

to The Uganda Gazette No. 31 Volume C dated 22nd June, 2007 Printed by UPPC, Entebbe, by Order of the Government.

STATUTORY INSTRUMENTS 2007 No. 23.

The Stamps (Exemption from Stamp Duty) (Debenture by Bujagali Energy Limited) Instrument, 2007.

(Under section 10(a) of the Stamps Act, Cap. 342).

In exercise of the powers conferred on the Minister responsible for finance by section 10(a) of the Stamps Act, this Instrument is made this 25th day of May, 2007.

  1. Title.

This Instrument may be cited as the Stamps (Exemption from Stamp Duty) (Debenture by Bujagali Energy Limited) Instrument, 2007.

  1. Exemption from stamp duty.

The stamp duty chargeable under the provisions of section 2 of the Act on the debenture dated 25th May, 2007 executed by Bujagali Energy Limited in favour of Uganda Electricity Transmission Company Limited as security for the fast track loan lent to Bujagali Energy Limited is exempted.

FRED JACHAN OMACH, Minister of State for Finance, Planning and Economic Development (General Duties) also holding the portfolio of Minister of Finance, Planning and Economic Development.