Date of promulgation:
2005 No. 66.
THE STAMPS (EXEMPTION FROM STAMP DUTY) (MORTGAGE BY OSCAR INDUSTRIES LIMITED) INSTRUMENT, 2005.
ARRANGEMENT OF RULES
- Exemption of stamp duty.
2005 No. 66. The Stamps (Exemption from Stamp Duty) (Mortgage by Oscar Industries
Limited) Instrument, 2005.
(Under section 10 of the Stamps Act, Cap. 342).
In exercise of the powers conferred on the Minister responsible for finance by section 10 of the Stamps Act, this Instrument is made this 12th day of May, 2005.
This Instrument may be cited as the Stamps (Exemption from Stamp Duty) (Mortgage by Oscar Industries Limited) Instrument, 2005.
- Exemption of stamp duty
The stamp duty chargeable under section 2 of the Act and payable by Oscar Industries Limited on the registration of the mortgage on Plot M244 Ntinda Industrial Area, Plot M486, Kinawataka Road and its production line machinery in favour of Development Finance company of Uganda Ltd, is exempted.
Minister of State for Finance, Planning and Economic Development (General Duties) also holding the portfolio of Minister of Finance, Planning and Economic Development.