STATUTORY INSTRUMENTS

SUPPLEMENT No. 27                                                                        28th September, 2007

STATUTORY INSTRUMENTS SUPPLEMENT

to The Uganda Gazette No. 54 Volume C dated 28th September, 2007 Printed by UPPC, Entebbe, by Order of the Government.

STATUTORY INSTRUMENTS 2007 No. 48.

The Stamps (Exemption from Stamp Duty) (Further Charge by Quality Chemical Industries Ltd) Instrument, 2007.

(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 25th day of September, 2007.

1. Title.

This Instrument may be cited as the Stamps (Exemption from Stamp Duty) (Further Charge by Quality Chemical Industries Ltd) Instrument, 2007.

2. Exemption from stamp duty.

The stamp duty chargeable under section 2 of the Stamps Act and payable by Quality Chemical Industries Ltd. in respect of a further charge over property comprised in LRV 3484, Folio 8, Plots 1-7, First Ring Road; Plots 4-8 Second Ring Road; 10 Third Ring Road, Plots 2-6 Second Link Road; Plots 9-11 First Ring Road; 1 First Link Road and 10 Second Ring Road at Luzira as a security for a loan of US$ 4,000,000 from Barclays Bank of Uganda Limited is exempted.

DR. E. SURUMA,

Minister of Finance, Planning and Economic Development.