Date of promulgation:
SUPPLEMENT No. 24 10th September, 2007
STATUTORY INSTRUMENTS SUPPLEMENT
to The Uganda Gazette No. 49 Volume C dated 10th September, 2007 Printed by UPPC, Entebbe, by Order of the Government.
STATUTORY INSTRUMENTS 2007 No. 41.
The Stamps (Exemption from Stamp Duty) (Instruments Executed by AYA Investments (U) Limited) 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 10th day of September, 2007.
This Instrument may be cited as the Stamps (Exemption from Stamp Duty) (Instruments Executed by AYA Investments (U) Limited) Instrument, 2007.
- Exemption from stamp duty.
The stamp duty chargeable under section 2 of the Stamps Act and payable by AYA Investments (U) Ltd in respect of the instruments specified in the Schedule, is exempted.
- Debenture on all the moveable property, and the undertaking of the Borrower whatsoever and wheresoever, both present and future, including its uncalled capital, as security for a loan of USD 41,500,000.00 from the Industrial Development Corporation of South Africa Limited.
- Mortgage on registration of Vol. 3556, Folio 8, Plot 7A, 9A, 10, M32, M182 and 2E Lugard Road in favour of the Industrial Corporation of South Africa Ltd.
DR. E. SURUMA,
Minister of Finance, Planning and Economic Development.