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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 May 2003 - onwards
  Version 2 of 2    

21. Exemption of Bank from taxes.

Repealed from 1 May 2003

Notwithstanding any provision of the Tax Acts or the Capital Gains Tax Acts, profits, income and chargeable gains of the Bank shall be exempt from corporation tax, income tax and capital gains tax.

Comparing proposed amendment...