Income Tax (Exemptions) Proclamations – Section 25Editor's note: This Proclamation was continued under the Income Tax Act, 1965. That Act was repealed and replaced by the Income Tax Act. However, the Proclamation continues in force under section 153. (Statutory Instruments 5/1924 and 93/1941)
Statutory Instrument 5/1924 and 93/1941
It is hereby declared that the interest payable on all loans charged on the Public Revenue of Saint Lucia or on the revenue of any local authority to persons not resident in Saint Lucia is exempted from income tax as from 1 January 1924.
It is hereby declared that the interest payable on any Saint Lucia Savings Certificates issued by the Government of Saint Lucia is exempted from income tax.