32. Exemption of Authority from payments of duties etc.

The Minister shall with the concurrence of the

Minister in charge of the subject of Finance, in order to provide policy and institutional support to encourage, promote and facilitate enterprise development with special emphasis to small and medium enterpise sector in the country, exempt the Authority from the payment of any duties and levies and of any tax on the income or profits of the Authority to such extent as is permitted in terms of the Inland Revenue

Act, No. 10 of 2006 or in terms of any other written law for the time being in force governing the imposition of such duty, levy or tax as the case may be.