Section 15: Incentives for investors.

The Bank shall give the following incentives to investors, that is-(a) interest or yield on dividends earned by individuals and corporate bodies in respect of deposits, bonds or other investments made in an instrument of the Bank shall be exempt from taxation at a rate of up to 200 per cent;
(b) parents who participate in the Education Endowment Fund Scheme of the Bank for their children and wards shall be entitled to claim tax deductions at the rate of 200 per cent for the total annual instalmental payment made;
(c) companies whose Pensions Fund Schemes are managed by the Bank shall be entitled to tax credits based on the annual increase in the market value of the fund; and
(d) financial charges, including commission on turnover, interest on overdraft, letter of credit commission charged by the Bank shall be tax deductible at the rate of 200 per cent.