Interest is defined by the Oxford Dictionary as money paid regularly at a particular rate for the use of money lent or for delaying the repayment of a debt.
Stamp duty is charged in accordance with Section 3 of the Stamp Duty Act on a range of written or electronic instruments within and outside Uganda.
The Law Revision (Miscellaneous Amendments) Act 2023 which was assented to by the President on 10th May 2023 is a crucial learning point in Uganda’s legal landscape.
