Section 18: Obligations of registered investor A registered

investor shall (a) observe and adhere to the laws of Uganda; (b) implement the proposal in accordance with the business plan submitted in the application for an investment licence; (c) properly keep financial and accounting records of the investment and submit a copy of a certified financial report to the Board within three months following the preceding financial year; (d) keep data relating to operations of the investment enterprise for a period of seven years; (e) respond in a period prescribed by written notice to any query from the Board in connection with operations of investment enterprise; (f) periodically avail the books of accounts to the body responsible for taxation; (g) register with the tax administration and file timely tax returns even in case of entitlement to tax exemption; and (h) permit the Authority or its employees or agents reasonable access to monitor the operations of the business enterprise.