13. New sections 79A and 79B After section 79 of the principal Act the following sections are inserted—
"79A. Interest income The first $250 of interest income derived by an individual (other than an unmarried minor) on savings in a bank in Kiribati shall be exempt from income tax.
79B. Alimony Alimony shall be exempt from income tax."
14. Repeal and replacement of section 87 Section 87 of the principal Act is repealed and the following section substituted—
"87. Foreign employment income of residents Income from any employment exercised in any country other than Kiribati by a resident shall be exempt from income tax other than—
(a) income derived by a resident for services rendered outside Kiribati to the extent that the resident is not taxed on the income by another country; or
(b) income derived by a diplomatic, consular or similar official representing the Republic who is a citizen of Kiribati."