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On 24/05/2013, you requested for the version in force on 24/05/2013 incorporating all amendments published on or before 24/05/2013. The closest version currently available is that of 26/08/1988.
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Income of Academy to be exempt from tax, etc
23.  The Academy shall be deemed to be —
(a)
an institution specified in the First Schedule to, and under section 13(l)(e) of, the Income Tax Act (Cap. 134); and
(b)
an institution of a public character approved by the Minister for the purposes of section 37(2)(c) of the Income Tax Act.