Skip to content
srilawsby aturio
As enacted
Contents

Part II · Countervailing Duties

65. When may a subsidy be subject to a countervailing duty

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

Subject to the provisions of section 64 of this

Act, a subsidy may be subject to a countervailing duty, if it is —

(a)

a prohibited subsidy; or

(b)

an actionable subsidy.

(2)

A subsidy shall not be subject to a countervailing duty and be considered a non-actionable subsidy within the meaning of this Act, where the Director-General determines that, such subsidy is —

(a)

not specific within the meaning of section 66 of this Act; or

(b)

a subsidy referred to in the Third Schedule to this

Act.

(3)

A prohibited subsidy shall be deemed to be specific in terms of section 66 of this Act.

Read on from s 66

Part III

General

Read on from Part III

Schedules