Colombo Port City Economic Commission Act 2021 · As enacted · Part VI
Section 40
Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
A citizen or a resident of Sri Lanka may utilise facilities or services within the Area of Authority of the Colombo Port City
A citizen of Sri Lanka or a resident may utilise any retail facilities or services within the Area of Authority of the Colombo Port City at restaurants, cinemas, entertainment facilities, shopping facilities or parking facilities, upon making related payments in Sri Lanka
Rupees.
Any levy as may be required to be paid by a citizen of
Sri Lanka or a resident on goods purchased at retail facilities as set out in subsection (1), to be taken out of the Area of
Authority of the Colombo Port City, shall be as prescribed.
The amount received by any authorised person when a citizen of Sri Lanka or a resident utilises any retail facilities or services as set out in subsection (1), may be converted by such authorised person into any designated foreign currency in such manner and subject to such conditions as shall be prescribed.
Part VII
Offshore Companies to Operate Within the Area of Authority of the Colombo Port City
Part VIII
Offshore Banking Business in and from the Area of Authority of the Colombo Port City
Part IX
Determination and Grant of Exemptions or Incentives for the Promotion of Businesses of Strategic Importance
Part X
Applicability of the Condominium Management Authority Law and the Apartment Ownership Law
Part XI
Applicability of the Securities and Exchange Commission Act
Part XII
Estate Manager and Provision of General Services
Part XIII
International Commercial Dispute Resolution Centre
Part XIV
Priority in Hearing Legal Proceedings
Part XV
Interim Provisions and Investment Protection
Part XVI