Finance Act 2004 · As enacted · Part III · Imposition of International Telecommunications Operators Levy
21. Imposition of International Telecommuni-cations Operators Levy
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
An International Telecommunications Operators
Levy (hereinafter to as “the operator’s levy”) shall be charged and levied in respect of the whole number of minutes of incoming and outgoing international calls during each calendar month from every person who obtains a license for carrying out operations (hereinafter referred to as “the licensee”) from the Commission in the manner provided for in this section :
Provided that for the purposes of this section, “International
Telecommunication Operators” shall mean any operator licensed under section 17 of the Sri Lanka
Telecommunications Act, No. 25 of 1991 to provide international telecommunication services :
Provided further, the operators levy payable for the period commencing on March 3, 2003 shall, until regulations made under section 26 come into operation, be calculated—
at the rate of United States Dollar cents eleven per minute, for the duration of the incoming international call and at the rate of Sri Lanka rupees four and cents forty per minute for the duration of the outgoing international call, during the period commencing March 3, 2003 and ending on March 31, 2004 ; and
at the rate of United States Dollar cents nine per minute, for the duration of the incoming international call and at the rate of Sri Lanka rupees three and cents ninety per minute for the duration of the outgoing international call, during the second year commencing on April 1, 2004.
Where any payment is to be converted from United
States Dollars to Sri Lankan rupees for the purpose of effecting payment, the selling rate of exchange as fixed by the Central
Bank of Sri Lanka for the day previous to the day on which payment is made, which rate is available on the website of the Central Bank of Sri Lanka shall be used. In the event that payments are made in respect of previous periods, the average for the period of the selling rate shall be used.
Part IV