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As enacted
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Part II · Imposition of Share Transaction Levy

8. Share Transaction Levy to be collected by relevant stockbroker &c

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

The Share Transaction Levy so imposed shall be collected by the relevant stockbroker, stock dealer or custodian bank as the case may be, who is responsible for the settlement of such share transaction. The ShareTransaction

Levy so collected in terms of section 7 shall be paid to the stock exchange through which the share transaction took place, at the time of making settlement of such share transaction by the respective stockbroker, stock dealer or custodian bank, as the case may be. The Stock Exchange shall remit the levy so collected to the Commissioner-General within three working days from the date of such settlement.

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