4. Amendment of section 9 of the principal enactment

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

Section 9 of the principal enactment as last amended by Act, No. 8 of 2012 is hereby further amended as follows:-

(1)

by the insertion immediately after paragraph (a) of that section, of the following new paragraph :-

“(aa)

the interest accruing to any person or partnership or other body of persons outside

Sri Lanka from investment made out of foreign currency brought in to Sri Lanka on or after April 1, 2012, in any security or bond issued by any person in Sri Lanka;”; and

(2)

by the addition immediately after paragraph (n) of that section, of the following new paragraph:-

“(o)

the interest or discount accruing or arising to any person from any investment made on or after January 1, 2013-

(i)

in any Corporate Debt Security, quoted in any Stock Exchange licensed by the

Securities and Exchange Commission;

and

(ii)

in any Municipal Bond issued by any

Municipal Council with the approval of the Secretary of the Ministry of

Finance.”.

Read on from s 5