Inland Revenue (Amendment) Act 2023 · As enacted
11. Amendment of section 123 of the principal enactment
Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
Section 123 of the principal enactment is hereby amended by the addition immediately after subsection (7)
of that section, of the following new subsection: -
“(8) Notwithstanding anything to the contrary in any other written law –
the Registrar-General of the Registrar
General’s Department;
the Registrar-General of Companies;
the Commissioner-General of Motor
Traffic;
an officer of any other Government institution in charge of granting contracts for the supply of goods, works, or consulting and non-consulting services;
a financial institution;
a stock exchange; or
any other person or a Government institution as may be prescribed by regulations, shall provide on a regular basis in electronic format, such information including information on financial transactions, or access to such records that are in any of such person’s or institution’s custody, as may be prescribed, to the Commissioner-General.”.