7. Amendment of section 86 of the principal enactment

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

Section 86 of the principal enactment is hereby amended by the addition immediately after subsection (6)

of that section, of the following new subsections: -

“(7) The Commissioner-General may specify the procedure of withholding the tax from any payment made to a non-resident person under this Division.

Every withholding agent and financial institution shall comply with such procedure.

(8)

Every withholding agent who has deducted

Advance Income Tax under the provisions of section 84A shall file with the Commissioner-General a quarterly statement as specified by the Commissioner-General, within thirty days after the end of each quarter, ending on the thirtieth day of June, thirtieth day of

September and thirty first day of December.”.

Read on from s 8