Inland Revenue (Amendment) Act 2005 · As enacted
5. Amendment to section 9 of the principal enactment
Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk
Official translationFrom Department of Government Printing, unchanged
Section 9 of the principal enactment as last amended by Act, No. 37 of 2003, is hereby further amended in subsection (1) of that section, as follows :—
in paragraph (b) of that subsection, by the substitution for the words “the official emoluments paid to-” of the words and figures “the official emoluments for any year of assessment commencing on or before April 1, 2005, paid to-” ;
by the insertion, immediately after paragraph (b), of that subsection, of the following new paragraph :-
“(bb)
one half of the official emoluments for any year of assessment commencing on or after
April 1, 2005, paid to —
any individual who holds any paid office under the Republic, out of the
Consolidated Fund ;
any employee of any public corporation, being a public corporation which pays such emoluments or such pension or such profits, from emoluments wholly or partly out of the sums voted annually by Parliament to such corporation from the
Consolidated Fund ;
the Governor of any Province appointed under the Article 154B of the Constitution ;
any member of any Provincial Council ;
any employee of any Provincial
Council or to any officer of any
Provincial Public Service ;
any member of any local authority ;
any employee of any local authority ;
any employee of any University which is established or deemed to be established by the Universities Act, No.
16 of 1978 ;
any employee of the Institute of Policy
Studies of Sri Lanka, established by the
Institute of Policy Studies of Sri Lanka
Act, No. 53 of 1988 ;
a member or employee of any board or commission of inquiry established by or under any law being a board or commission, all the members of which are appointed by the President or by a
Minister, and any such pension or any profit from employment referred to in paragraph (c) of subsection (1) of section 4 as are received by any individual in respect of past services performed by such individual or by any other person whether before or after the commencement of this Act, as an individual, an employee, the Governor or a member as referred to in items (i), (ii), (iii), (iv), (v), (vi), (vii), (viii) or (ix) ;” ;
in paragraph (p) of that subsection, by the substitution for the words “any sum paid to any employee”, of the words “for any year of assessment commencing on or before April 1, 2005, any sum paid to any employee” ; and
by the insertion immediately after paragraph (p) of that subsection, of the following new paragraph :-
“(pp)
for any year of assessment commencing on or after April 1, 2005, such part of any sum paid to any employee being a sum paid as compensation for loss of any office or employment consequent to -
the voluntary retirement by such employee in accordance with a scheme, which in the opinion of the
Commissioner-General is uniformly applicable to all employees employed by such employer ; or
the retrenchment of such employee in accordance with a scheme approved by the Commissioner-General of Labour, as does not exceed two million rupees.”.