3. Amendment of section 7 of the principal enactment

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

Section 7 of the principal enactment as last amended by Act, No. 18 of 2013 is hereby further amended as follows:-

(1)

in paragraph (b) of that section –

(a)

by the substitution in sub-paragraph (lxviii), for the words and figures “Companies Act,

No. 17 of 1982; and”, of the words and figures

“Companies Act, No. 17 of 1982;”;

(b)

by the substitution in sub-paragraph (lxix), for the words “the circulars issued by such

Ministry.”, of the words “the circulars issued by such Ministry;”; and

(c)

by the addition, immediately after sub-paragraph (lxix), of the following new sub-paragraphs:-

“(lxx)

the

National

Enterprise

Development Authority established under the National Enterprise

Development Authority Act, No. 17

of 2006;

(lxxi)

the Sri Lanka Institute of Marketing incorporated under the Sri Lanka

Institute of

Marketing

(Incorporation) Act, No. 41 of 1980;

(lxxii)

the Institute of Physics, Sri Lanka incorporated under the Institute of

Physics, Sri Lanka (Incorporation)

Act, No. 12 of 1986;”; and

(lxxiii)

the Lionel Wendt Memorial Fund incorporated under section 114 of the Trusts Ordinance (Chapter 87).”;

(2)

by the substitution in paragraph (k) of that section, for the words ''for such year of assessment", of the words ''for the year of assessment immediately preceding such year of assessment";

(3)

by the substitution in paragraph (l) of that section, for the words and figures “the Monetary Law Act

(Chapter 422).”, of the words and figures “the

Monetary Law Act (Chapter 422);”; and

(4)

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

“(m)

the profits and income of any institution, established on or after April 1, 2013, by relocating in Sri Lanka the headquarters or regional head offices of institutions in the international network, as specified by the Commissioner-General by Notice published in the Gazette.”.

Read on from s 4