24. Amendment of section 94 of the principal enactment

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

Section 94 of the principal enactment is hereby amended as follows:-

(1)

by the substitution for the word “royalties”

wherever it occurs in that section, of the words “

royalties or fees for technical services”;

(2)

in paragraph (b) of that section for the words and figures “ under section 32,”, of the words and figures

“ under section 25,”; and

(3)

by the addition at the end of that section, of the following new paragraph:-

“For the purpose of this section the term “fees for technical services” means payments of any kind, received as consideration for managerial or technical or consultancy services including the provision of services of technical or other personnel other than employment or professional services performed through a fixed base.”.

Read on from s 25