Institute of Fundamental Studies, Sri Lanka Act 1981 · As enacted · Part VI · Finance
35. Exemption from rates and taxes
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
The Institute shall be exempt from the payment of any rates imposed by any local authority.
The Minister may, in consultation with the Minister in charge of the subject of Finance, exempt the Institute from the payment of any customs duty on any goods im-ported by the Institute if the import of such goods is con-sidered to be conducive for the advancement of the aims aud objects of the Institute.
All personal goods up to such value as may be delermined by the Minister in consultation with the
Minister in charge of the subject of Finance and all pro-fessional equipment, books and other scientific equipment imported by a Professor, Member or Fellow of the Institute, not being a citizen of Sri Lanka shall be exempt from the payment of customs duty.
The provisions of this section shali have effect notwithstanding anything to the contrary in any other written law.