Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
(1)
All profits and income of the Authority shall be exempt from income tax under the Inland Revenue Act, No.28
of 1979.
(2)
Every gift, grant or donation made in money or otherwise to the Authority shall, for the purposes of paragraph (b) of subsection (2) of section 31 of the Inland Revenue Act,
No.28 of 1979, be deemed to be a donation made in money or otherwise to a Fund established by the Government.