As enacted

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Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act 2026 · As enacted · Part XVII

476. Amendment of section 175 of the Inland Revenue Act…

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

Section 175 of the Inland Revenue Act, No. 24 of 2017 is hereby amended, in subsection (6) –

(a)

by the repeal of paragraph (a) thereof and the substitution therefor of the following:-

Rescue, Rehabilitation and Insolvency

“(a) a liquidator of an entity, other than a liquidator appointed under Part XII of the Rescue, Rehabilitation and

Insolvency (Corporate and Personal)

Act, No. 12 of 2026;”;.

(b)

in paragraph (b), by the addition, immediately after the words “by a court”, of the words and ﬁgures “other than a receiver appointed under

Part XIII of the Rescue, Rehabilitation and

Insolvency (Corporate and Personal) Act, No. 12

of 2026”; and

(c)

by the repeal of paragraph (c) thereof.

CHAPTER 2

Repeals

Schedules