9. Amendment of section 21 of the principal enactment

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

Section 21 of the principal enactment is hereby amended as follows:-

(1)

by the insertion immediately after paragraph (c) of subsection (2), of that section, of the following new paragraph:-

“ (cc) all such sums of money as may be transferred to the Board by any, Government

Department, or Public Corporation ;”; and

(2)

by the insertion immediately after subsection (3) of that section, of the following new subsections:-

“ (4) The initial capital of the Board shall be one hundred million rupees which may be increased from time to time, by such amounts as may be authorised by an Appropriation Act or by resolution of Parliament. The amount of such capital shall be paid out of the Consolidated Fund in such instalments as the Minister in charge of the subject of Finance may, in consultation with the Minister determine, and such sums shall be credited to the

Fund.

(5)

From and after the inclusion of the Board under section 8 of the Inland Revenue Act, No. 28

of 1979, the profits and income of the Board shall be exempt from income tax”.

Act, No. 33 of 1999

Read on from s 10