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As enacted
EnglishSinhala සිංහල, official PDF on documents.gov.lkTamil தமிழ், official PDF on documents.gov.lk
Contents

Part II · Finance

12. Minister to exetnpt the Foundation from payment of certain taxes

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

(1)

The Minister-may with the concurrence of the

Minister in charge of the subject of Finance, exempt the

Foundation from payment of any customs duty on any goods imported by the Foundation if the import of such goods is considered to be conducive to the advancement of the objects of the Foundation.

(2)

The Foundation shall be exempt from any income tax under the Inland Revenue Act, No. 28 of 1979.

(3)

A donation made in money or otherwise by any person to the Foundation shall be deemed, for the purposes of paragraph (b) of subsection (2) of section 32 of the Inland

Revenue Act, No. 28 of 1979, to be a donation made in money or otherwise to a Fund established by the Government.

Vijaya Kumaratunga Memorial Foundation

Report

Part III

General

Read on from Part III