13. Exemption from income tax of certain subsidies

There shall be exempt from income tax any sum paid to any person as a subsidy or grant—

out of the Capital Fund established under the Sri

out of the Rubber Replanting Subsidy Fund established under the Rubber Replanting Subsidy

by the Coconut Cultivation Board established under the Coconut Development Act, No. 46 of 1971 ;

by the Ministry of Fisheries for the purchase by such person of fishing boats, marine engines, fishing gear and other fishing equipment ;

out of the Export Development Fund established by the Sri Lanka Export Development Act, No. 40 of 1979 ;

under any other scheme for the planting or replanting of any other agricultural product ;

out of the Mill Development Fund administered by the Coconut Development Authority established under the Coconut Development Act, No. 46 of 1971, for the modernization of machinery.