4. Amendment of section 15 of the principal enactment

Section 15 of the principal enactment is hereby amended by the insertion immediately after paragraph (a) of that section, of the following new paragraph :—

“(aa) the profits and income earned by a resident company or partnership carrying on or exercising any trade, business, profession or vocation, in foreign currency, in any year of assessment commencing on or after

April 1, 2001, in respect of services rendered by that company or partnership in that year of assessment outside Sri Lanka (including services relating to any construction project) in the course of carrying on or exercising such trade, business, profession or vocation, if such profits and income (less any such amount expended by that company or partnership outside Sri Lanka as is considered by the

Commissioner-General to be reasonable expenses)

are remitted to Sri Lanka through a bank;”.