Section 3
ප්රතිචාර සහ සහායනිල ඉංග්රීසි පරිවර්තනය. එය සිංහල හෝ දෙමළ පාඨයට වඩා වෙනස් නම් බලපවත්වන පාඨය කුමක්දැයි පනතේම සඳහන් වේ.
Persons to whom this Act Applies (a) may invest such moneys in certain specified undertaking or deposit such moneys in a bank.
Bank
“Bank” means any commercial bank licensed or deemed to be licensed under the Banking Act…
Any person to whom this Act applies and who—
person
“person” includes a company, a body of persons or a partnership; Tax and Foreign Exchange Amnesty “relevant foreign currency” in relation to a person means foreign currency held on March 31, 1996 by such person outside Sri Lanka in violation of the provisions of the Exchange Control Act, being or being attributable to, profits and income or not being or not being attributable to profits and income, and which was acquired by him outside Sri Lanka by way of gift, donation, inheritance or any other manner whatsoever;
has any relevant moneys ; or holds any relevant foreign currency may—
Foreign currency
“Foreign currency” means any currency other than Sri Lankan currency and includes any currency payable by a foreign government or institution to a person in, or resident in, Sri Lanka in respect of his pension or like payment due to him and all deposits, credits and balances payable in any currency other than Sri Lankan currency and any such drafts, travellers’ cheques, letters of credit and bills of exchange as are expressed or drawn in Sri Lankan currency but payable in any currency other than Sri Lankan currency;
invest, after November 5, 1997 but on or before
June 30, 1999, such relevant moneys or moneys obtained by the conversion of such refevant foreign currency, in the purchase of any share, other than any existing share, in any company which is engaged only in any specified undertaking ;
deposit, after November 5, 1997 but on or before
December 31, 1998, such relevant moneys or moneys obtained by the conversion of such relevant foreign currency in any Bank, and pay
Tax and Foreign Exchange Aninesty to the Commissioner General and amount
(hereinafter in this Act referred to as the ‘amnesty tax’) equivalent to fifteen per centum of the moneys so deposited.
For the purposes of this section “specified undertaking”
means any undertaking for—
@
the manufacture or assembly of electronic products or components for such products ;
the manufacture of ceramic products or glassware ;
the manufacture of rubber products using rubber produced in Sri Lanka ;
the manufacture of jewellery ;
the cutting and polishing of gems or diamonds ;
light or heavy engineering ;
the construction and sale of houses ; or the manufacture of any articles or goods or the provision of any service, being in either case an industry or a service designated by the Board of
Investment of Sri Lanka, as being of a pioneering nature, carried on by a company with which an agreement has been entered into by the Board of Investment of Sri Lanka under section 17 of the Board of Investment of Sri Lanka Law,
No. 4 of 1978.