Section 5
கருத்துகள் மற்றும் உதவிஅதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.
Section 159 of the principal enactment (as last Amendment amended by Act No. 26 of 1978) is hereby further amended of the in sub-section (1) of that section by the substitution, for the principal |
definition of “turnover ”, of the following new definition :—-
:
‘turnover ”, in-relation to. any business, means the total amount. received
: or. receivable from transactions entered into in respect of. that business or for services "performed in carrying on that business and ineludes—
in the case of.a bank, the receipts of such bank by. way. of or on. account of, interest, discounts, dividends,. exchange, service charges, commissions, brokerage and any other income. derived by such bank in the course of its business or otherwise but shall not include receipts attributable to the operation of the foreign currency banking unit of such bank.
In this paragraph “foreign currency bank-ing unit” means a unit or department of a commercial bank authorized by the Central
Bank of. Ceylon to operate as a foreign curreney banking unit
;
in the case of a findncier, money-lender or pawnbroker, the moneys given out by him as loans, the interest received or receivable by him on such loans and the sums received by him as fees or other charges in respect of such: loans
;
Finance (Amendment) Act, No. 37 of 1981
in the case of an auctioneer and, subject to the provisions of paragraph (d), in the case of a broker or a commission agent—
in respect of lands sold by him or in the sale of which he is instrumental, the commissions or fees received or receivable by him or for any trans-actions effected, or services rendered, by him in connection with such sale,
in respect of any goods sold by him or in the sale of which he is instrumental, the total amount paid or payable by the purchaser of such goods
;
in the case of any broker (other than a share broker or a produce broker), or commission agent, who—
on behalf of a non-resident person, sells or is instrumental in selling any goods of that non-resident person, or
acts on behalf of an exporter of any goods manufactured in Sri Lanka, or
on behalf of any other person carrying on a business in Sri Lanka, is instru-mental in selling in Sri Lanka any goods of that other person, being goods the total proceeds of the sale of which is included in the turnover of the busi-ness of that other person, whether or not such business is a “business”
within the meaning of that expression in subsection (3) of section 120, the commissions or fees received or receivable by such broker or commission agent in respect of anv transactions effected or services rendered by him in so selling, acting, or in being instrumental in so selling, and in the ease of a share broker or a produce broker, the commissions or fees received or receivable by such broker or commmission agent in respect of any transaction effected or services rendered by him ; and
in the case of a person carrying on any educational establishment or school, the total amount, excluding profits from investment of the moneys of the educational establish-
.
ment or school, received or receivable by him in carrying on such educational establish-a ment or school, but, unless otherwise expressly stated in this Part of this Act, does not include any amount received or receivable by the sale of capital assets ;’.
:
ve,
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Rs. 40 (Foreigr), payable to the SuperInrenpenT, GOVERNMENT PUBLICATIONS
Bouneau, P. O. Box 500, Cotosmo 1, before 15th December each year in respect ef the year following.
3s