5. Amendment of section 7 of the principal enactment

Section 7 of the principal enactment is hereby amended by the repeal of sub-paragraph (vii) of paragraph (b) of subsection (1) of that section and the substitution therefor of the following new sub-paragraph:-

“(vii)

the provision of services to overseas buyers by a garment buying office registered with the Textile

Quota Board established under the Textile Quota

Board Act, No.33 of 1996 or the Simplified Value

Added Tax Scheme, as the case may be, where payment for such service is received in foreign currency, through a bank in Sri Lanka in so far as such services are identified by the Commissioner-General as being services essential for facilitating the export of garments to such overseas buyers.”.