Sri Lanka Consolidated Acts

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Estates (Control Of Transfer And Acquisition) Act (No. 2 of 1972) - Sect 19

Deductions from compensation

19.
(1) Where a person is entitled to compensation in respect of any estate vested in the Crown, the Permanent Secretary shall pay from the amount of such compensation-
(a) to the Commissioner of Inland Revenue, any sum certified under the hand of the Commissioner of Inland Revenue to the Permanent Secretary to be due from such person as tax on income or profits, or as personal tax; and
(b) to the Commissioner of Labour, any sum certified under the hand of the Commissioner of Labour to the Permanent Secretary to be due from such person as arrears of salary, provident fund contributions, gratuity or other monetary benefit to any other person whose employment in such estate has been terminated after the date of publication of the vesting Order or who continues to be employed in such estate thereafter.
(2) For the purposes of this section, the expression " compensation " includes any interest which has accrued due on such compensation.


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