43.
| (1) The income from the investment of any moneys of the Fund shall be exempt from income tax chargeable under any written law relating to the imposition of income tax. |
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| (2) The sum paid as a benefit in respect of a member of the Fund under this Act shall be exempt from income tax chargeable under any written law relating to the imposition of income tax, if such member during the five years immediately preceding his retirement, departure from Ceylon or death, as the case may be, was not liable to pay income tax. |
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| (3) The Fund shall be deemed to be a provident fund approved by the Commissioner for the purposes of the Income Tax Ordinance or the Inland Revenue Act, No. 4 of 1963. |
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Sri Lanka Consolidated Acts