Sri Lanka Consolidated Acts

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Finance Act (No. 11 of 2006) - Sect 6

Levy on teledramas, films and commercials imported into Sri Lanka to be telecast

6.
(1) With a view to improving and regulating the quality and standard of teledramas, films and commercials produced in Sri Lanka and thereby ensuring the propagation of Sri Lankan values through such teledramas, films and commercials, there shall be charged and levied, from every institution licensed under the Sri Lanka Rupavahini Corporation Act, No. 6 of 1982, or such other licensing authority as may be identified from time to time, a Levy to be called the Teledrama, Film and Commercials Levy (hereafter in this Part referred to as "the Levy"), on every teledrama, film or commercial, made and or filmed outside Sri Lanka and bought into or imported into Sri Lanka for the purpose of being telecast, at such rate in relation to the duration of such teledrama, film or commercial, as shall be specified by the Minister in charge of the subject of Finance in consultation with the Minister to whom the subject of issuing of licences to television stations is assigned :
(2) The manner and mode of payment, the time of payment and the procedure for the collection of the same and such other terms and condition which may be necessary in the implementation of the provisions of this Act shall be prescribed by regulations made in that behalf.
(3) Every Order made under subsection (1) above shall come into force from the date on which the Minister has affixed his signature on such Order.


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