Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAN ACT TO PROVIDE FOR THE MAKING OF DECLARATIONS ON OR BEFORE MARCH 31, 1971, OF ALL MOVABLE OR IMMOVABLE PROPERTY OUTSIDE CEYLON HELD BY PERSONS RESIDENT IN CEYLON IN CONTRAVENTION OF THE PROVISIONS OF THE LAW FOR THE TIME BEING IN FORCE RELATING TO EXCHANGE CONTROL, TO ENABLE ALL SUCH PROPERTY WHICH IS SO DECLARE TO BE DEALT WITH OR DISPOSED OF IN ACCORDANCE WITH SUCH DIRECTIONS AS MAY BE ISSUED FRO TIME TO TIME BY THE COMPETENT AUTHORITY IN ORDER TO GIVE FULL FORCE AND EFFECT TO THE EXCHANGE CONTROL POLICY OF THE GOVERNMENT AND THE PROVISIONS OF THIS ACT, TO INDEMNIFY THE PERSONS WHO HAVE MADE SUCH DECLARATIONS AGAINST LIABILITY TO PENALTIES OR PROSECUTIONS UNDER THE PROVISIONS OF THAT LAW, TO EXEMPT SUCH PERSONS FROM LIABILITY TO PAY INCOME TAX ON ALL SUCH PROPERTY SO DECLARED UNDER THE LAW FOR THE TIME BEING IN FORCE RELATING TO INCOME TAX, AND TO PROVIDE FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO: