Sri Lanka Consolidated Acts

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Industrial Development Act (No. 36 of 1969) - Sect 7

Payments into the fund

7. There shall be paid into the Fund-
(a) the proceeds of the industrial development cess levied under section 12;
(b) the proceeds of licence fees on the importation of specified goods in the manner set out in section 9 (1);
(c) the proceeds of the business turnover tax in respect of specified classes of business in the manner set out in section 9 (2);
(d) all such sums of money as may from time to time be voted by the House of Representatives for the purposes of the Fund;
(e) all moneys received as donations under section 8; and
(f) all such sums of money as are required to be paid into the Fund under this Act or any other written law.


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