Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 16 of 1996) - Sect 4

Amendment of section 15 of principal enactment

4. Section 15 of the principal enactment is hereby amended as follows :-
(1) by the insertion immediately after paragraph (v) of that section, of the following new paragraph :-
(vv) such part of any sum as does not exceed two thousand rupees received in any year of assessment Commencing on or after April 1,1996, by the Sri Lanka Bureau of Foreign established by the Sri Lanka Bureau of Employment Act, No. 21 of 1985, in respect of any Sri Lanka for whom employment outside Sri-Lanka has been provided or succeed by such Bureau ;":
(2) in paragraph (w) of that section by the substitution for the words "any quoted public company; and", of the words "any quoted public company ;"
(3) in paragraph (X) of that section by the substitution, for the words "Minister in charge of the subject of the arts secure or sports, as the case may be ;" of the words "Minister in charge of the subject of his arts therefore, or sports, as; be case may be; and",
(4) by the addition immediately after paragraph (a) of that section, of the following new paragraph :-
"(y) the profits and income from the farmers Lottery conducted by the national Lotteries Board,


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