Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 63 of 1992) - Sect 3

Amendment of section 9 of the principal enactment

3. Section 9 of the principal enactment is hereby amendment in subsection (1) of that section as follows :"
(1) in paragraph (m) of that subsection by the substitution, for the words from his place of work to his residence ; and ", of the words " from his place of work to his residence ; " ;
(2) in paragraph (n) of that subsection by the substitution, for the words " from, investments made by it. ", of the words " from investments made by it; and " ; and
(3) by the addition, immediately after paragraph (n) of that subsection of the following paragraph : "
"(o) such part of any sum referred to in sub-paragraph (i) of paragraph (c) of section 4 (1) paid to any employee at the time of his retirement from any employment in any company formed under the Conversion of Public Corporations or Government Owned Business Undertakings into Public Companies Act, No. 23 of 1987 as is attributable to his period of service in any public corporation or any Government Owned Business Undertaking, as the case may be.".


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