Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 6 of 1969) - Sect 29

Amendment of section 129 of the principal Act

29. Section 129 of the principal Act, as amended by Act No. 26 of 1968, is hereby further amended in sub-section (1) by the substitution, for the definition of - " regulated provident fund ", of the following definition: - regulated provident fund "means any provident fund -
(a) which is established by a body corporate whose profits and income are exempt from income tax under any written law, and
(b) which is regulated and maintained under the written law by which such body corporate is constituted; '.


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