6. Section 10 of the principal enactment as last amended by Act, No. 12 of 2004 is hereby further amended as follows :-
| (1) in paragraph (e) of that section, by the substitution for the words "in any Commercial Bank with the approval of the Central Bank of Sri Lanka ;" of the words "in any Commercial Bank or any specialized Bank with the approval of the Central Bank of Sri Lanka;"; |
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| (2) by the addition, immediately after paragraph (h) of that section, of the following new paragraph :-
| | "(i) such part of any interest as does not exceed one hundred thousand rupees, accruing in any year of assessment commencing on or after April 1, 2005 to any individual who is a citizen of Sri Lanka and resident in Sri Lanka, and who is more than sixty years of age on the first day of that year of assessments from any special deposit scheme for age on the first day of that year of assessment, from any special deposit scheme for senior citizens operated by the National Savings Bank established by the National Saving Bank Act, No. 30 of 1971, or by the Bank of Ceylon established by the Bank of Ceylon Ordinance (Chapter 397), or the People's Bank established by the People's Bank Act, No. 29 of 1971.". | | |
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Sri Lanka Consolidated Acts