3.
| (1) Any person making a declaration in terms of section 2, shall enjoy full immunity from liability to pay tax under any law specified in the Schedule hereto, or from any investigation or prosecution for any offence under any law specified in the Schedule hereto, in relation to any period ending on or before March 31. 2002 in so far as such declaration relates to
| | (a) non-payment of taxes ; | | |
| | (b) the sources of income or assets declared ; | | |
| | (c) the profits or income earned from which such assets were funded ; | | |
| | (d) the manner in which such assets were funded ; | | |
| | (e) any matter related to or incidental to any of the above. | | |
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| (2) The relevant authority, charged with the administration of the Acts specified in the Schedule hereto, shall ensure that full immunity as specified above, be granted to the person making the declaration in terms of section 2. |
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| (3) Any transaction taking place on or after March 31, 2002, in connection with any asset declared for the purposes of the Exchange Control Act (Chapter 423) under section 2 of this Act, shall be afforded the same immunity referred to in subsection (1), as if such transaction has taken place on or before March 31, 2002. |
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Sri Lanka Consolidated Acts