31.
| (1) The Agency shall be exempt from the payment of-
| | (a) any tax on the income or profits or other receipts of the Agency; and | | |
| | (b) any stamp duty on any instrument executed by or on, behalf, or in favour, of the Agency. | | |
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| (2) The Minister with the concurrence of the Minister in charge of the subject of Finance may exempt the Agency from the payment of any customs or excise duty on any goods donated to the Agency or imported or purchased out of its funds by the Agency, if the donation or import or purchase of any such goods is considered to be conducive for the advancement of the objects of the Agency. |
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| (3) In the case of any instrument containing any agreement between the Agency and any other party and providing for payment to the Agency for services rendered or to be rendered by the Agency, or otherwise in support of the Agency's work, both the Agency and such other party shall be exempt from the payment of any stamp duty on such instrument. |
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| (4) Any person making a payment to the Agency for services rendered or as a contribution to the general support of the Agency may claim the amount of such payment as a deduction from income in the year in which such payment is actually made for the purpose of computing liability for income tax. |
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Sri Lanka Consolidated Acts