55. In this Act, unless the context otherwise requires " Chairman" means the Chairman of the Authority appointed under section 8 ; " Director-General" means the Director-General of the Authority appointed under section 23 ; " Monetary Board " means the Monetary Board of the Central Bank of Sri Lanka constituted under section 8 of the Monetary Law Act; (Chapter 422) "export any gems" means the carrying or taking out of Sri Lanka or causing to be carried out or taken out of Sri Lanka any gem, whether by sea or air, except gems worn on any person or carried or taken out of Sri Lanka by such person subject to the limits imposed by the Controller of Exchange ; " import any jewellery " means the importing or bringing into ' Sri Lanka or causing to be imported or brought into Sri Lanka, any jewellery whether by sea or by air of such jewellery except jewellery worn on any person or brought into Sri Lanka by such person subject to the limits imposed by the Controller of Exchange; " gem " includes a precious stone or a semiprecious stone or a product of any gem or any such stone ; "gem industry" means any trade or business of all or any of the following classes or descriptions :
| (a) mining for gems or gemming, |
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| (b) importing gems into or exporting gems from Sri Lanka, |
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| (c) selling, purchasing or supplying gems, |
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| (e) cutting, polishing, engraving or carving gems, |
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| (f) heat treatment of gems and any other method of enhancing the value of gems, |
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| (g) examination and certification of gems and assaying of precious metal, |
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" jewellery " means may ornament made from precious metals or precious stones for personal adornment or any curio made out of such metal or such stone ; " jewellery industry " means any trade or business relating to the assaying of precious metals or the manufacture of ornaments from precious metals or precious stones, for personal adornment, or the export of such ornaments; " scheduled written law" means the provisions of written law specified in the Schedule to this Act; "State Gem Corporation" means the State Gem Corporation established by the State Gem Corporation Act, No. 13 of 1971. |
Sri Lanka Consolidated Acts