Sri Lanka Consolidated Acts

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National Savings Bank Act (No. 30 of 1971) - Sect 80

Exemption from stamp duty

80. Notwithstanding anything in the Stamp Ordinance, any instrument or document whatsoever required or authorized to be made or executed by the Bank, and any instrument or document made or executed by any other party in respect of withdrawals from deposit or savings accounts and redemption of savings certificates, in pursuance of the provisions of this Act or any rule made thereunder, and any instrument or document whatsoever made or executed in connection with the business of the Bank by the Bank, other than a certificate of sale under section 55, shall be exempt from the payment of duty under that Ordinance.


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