37.
| (1) The Authority shall be exempt from the payment of any customs duty on any goods imported by the Authority if the Minister in consultation with the Minister of Finance approves of such exemption. |
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| (2) In the case of any instrument containing any agreement between the Authority and any other person and providing for making a payment to the Authority as a contribution to the general support of the Authority's work, both the Authority and such other person shall be exempt from the payment of any stamp duty on such instrument. |
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| (3) Any person making a payment to the Authority as a contribution to the general support of the Authority's work, may claim the amount of the payment as a deduction from income, in the year in which the payment is actually made, for the purposes of computing liability for income tax, and the payment shall be deemed not to be a taxable gift for the purposes of the Inland Revenue Act. No. 4 of 1963. |
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Sri Lanka Consolidated Acts