Sri Lanka Consolidated Acts

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Finance Act (No. 11 of 2004) - Sect 21

Imposition of International Telecommunications Operators Levy

21.
(1) An International Telecommunications Operators Levy (hereinafter to as "the operator's levy ") shall be charged and levied in respect of the whole number of minutes of incoming and outgoing international calls during each calendar month from every person who obtains a license for carrying out operations (hereinafter referred to as "the licensee") from the Commission in the manner provided for in this section :
(2) Where any payment is to be converted from United States Dollars to Sri Lankan rupees for the purpose of effect: us payment, the selling rate of exchange as fixed by the Central Bank of Sri Lanka for the day previous to the day on which payment is made , which rate is available on the website of the Central Bank of Sri Lanka shall be used. In the event that payments are made in respect of previous periods , the average for the period of the selling rate shall be used.


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