Sri Lanka Consolidated Acts

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Foreign Exchange (Amnesty) Act (No. 32 of 1993) - Long Title

AN ACT TO PROVIDE FOR TAX CONCESSIONS TO PERSONS WHO REMIT OR BRING TO SRI LANKA ANY FOREIGN CURRENCY HELD BY SUCH PERSONS OUTSIDE SRI LANKA AND WHICH REPRESENTS UNDISCLOSED PROFITS AND INCOME OR TURNOVER, OR WHICH HAS NOT BEEN DECLARED TO THE CONTROLLER OF EXCHANGE, WITH A VIEW TO SECURING FULL COMPLIANCE, IN THE FUTURE, BY SUCH PERSONS WITH TAX LAWS AND LAWS RELATING TO EXCHANGE CONTROL; TO INDEMNIFY SUCH PERSONS AGAINST PROSECUTIONS FOR OFFENCES IN RELATION TO SUCH LAWS AND TO PROVIDE FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO.



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