Sri Lanka Consolidated Acts

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Gem Trading Bank Act (No. 51 of 1993) - Sect 34

Exemption from certain taxes

34. Every donation made of money or otherwise to the Bank shall, for the purposes of paragraph (b) of subsection (A) of section 31 of the Inland Revenue Act, No. 28 of 1979, be deemed to be a donation made in money or otherwise to a fund established by the Government.

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