3. Section 11 of the principal enactment is hereby the amended as follows :-
| (1) by the insertion immediately after paragraph (aa) of that section, of the following new, paragraph :-
| | "(aaa) any dividend paid by a company with which an agreement has been entered into on or after November 8 1995, by the Board of Investment of Sri Lanka under section 17 of the Board of Investment of Sri Lanka Law No. 4 of 1978, to any Shareholder of that company during the period for which the profits and income of that company are exempt from income tax order the terms of that agreement or within one year thereafter, out of the profits and income which the exempt from income tax ;" | | |
| | (a) in paragraph (b) of that section by the substitution for the figures "17J, 18", of the figures "17 J, 17 K, 18. | | |
| | (b) in paragraph (c) of that section by the substitution, for the words "paragraph (a) or (b)",of the words "paragraph(a) or paragraph (aa) or paragraph (aura) or paragraph (b); and | | |
| | (c) in paragraph (cc) of that section, by the substitution, for the words "paragraph (a) or (b) " wherever those words occur in that paragraph, of the words "paragraph (a) or paragraph (aa) or paragraph (aura), or paragraph (b)". | | |
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Sri Lanka Consolidated Acts