6. Section 15 of the principal enactment is hereby amended as follows : "
| (1) in paragraph (cc) of that section by the substitution for the words " the profits and income earned in any year of assessment in foreign currency ", of the words and figures "the profits and income earned in any year of assessment commencing prior to April 1, 1995, in foreign: currency,"; |
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| (2) in paragraph (ccc) of that section by the substitution for the words ''(the emoluments and fees earned, in any year of assessment in foreign currency" of the words and figures " the emoluments and fees earned, in any year of assessment commencing prior to April , 1 1993 in foreign currency ". |
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| (3) by the repeal of paragraph (j) of that section and by substitution therefor of the following paragraph:-
| | "(j) any royalty received by a non-resident person from a company with which an agreement has been entered into by the Board of investment of Sri Lanka under section 17 of the Board of Investment of Sri Lanka Law, No. 4 of 1978 (being an agreement which has been entered into prior to December 31 1994, on an application made in that behalf prior to November 11, 1993), in respect of any period during which the profits and income of that company are exempt from income tax under the terms of that agreement : | | |
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| (4) in paragraph (w) of that section, by the substitution for the words and figures " from the sale, before April 1, 1994 of any share," of the words " from the sale of any share". |
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Sri Lanka Consolidated Acts