16. Section 31 of the principal enactment is hereby amended as follows :
| (1) in subsection (2) of that section by the insertion, immediately after paragraph (j) of that subsection, of the following paragraphs : -
| | '(k) a donation made by any person in money to
| | | (i) the Ceylon Institute of Scientific and Industrial Research established by the Ceylon Institute of Scientific and Industrial Research Act; |
| (ii) the Sri Lanka Foundation established by the Sri Lanka Foundation Law, No. 31 of 1973 ; |
| (iii) the Tower Hall Theatre Foundation established by the Tower Hall Theatre Foundation Act, No. 1 of 1978 ; |
| (iv) the Sri Lanka Inventors Commission established by the Sri Lanka Inventors Incentives Act, No. 53 of 1979 ; |
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| | (l) any amount spent by a person in constructing any house or flat for occupation as a dwelling house by any member of the staff employed by such person if -
| | | (i) the floor area of such house or flat does not exceed one thousand five hundred square feet; and |
| (ii) no allowance is deductible under subparagraph (i) of paragraph (b) of sub section (1) of section 23 or paragraph if) of subsection (1) of section 23 in respect of such house or flat; |
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| | (m) any sum invested by any person in the purchase of ordinary shares, other than existing shares in a company engaged in a project approved under section 16a or section 22b,, and the capital of which exceeds five hundred million rupees ; | | |
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| (2) by the substitution in subsection (5) of that section, for the words " in paragraphs (b) and (c) of subsection (2) ", of the words " in paragraphs (b), (c) and (m) of subsection (2) " ; and |
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| (3) by the substitution in subsection (6) of that section, for the words "in paragraphs (b) and (c) of subsection (2) ", of the words " in paragraphs (b), (c) and (m) of subsection (2) ". |
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Sri Lanka Consolidated Acts