Inland Revenue (Amendment) Act (No. 40 of 1981)

Sri Lanka Consolidated Acts

Amendment of Section 15 of the principal enactment

6. Section 15 of the principal enactment, as amended by Act No. 24 of 1980, is hereby further amended as follows :

(1) in paragraph (p) thereof

(a) by the substitution for sub-paragraph (ii) thereof of the following sub-paragraph:

(ii) any petroleum, gas or petroleum product, or"; and

	(b) by the substitution for all the words" being stones, metals or products,", to the end of that paragraph, of the following words:

(2) by the insertion, immediately after paragraph (r) thereof, of the following new paragraph :

	" (s) the profits and income arising to any person from an undertaking approved by the Minister for the operation and maintenance of facilities for the storage of goods or commodities brought into in Sri Lanka for re-export. ".