5. Section 11 of the principal enactment as amended by Act, No. 24 of 1997, is hereby further amended as follows :-
| (1) by the insertion, immediately after paragraph (aaa) of that section, of the following new paragraphs :"
| | (aaaa) any dividend out of the profits of any 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 from the operation by such company of a hospital with facilities for paying and non-paying patients for indoor and outdoor treatment, paid during the period of five years reckoned from the commencement of the year of assessment in which such hospital commences operations ; | | |
| | (aaaaa) any dividend out of the profits within the meaning of section 3(a) of a company
| | | (i) 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, and |
| (ii) to which a mining license issued under She Mines and Mineral Act, No. 33 of 1992, has been assigned |
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| (2) in paragraph (b) of that section, by the substitution for the figures and letters "17KK, 18", of the figures and letters" 17KK, 17L, 17M, 18".'. |
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Sri Lanka Consolidated Acts