29. Section 129 of the principal Act, as amended by Act No. 26 of 1968, is hereby further amended in sub-section (1) by the substitution, for the definition of - " regulated provident fund ", of the following definition: - regulated provident fund "means any provident fund -
(a) which is established by a body corporate whose profits and income are exempt from income tax under any written law, and |
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(b) which is regulated and maintained under the written law by which such body corporate is constituted; '. |
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