10. The following new section is hereby inserted immediately after section 16 of the principal enactment and shall have effect as section 16A of that enactment:-
| 16A. Notwithstanding anything to the contrary in any other provision of this Act, the profits and income derived from outside Sri Lanka by any individual who has been a non-resident of Sri Lanka and who arrives and stays in Sri Lanka, shall be exempt from income tax, if such individual is a citizen of both Sri Lanka and any other country at the time of such arrival and during the whole of such stay.". |
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Sri Lanka Consolidated Acts