5. Section 9 of the principal enactment as last amended by Act, No. 37 of 2003, is hereby further amended in subsection (1) of that section, as follows :-
| (1) in paragraph (b) of that subsection, by the substitution for the words "the official emoluments paid to-" of the words and figures "the official emoluments for any year of assessment commencing on or before April 1, 2005, paid to-" ; |
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| (2) by the insertion, immediately after paragraph (b), of that subsection, of the following new paragraph :-
| | "(bb) one half of the official emoluments for any year of assessment commencing on or after April 1,2005, paid to -
| | | (i) any individual who holds any paid office under the Republic, out of the Consolidated Fund ; |
| (ii) any employee of any public corporation, being a public corporation which pays such emoluments or such pension or such profits, from emoluments wholly or partly out of the sums voted annually by Parliament to such corporation from the Consolidated Fund ; |
| (iii) the Governor of any Province appointed under the Article 154B of the Constitution ; |
| (iv) any member of any Provincial Council; |
| (v) any employee of any Provincial Council or to any officer of any Provincial Public Service; |
| (vi) any member of any local authority ; |
| (vii) any employee of any local authority ; |
| (viii) any employee of any University which is established or deemed to be established by the Universities Act, No. 16 of 1978; |
| (ix) any employee of the Institute of Policy Studies of Sri Lanka, established by the Institute of Policy Studies of Sri Lanka Act, No. 53 of 1988 ; |
| (x) a member or employee of any board or commission of inquiry established by or under any law being a board or commission, all the members of which are appointed by the President or by a Minister. |
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| (3) in paragraph (p) of that subsection, by the substitution for the words "any sum paid to any employee", of the words "for any year of assessment commencing on or before April 1, 2005, any sum paid to any employee" ; and |
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| (4) by the insertion immediately after paragraph (p) of that subsection, of the following new paragraph :-
| | "(pp) for any year of assessment commencing on or after April 1, 2005, such part of any sum paid to any employee being a sum paid as compensation for loss of any office or employment consequent to -
| | | (i) the voluntary retirement by such employee in accordance with a scheme, which in the opinion of the Commissioner-General is uniformly applicable to all employees employed by such employer ; or |
| (ii) the retrenchment of such employee in accordance with a scheme approved by the Commissioner-General of Labour, as does not exceed two million rupees.". |
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Sri Lanka Consolidated Acts