Sri Lanka Consolidated Acts

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National Aquatic Resources Research And Development Agency Act (No. 54 of 1981) - Sect 33

Special export duty for providing the Fund with an income

33.
(1) There shall be charged, levied and paid an export duty in respect of aquatic products exported from Sri Lanka, of such amount as may be determined from time to time 'by resolution of Parliament.
(2) Any resolution made under subsection (1) may be varied or rescinded at any time by a like resolution.
(3) This section shall have effect as though it formed part of the Customs Ordinance, and the provisions of that Ordinance shall apply accordingly:
(4) The proceeds of the export duty imposed by this Act shall be paid monthly to the Agency by the Principal Collector of Customs and shall be credited to the Fund of the Agency.

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