Sri Lanka Consolidated Acts

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Rana Viru Seva Authority Act (No. 54 of 1999) - Sect 10

Exemption train certain taxes

10.
(1) All profits and income of the Authority shall he exempt front income tax under the Inland Revenue Act, No. 28 of 1979.
(2) Every gift, giant or donation made in money or otherwise to the Authority shall, for the purposes of paragraph (b) of subsection (2) of section 31 of the inland Revenue Act, No. 28 of 1979, be deemed to he a donation made in money or otherwise to a Fund established by the Government.

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