Sri Lanka Consolidated Acts

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Specified Certificate of Deposits (Tax And Other Concessions) Act (No. 45 of 1990) - Long Title

AN ACT TO PROVIDE FOR TAX CONCESSIONS TO ANY PERSON WHO HAS IN HIS POSSESSION ANY SPECIFIED CERTIFICATE OF DEPOSIT; 10 ENABLE THE DEPOSIT IN SPECIAL ACCOUNTS IN THE NATIONAL SAVINGS BANK OF MONEYS REPRESENTING HIS RELEVANT PROFITS OP. INCOME, OUT OF WHICH SUCH CRETIFICATES WERE PURCHAS-ED, TO IMPOSE AND LEVY A TAX ON THE MONEYS DEPOSITED IN" SUCH SPECIAL ACCOUNTS ; TO INDEMNIFY PERSONS WHO DEPOSIT MONEYS IN SUCH SPECIAL ACCOUNTS AGAINST PROSECUTIONS FOR OFFENCES IN RELATION TO SUCH PROFITS OR INCOME," AND FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO.



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