11. In this Act, unless the context otherwise requires" " Bank" means the National; Savings Bank established by the National Savings Bank Act, No. 30 of 1971 ; the expressions " Commissioner-General, ", " profits ", " income ", " wealth ",; and " year of assessment'' shall have the same meanings respectively, as in the Inland Revenue Act, No. 28 of 1979; " person " includes a company, and a body of persons; " relevant profits or income " in relation to any person ' means any profit or income"
| (a) which was derived by him or which arose or accrued to his benefit on or before March 31, 1989 ; and |
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| (b) in respect of which no return has been furnished by him, or which has not been disclosed in any return furnished by him, under the law for the time being applicable to the imposition of income tax ; and |
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| (c) which, under the law for the time being applicable to the imposition of income tax or surcharge on income tax was chargeable with income tax or surcharge on income tax; |
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"specified certificate of deposit" means any certificate of deposit issued"
| (a) under the Treasury Certificates of Deposit Act, No. 9 of 1989 ; and |
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| (b) on or after June 20, 1990, but) prior to January 1, 1991; |
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" the law for the time being applicable to the imposition of income tax or the surcharge on income tax" means the Inland Revenue Act, No. 28 of 1979, the Surcharge on Income Tax Act. No. 26 of 1982, the Surcharge on Income Tax Act, No. 12 of 1984 and the Surcharge on Income Tax Act, No. 7 of 1989; " the law for the time being applicable to the imposition of wealth tax or surcharge on wealth tax " means the Inland Revenue Act, No. 28 of 1979 the Surcharge on Wealth Tax Act, No. 25 of 1982 and the Surcharge on Wealth Tax Act, No. 8 of 1989. |
Sri Lanka Consolidated Acts