8. Any person to whom this Act applies and who is deemed to have paid the tax referred to in section 4 shall not be liable"
| (a) to pay"
| | (i) for any year of assessment ending on or before March 31, 1989, any income tax or surcharge on income tax under the law for the time being applicable to the imposition of income tax or surcharge on income tax. in respect of such part of his relevant profits or income as is represented by the proceeds of sale of specified certificates ox deposit, deposited by him in any such special account as is referred to in section 3 ; or | | |
| | (ii) for any year of assessment ending on or before March 31, 1989, any wealth tax or surcharge on wealth tax under the law for the time being applicable to the imposition of wealth tax or surcharge on wealth tax, in respect of such part of his net wealth for the acquisition of which such part of his relevant profits or income as is represented by the proceeds of sale of specified certificates of deposit, deposited by him in any such special account as is referred to section 3, had been utilized; or | | |
| | (iii) for any quarter ending on or before March 31 1989, any business turnover tax under the Finance Act, No. 11 of 1963 or, any turnover tax under the Turnover Tax Act, No. 69 of 3981, in respect of such part of the turnover from which such part of his relevant profits or income as is represented by the proceeds of sale of specified certificates' of deposit, deposited by him in any such special account as is referred to in section 3 arose or, was derived ; or | | |
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| (b) to a prosecution or to a penalty for any offence under"
| | (i) the law for the time being applicable to the imposition of income tax or surcharge on income tax, or wealth tax or surcharge en wealth tax in relation to any year of assessment ending on or before March 31, 1989 in respect of, or m connection with such part of his relevant profits. and income referred in paragraph (a) (1) of such part of his net wealth referred to m paragraph (a) (ii) , or | | |
| | (ii) the Finance Act No 11 of 1963 or the Turnover Tax Act No 69 of 1981 in relation to any quarter ending on or before March 31, 1989, m respect of such part of the turnover referred to in paragraph (a) (iii) | | |
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Sri Lanka Consolidated Acts