50.
| (1) Where a person is entitled to compensation in respect of any property vested in or requisitioned for the Corporation, the Board of Directors shall pay from the amount of such compensation to the Commissioner of Inland Revenue any sum certified under the hand of the Commissioner of Inland Revenue to the Corporation to be due from such person as tax on income or profits, or as personal tax. |
|
| (2) For the purposes of this section, the expression " compensation " includes any interest which has accrued due on such compensation. |
|
|
Sri Lanka Consolidated Acts