71.
| (1) There shall be established a Fund called the Value Added Tax Refund Fund, ( hereinafter referred to as "the Fund") |
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| (2)There shall be credited to the Fund twenty five per centum of the tax collected every month commencing from the month commencing from August 1, 2002 on or before the fifteenth day of the month immediately succeeding that month. |
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| (3)There shall be paid out of the Fund all refunds required to be paid in accordance with the provision of this Act or the Goods and Services Tax Act, No, 34 of 1996. |
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| (4)
| | (a) The Commissioner-General or any other officer of the Department of Inland Revenue authorised by him in that behalf in writing shall administer the Fund. | | |
| | (b) Regulations may he made as regards the manner and mode in which the refunds may he made. | | |
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Sri Lanka Consolidated Acts