National Defence Fund (Amendment)

National Defence Fund (Amendment)

BE it enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows :”

[3rd March
, 1991
Short title.

1. This Act may be cited as the National Defence Fund (Amendment) Act, No. 10 of 1991.

Amendment of section 3 of Act No. 9 of 1985.

2. Section 3 of the National Defence Fund Act, No. 9 of section 1985, (hereinafter referred to as the: principal enactment “) is hereby amended in subsection (2) of that section, by the substitution, for paragraph (b) of that subsection of the following paragraph:”

” (b) the Minister in charge of the subject of Finance, and “.

Amendment of section 13 of the principal enactment.

3. Section 13 of the principal enactment is hereby amended by the substitution, for the words “national security,” of the word “Finance. “.

Insertion of new section 14A in the principal enactment.

4. The following new section is hereby inserted immediately after section 14, and shall have effect as section 14A of the principal enactment: ”

“Application of Inland Revenue Act. No. 28 of 1979 to the Fund.

14A. The Fund shall be deemed, for the purposes of paragraph (b) of subsection (2) of section 31 of the Inland Revenue Act. No. 28 of 1979, to be a fund established by the Government of Sri Lanka.”.

Retrospective effect.

5. The amendment made to the principal enactment by section 4 of this Act, shall be deemed for all purposes to have come into force on March 21, 1985.

Sinhala text to prevail in case of inconsistency.

6. In the event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.