Act Number: 46

Act Name: The Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1961

Year: 1961

Enactment Date: 1961-12-06

Long Title: An Act to provide for exempting from taxes on income a portion of the salary or allowances payable to any person who has in the public interest volunteered to forego it.

Ministry: Ministry of Finance

Department: Department of Revenue

Section 5: Repeal.
    (1) The Voluntary Surrender of Salaries (Exemption from Taxation) Act, 1950 (61 of 1950), is hereby repealed.
     (2) Notwithstanding such repeal any declaration made under the said Act shall be deemed to be a declaration made for the purposes of this Act.
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