2. Amendment of Schedule to Act…

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

The Betting and Gaming Levy Act, No.40 of 1988 as last amended by Act, No.9 of 2005 is hereby further amended in the Schedule to such Act, by the repeal of PART I thereof and the substitution therefor of the following: -

“PART I

The amount of the levy payable by a person carrying on the business of bookmaker for every year specified in

Column I hereto, shall be equivalent to the amount specified in the corresponding entry in Column II hereto –

Column I

Column II

Year

Amount of Levy

1. For every year commencing on or after April 1, 1988, but prior to April 1, 2001.

2. For every year commencing on or after April 1, 2001, but prior to April 1, 2002.

3. For every year commencing on or after April 1, 2002, but prior to April 1, 2005 –

(i)

where live telecast facilities are used in carrying on business.

one hundred thousand rupees.

one million rupees.

thirty thousand rupees.

(ii)

where live telecast facilities are not used in carrying on the business.

4. For every year commencing on or after April 1, 2005 but prior to April 1, 2006 for betting business done –

(i)

through Agents.

(ii)

by the use of live telecast facilities in carrying on the business.

(iii)

where live telecast facilities are not used in carrying on the business.

5. For every year commencing on or after April 1, 2006 for betting business done –

(i)

through Agents.

(ii)

where live telecast facilities are used in carrying on the business.

(iii)

where live telecast facilities are not used in carrying on the business.

Read on from s 3