Betting and Gaming Levy (Amendment) Act 2025

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

Official translationFrom Department of Government Printing, unchanged

s 1Short title

This Act may be cited as the Betting and Gaming Levy

(Amendment) Act, No. 25 of 2025.

s 2Amendment of section 2 of Act, No. 40 of 1988

Section 2 of the Betting and Gaming Levy Act, No. 40

of 1988, as last amended by Act, No. 11 of 2023 is hereby further amended as follows: -

(1)

in subsection (1A) of that section -

(a)

in paragraph (b) of that subsection by the substitution for the words, “ten per centum;

or” of the words, “ten per centum;”;

(b)

in paragraph (c) of that subsection by the substitution for the words and figures, “for any year commencing on or after April 1,

2023, at the rate of fifteen per centum,” of the words and figures, “for any year commencing on or after April 1, 2023 but ending prior to January 1, 2026 at the rate of fifteen per centum; or”; and

(c)

by the insertion immediately after paragraph (c) of that subsection of the following new paragraph: -

“(d) for any year commencing on or after January 1, 2026, at the rate of eighteen per centum,”; and

(2)

in paragraph (b) of subsection (1AA) of that section by the substitution for the words, “United

States Dollars fifty” of the words, “United States

Dollars one hundred”.

s 3Sinhala text to prevail in case of inconsistency

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