2. Amendment of section 48 of Finance Act…

Section 48 of the Finance Act, No.35 of 2018 (hereinafter in this part referred to as the “principal enactment”) is hereby amended by the insertion of the following subsections immediately after subsection (2) thereof:–

“(2A) There shall be charged with effect from the date of commencement of this Act, a levy of 25 cents per each mobile short message, on bulk advertisements sent through a fixed telephone line.

The levy imposed under subsection (2A), shall be paid by the advertiser who intends to advertise by way of the mobile short messages in respect of which the levy is charged.”.