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srilawsby aturio
As enacted
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Part I · Amendment of Finance Act…

2. Amendment of section 2 of Part I of the Finance Act…

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

Part I (Port and Airport Development Levy) of the

Finance Act, No. 11 of 2002 (as last amended by Act, No. 48

of 2006), is hereby further amended in section 2 thereof by the repeal of the proviso to that section and the substitution therefor of the following:—

“ Provided that, in respect of the cost, insurance and freight value of any article referred to above, there shall be charged and levied—

(a)

for the period commencing on November 19,

2004 and ending on December 31, 2005, a levy at the rate of 1.5 per centum;

(b)

for the period commencing on January 1,

2006 and ending on December 31, 2006, a levy at the rate of 2.5 per centum;

(c)

for the period commencing on January 1,

2007 and ending on December 31, 2008, a levy at the rate of 3.0 per centum; and

(d)

for the period commencing on January 1, 2009

a levy at the rate of 5.0 per centum.”.

Read on from s 3

Part II

Amendment of Finance Act…

Read on from Part II