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As enacted
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Part II · Amendment of Part I of the Finance Act…

3. Amendment of section 2 of Part I of Act…

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

Part I (Imposition of Social Responsibility Levy) of the Finance Act, No. 5 of 2005 (hereinafter in this Part referred to as the “principal enactment”), is hereby amended in section 2 thereof as follows -

(1)

by the repeal of paragraph (c) of that section, and the substitution therefor of the following new paragraph:-

“(c)

the rate of 1.5 per centum, for the period commencing on January 1, 2008 and ending on -

(i)

November 22, 2010 in respect of the

Social Responsibility Levy chargeable under the Excise Ordinance (Chapter 52), the Customs Ordinance (Chapter

235) and the Excise (Special

Provisions) Act, No.13 of 1989; and

(ii)

March 31, 2011 in respect of the Social

Responsibility Levy chargeable under the provisions of the Inland Revenue

Act No. 10 of 2006:”;

(2)

by the repeal of sub-paragraph (ii) of the second proviso to that section and substitution therefore of the following new sub-paragraph:-

“(ii)

in respect of the period commencing on April 1, 2008, but prior to April 1, 2011, be calculated at the rate of 1.5% per centum:”.

Read on from s 4

Part III

Amendment of Part II of the Finance Act…

Read on from Part III

Part IV

Amendment of Part III of the Finance Act…

Read on from Part IV

Part V

Amendment of Part II of the Finance Act…

Read on from Part V