Skip to content
srilawsby aturio
As enacted
EnglishSinhala සිංහල, official PDF on documents.gov.lkTamil தமிழ், official PDF on documents.gov.lk
Contents

Part IV · Amendment of Part III of the Finance Act…

7. Amendment of section 13 of Act…

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

Part III (Construction Guarantee Fund Levy) of the Finance Act, No. 5 of 2005 is hereby amended with effect from January 1, 2011, in section 13 thereof as follows:-

(1)

by the renumbering of that section as subsection (1) of that section ;

(2)

by the addition immediately after the re-numbered subsection (1), of the following new subsection:-

“(2) No Construction Industry Guarantee

Fund Levy shall be charged on any construction contract to be entered into and enforced in

Sri Lanka by any construction contractor, on their contract value in respect of contracts for the implementation of specified projects approved by the Minister of Finance, entered into from and after January 1, 2011,”.

Part V

Amendment of Part II of the Finance Act…

Read on from Part V