2. Replacement of Section 2 of the Finance Act…

(Section 2 of the Finance Act, No. 16 of 1995

(hereinafter referred to as the “principal enactment” ) is hereby repealed and the subsitution therefor of the following :-

2. There shall be charged, levied and paid, on every diesel motor vehicle, a diesel motor vehicle levy (in this part referred to as “the levy”), for the years commencing respectively, on April 01, 1995 and April 01 1996 of a sum equal to ten thousand rupees, and for every year commencing on or after April 01, 1997, of a sum equal to five thousand rupees . The levy payable for every such year shall be paid by the registered owner of the diesel motor vehicle, on or before the relevant date.”