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

2. Amendment of section 2 of Part 1…

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

The Finance Act, No. 11 of 2004 (in this Part referred to as the “principal enactment”) is hereby amended in subsection (3) of section 2 of Part I (Imposition of an Economic Service

Charge) of that Act, as follows :—

(1)

in the definition of the expression of “liable turnover”

by the substitution for the words “other than any trade, business, profession or vocation” of the words

“other than any trade, business (not being any trade or business which deals in the wholesale or retail of such goods, not manufactured or produced by such person or partnership), or profession or vocation”;

and

(2)

in the definition of the expression of “turnover” by the repeal of paragraph (ii) thereof and the substitution therefor of the following paragraph :—

“(ii) the total proceeds from the disposal of any capital assets ; and”.

Read on from s 3

Part II

Read on from Part II

Part III

Amendment of Schedule to the Finance Act…

Read on from Part III