13. Amendment of section 34 of the principal enactment

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

Section 34 of the principal enactment is hereby amended as follows:—

(1)

in paragraph (b) of subsection (2) of that section :—

(a)

by the substitution in sub-paragraph (viii) of that paragraph, for the words “approved by the Minister :”, of the words “approved by the

Minister.”; and

(b)

by the omission of the proviso to that paragraph; and

(2)

in paragraph (a) of subsection (4) of that section, by the substitution in sub-paragraph (iii) of that paragraph, for the words “in that year of assessment shall not exceed ten million rupees;”, of the following words and figures :—

“in that year, of assessment shall not exceed:—

(A)

ten million rupees, where such year of assessment is the year of assessment commencing on April 1, 2006; and

(B)

twenty five million rupees, where such year of assessment is any year of assessment commencing on or after April 1, 2007;”; and

(3)

in paragraph (b) of subsection (4) of that section, by the substitution in sub-paragraph (ii) of that paragraph, for the words “in that year of assessment shall not exceed ten million rupees; ”, of the following words and figures:—

“in that year, of assessment shall not exceed:—

(A)

ten million rupees, where such year of assessment is the year of assessment commencing on April 1, 2006; and

(B)

twenty five million rupees, where such year of assessment is any year of assessment commencing on or after April 1, 2007;”.

Read on from s 14