19. Amendment of section 94 of the principal enactment

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

Section 94 of the principal enactment is hereby amended as follows: -

(1)

in subsection (1) of that section –

(a)

in paragraph (c) of that subsection, by the substitution for the word and figures “section 82.”, of the words and figures “section 82; or”; and

(b)

by the addition immediately after paragraph (c) of that subsection, of the following new paragraph: -

“(d) an individual referred to in paragraph (c) of this subsection, whose interest income for the year of assessment does not exceed five thousand rupees.”; and

(2)

by the insertion immediately after subsection (2) of that section, of the following new subsection: -

“(2A) Notwithstanding the provisions of subsection (1), any person carrying on a

Business of Strategic Importance as approved under the provisions of the Colombo Port

City Economic Commission Act, No. 11 of 2021 shall file a tax return in the form and manner specified by the Commissioner-General.”.

Read on from s 20