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20. Amendment of section 129 of the principal enactment

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

Section 129 of the principal enactment is hereby amended as follows :—

(1)

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

(2)

by the addition immediately after the renumbered subsection (1) of that section of the following subsection :—

“(2) Notwithstanding anything contained in subsection (1), where any penalty is payable under subsection(1), is outstanding on November 6,

2002—

(a)

such penalty shall be waived in full where the tax in default has been fully paid on or before

November 6, 2002 ;

(b)

where a part of the tax in default has been paid on or before November 6, 2002, the penalty referable to the amount of the tax in default so paid, shall be waived.”.