27. Amendment of section 95 of the principal enactment

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

Section 95 of the principal enactment as amended by Act, No. 9 of 2008, is hereby further amended in subsection (1) of that section as follows :-

(1)

by the substitution in paragraph (aa) of the proviso to that subsection, for the words “rate of ten per centum; and”, of the words “rate of ten per centum;”

and

(2)

by the insertion immediately after paragraph (aa)

of that proviso, of the following new paragraph:-

“(aaa) no deduction shall be made under this section from any interest which is exempt from income tax under any provision of this

Act; and”.

Read on from s 28