52. Amendment of the Third Schedule to the principal enactment

The Third Schedule to the principal enactment as last amended by the Act No. 9 of 2008, is hereby further amended as follows:-

(1)

by the substitution in item 7 of that schedule, for the words and figures “on or before March 31, 2008

or commencing on or after April 1, 2013 5 per centum”, of the words and figures

“on or before March 31, 2008 5 per centum”;

35 per centum;

28 per centum;

(2)

by the substitution for item 8 of that Schedule, of the following item:-

“8. Any club or association referred to in section 101, on the taxable income for -

(a)

any year of assessment commencing prior to

April 1, 2011

(b)

any year of assessment commencing prior to

April 1, 2011