13. Amendment of section 26 of the principal enactment

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

Section 26 of the principal enactment as last amended by Act, No.18 of 2013 is hereby further amended as follows:-

(1)

in subsection (1) of that section-

(a)

by the substitution in sub-paragraph (vi) of paragraph (l) of that subsection, for the words and figures “Finance Act, No. 5 of 2005,”, of the words and figures “Finance Act, No. 5 of 2005; or”;

(b)

by the insertion immediately after sub-paragraph (vi) of paragraph (l) of that subsection, of the following new sub-paragraph:-

“(vii)

any Crop Insurance Levy levied under section 14 of PART IV of the

Finance Act, No. 12 of 2013,”;

(c)

by the substitution for paragraph (m) of that subsection, of the following paragraph:-

“(m)

any annuity paid by such person;”;

and

(2)

by the substitution in subsection (4) of that section, for all the words from “any part thereof,” to the words “assessment is made:”, of the words “any part thereof, and an assessment shall be made disallowing the entirety or any part of such expenditure notwithstanding anything to the contrary in any other provisions of this Act, if it appears to the Assessor that the debt or such part thereof attributable to such expenditure or any part thereof, remains unpaid at the time such assessment for that year of assessment is made:”.

Read on from s 14