41. Amendment of section 133 of the principal enactment

Official English translation. The Sinhala text prevails.

Section 133 of the principal enactment is hereby amended as follows :—

(1)

in subsection (3) of that section:—

(a)

in paragraph (a) of that subsection—

(i)

by the substitution in sub-paragraph (ii)

of that paragraph, for the words “of Sri

Lanka; or”, of the words “of Sri Lanka;”;

(ii)

by the addition immediately after sub-paragraph (iii) of that paragraph, of the following new sub-paragraphs:—

“(iv)

any registered society referred to in paragraph (h) of section 7, being interest paid to such society during the period referred to in that paragraph; or

(v)

the Api Wenuwen Api Fund established by the Api Wenuwen

Api Fund Act, No. 6 of 2008;”;

Act, No. 9 of 2008

(b)

by the substitution in paragraph (c) of that subsection, for the words and figure “or section 96.”, of the words and figure “or section 95.”;

(2)

in subsection (4) of that section, by the substitution for the words “under this section”, of the words and figure “under subsection (1) of this section”;

(3)

in subsection (5) of that section, by the substitution for the words “where any interest payable to any person”, of the words and figures “ where any interest referred to in subsection (1) or any excess referred to in subsection (2) payable to any person”;

(4)

in subsection (7) of that section—

(a)

by the substitution for the words and figure

“deducts income tax in accordance with the provisions of subsection (1) from any interest paid by it”, of the words and figures “deducts income tax from the interest paid in accordance with subsection (1) or on the excess in accordance with subsection (2)”;

(b)

by the substitution for the word “interest”

appearing in paragraphs (a), (c) and (d) of that subsection, of the words “interest or excess”;

and

(5)

in subsection (8) of that section, by the substitution in paragraph (d) of that subsection for the word

“interest”, wherever it appears in that paragraph of the words “interest or excess”.

Read on from s 42