2. Amendment of section 7 of the Inland Revenue Act…

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

Section 7 of the Inland Revenue Act, No. 10 of 2006

(hereinafter referred to as the “principal enactment”) as last amended by Act, No.8 of 2014 is hereby further amended in paragraph (b) of that section as follows:-

(1)

by the substitution in sub-paragraph (xvii) of that paragraph for the words and figures “on or before

March 31, 2008 or for any year of assessment commencing on or after April 1, 2013, arising out of business”, of the words and figures “on or before

March 31, 2008, arising out of business”;

(2)

by the substitution in sub-paragraph (lxxii) of that paragraph for the words and figures “Act, No. 12 of 1986; and”, of the words and figures “Act, No. 12 of 1986;”;

(3)

by the substitution in sub-paragraph (lxxiii) of that paragraph for the words and figures “Trust

Ordinance (Chapter 87).”, of the words and figures

“Trust Ordinance (Chapter 87); and” ; and

(4)

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

“(Ixxiv) the Diabetes Association of Sri Lanka incorporated by the Diabetes Association of

Sri Lanka (Incorporation) Act, No. 1 of 1992.” .

Read on from s 3