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4. Amendment of section 7 of the principal enactment

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

Section 7 of the principal enactment is hereby amended as follows:-

(1)

in paragraph (a) of subsection (1) of that section, by the substitution for the words “five hundred thousand rupees in value;” of the words “one million rupees in value;”;

(2)

in paragraph (d) of subsection (1) of that section, by the substitution for the words

“rupees five thousand,” of the words “rupees one hundred thousand,”;

(3)

in subsection (1) of that section, by the substitution for the words and figures “the certificate of non-settlement referred to in section 14A”, of the words and figures “a report referred to in subsection (2) of section 12 or a certificate of non-settlement referred to in section 14A.”;

(4)

by the insertion immediately after subsection (1) of that section, of the following new subsection:-

“(1A) The Minister may, from time to time, by regulations made under section 23 of this Act, amend the monetary value of the subject matter referred to in paragraphs (a)

and (d) of subsection (1) .”.

Act, No. 2 of 2024

Read on from s 5