As enacted

Contents

3. Amendment of section 4 of the principal enactment

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

Section 4 of the principal enactment as last amended by Act, No. 4 of 2001, is hereby further amended as follows :—

(1)

in paragraph (l) of that section, by the substitution, for the words and figures “on or after April 1,

2001 ”, of the words and figures “on or after April 1, 2001 but prior to October 1, 2001-” ; and

(2)

by the addition at the end of that section, of the following new paragraphs :—

“(m)

for the quarter commencing on October 1,

2001—

(i)

an amount equivalent to—

(A)

Seven and one half per centum of the turnover of that person, not being turnover referred to in item

(B)

of this sub-paragraph ; and

(B)

One half per centum of the turnover of that person arising from the import or manufacture of any plant, machinery or equipment, not being any motor car, motor coach or lorry, within the meaning of the Motor Traffic

Act [Chapter 203], for the period commencing on October 1, 2001, and ending on October 12,

2001, on or before the fifteenth day of

November, 2001 ;

(ii)

an amount equivalent to—

(A)

Six and one half per centum of the turnover of that person, not being turnover referred to in item (B) of this sub-paragraph ; and

(B)

One half per centum of the turnover of that person arising from the import or manufacture of any plant, machinery or equipment, not being any motor car, motor coach or lorry within the meaning of the Motor Traffic

Act [Chapter 203], for the period commencing on October 13, 2001, and ending on November 30,

2001, on or before the fifteenth day of

December, 2001 ; and

(iii)

the amount of the levy payable by such person for that quarter, reduced by the aggregate of the amounts paid by him in accordance with the provisions of sub-paragraphs (i) and (ii) of this paragraph, on or before the fifteenth day of the month immediately succeeding the end of that quarter ; and

(n)

for every quarter commencing on or after

January 1, 2002—

(i)

an amount equivalent to—

(A)

six and one half per centum of the turnover of that person, not being turnover referred to in item (B) of this sub-paragraph ; and

(B)

one half per centum of the turnover of that person arising from the import or manufacture of any plant, machinery or equipment, not being any motor car, motor coach or lorry, within the meaning of the Motor Traffic

Act (Chapter 203), for the first month of that quarter, on or before the fifteenth day of the second month of that quarter,

(ii)

an amount equivalent to—

(A)

six and one half per centum of the turnover of that person, not being turnover referred to in item (B) of this sub-paragraph ;

and

(B)

Act (Chapter 203), for the second month of that quarter, on or before the fifteenth day of the third month of that quarter ; and

(iii)

the amount of the levy payable by such person for that quarter, reduced by the aggregate of the amounts paid by him in accordance with the provisions of sub-paragraph (i) and sub-paragraph (ii) of this paragraph, on or before the fifteenth day of the month immediately succeeding the end of that quarter ;”.

Read on from s 4