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As enacted
Contents

Part IV · Assessment of Levy

13. Certain transactions and dispositions to be disregarded

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

Where the Assistant Commissioner is of the opinion that any transaction which reduces or would have the effect of reducing the amount of levy payable by any person is artificial or fictitious or that any disposition is not in fact given effect to, he may disregard any such transaction or disposition and the parties to the transaction or disposition shall be assessable accordingly.

Part V

Payment and Collection of the Levy

Part VI

Appeals

Part VII

Recovery of Levy

Part VIII

Liability of Certain Persons to Pay Levy

Part IX

Offences and Penalties

Part X

Miscellaneous

Part XI

Adminstration Provisions

Part XII

General

Schedules