2. Amendment of section 5 of Act…

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

Section 5 of the Stamp Duty Act, No. 43 of 1982

(hereinafter referred to as the “Principal enactment”) as last amended by Act, No. 38 of 1996, is hereby further amended as follows :–

(1)

by the repeal of paragraph (24) of that section, and the substitution thererfor of the following paragraph :–

“(24)

debt security or any instrument executed for the sale or transfer of a debt security”; and

(2)

by the addition at the end of that section, of the following new paragraph :–

“(27)

repurchase agreement, relating to

Treasury Bills or Government Securities entered into with any primary dealer.”.