14. Amendment of section 25C of the principal enactment

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

Section 25C of the principal enactment is hereby amended in subsection (3) of that section as follows:-

(1)

in paragraph (c) of that section, by the substitution for the words “twenty per centum; and” of the words

“twenty per centum;”;

(2)

by the repeal of paragraph (d) of that subsection and the substitution therefor of the following new paragraph:-

“(d)

commencing from January 1, 2011, but prior to January 1, 2015 shall be twelve per centum;”; and

(3)

by the addition immediately after paragraph (d) of that subsection, the following new paragraph:-

“(e)

commencing from January 1, 2015, shall be eleven per centum.”.

Act, No. 11 of 2015