As enacted

Contents

16. Amendment of the First Schedule to the principal enactment

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

The First Schedule to the principal enactment is hereby amended in PART II thereof as follows:–

(1)

in paragraph (a) of that PART –

(a)

by the repeal of item (i) and the substitution therefor of the following:–

“(i) Wheat or wheat flour;”.

(b)

substitute in sub item (c) of item (xix) of paragraph (a) of PART II of the First Schedule for the words “(c) light weight electrical and electronic items with effect from June 1,

2010;” of the following:–

“(c) light weight electrical and electronic items with effect from June 1, 2010 but prior to November 1, 2016;”.

(c)

by the repeal of sub-item (e) of item (xix) and the substitution therefor of the following:–

“(e)

telecommunication equipment with effect from January 1, 2011 but prior to May 2, 2016 and for the period commencing from July 11, 2016 but ending on or before on November 1,

2016;”;

(d)

substitute in item (xviii) of paragraph (a) of

PART II of the First Schedule for the words

“(xviii) petrol, coal or” of the following:–

“(xviii)

petrol, coal (if supplied prior to

November 1, 2016) or”;

(e)

by the repeal of item (xx) and the substitution therefor of the following:–

“(xx)

any machinery or high-tech equipment for the telecom industry, having identified that such machinery or equipment is imported or purchased exclusively for the use in the telecom industry and imported or purchased by any operator of telecommunication services, with effect from January 1,

2011 but prior to May 2, 2016 and for the period commencing from July 11, 2016 but ending on or before

November 1, 2016;”;

(f)

substitute in item (xxi) of paragraph (a) of

PART II of the First Schedule for the words

“(xxi) spare parts and accessories for exclusive use by Sri Lanka Transport Board and Department of Sri Lanka Railways

(including imports made on or after 18. 08. 2010)” of the following:–

“(xxi)

spare parts and accessories for exclusive use by Sri Lanka

Railways, prior to November 1,

2016;”;

(g)

substitute in sub-item (i) of item (xxii) of paragrph (a) of PART II of the First Schedule for the word “perfumes,” of the following:–

“perfumes (if supplied prior to

November 1, 2016),”.

(h)

by the repeal of item (xxv) and the substitution therefor of the following:–

“(xxv)

copper cables for telecom industry,

imported prior to May 2, 2016

where such copper cables are not available in Sri Lanka; or

purchased from a local manufacturer prior to May 2,

2016 and for the period commencing from July 11, 2016

but ending on or before

November 1, 2016.”.

(2)

in paragraph (b) of that PART –

(a)

by the repeal of sub-item (c) of sub-paragraph (h) of item (x) and the substitution therefor of the following:–

“(c)

of leasing facilities under any;

finance lease agreement; or

operating lease agreement in respect of any installment for any period prior to November 1,

2016, on any asset, if such agreement is entered into on or after October 25, 2014 and not being an agreement entered into prior to

October 25, 2014”;

(b)

by the repeal of item (xi) and the substitution therefor of the following:–

“(xi) services being the supply, lease or rent of residential accommodation –

(a)

if such supply has taken place prior to November 1, 2016, other than the supply, lease or rent of residential accommodation by a person, being an enterprise which has entered into an agreement with the Board of

Investment of Sri Lanka, under section 17 of the Board of

Investment of Sri Lanka Law,

No. 4 of 1978, on or after April 1, 2001 and the total cost of the projects which such agreement relates is not less than ten million United States Dollars or its equivalent in any other currency and the project relates exclusively to the aforesaid supply, lease or rental;

(b)

on or after November 1, 2016

by any person, other than any lease or rent of residential accommodation.

(c)

by the repeal of item (xii) and the substitution therefor of the following:–

“(xii)

all healthcare services provided by medical institutions or professionally qualified persons providing such care, prior to May 2, 2016 and for the period commencing from July 11,

2016, but ending on or before

Novermber 1, 2016;”;

(d)

by the repeal of item (xxvi) and the substitution therefor of the following:–

“(xxvi)

locally produced dairy products other than powdered milk containing added sugar or other sweetening matter, out of locally produced fresh milk in so far as such milk is produced in Sri Lanka and locally produced rice products containing rice produced in Sri Lanka.”.

(e)

substitute in item (xxx) of paragrph (b) of

PART II of the First Schedule for the words

“(xxx) locally manufactured jewellery” of the following:–

“(xxx)

locally manufactured jewellery, prior to November 1, 2016.”.

(f)

by the repeal of item (xxxi) and the substitution therefor of the following:–

“(xxxi)

telecommunication services subject to the telecommunication levy under the Telecommunication

Levy Act, No. 21 of 2011, and the services specifically excluded from such liability in the definition of the expression “telecommunication services” in that Act, prior to

May 2, 2016 and for the period commencing from July 11, 2016, but ending on or before Novermber 1,

2016;”;

(g)

by the repeal of item (xxxv) and the substitution therefor of the following:–

“(xxxv)

services being the issue of licenses to local telecom operators by

Telecommunication Regulatory

Commission, established by the Sri

Lanka Telecommunications Act, No.

25 of 1991, prior to May 2, 2016

and for the period commencing from

July 11, 2016, but ending on or before November 1, 2016”.

(h)

In item (XL) of that paragraph, by the substitution for the words “provided to exporters or to providers of services which are zero rated” of the words “provided to any person referred to in item (i) to (vii) of paragraph (e) of subsection (2) of section 2 or to providers of services which are zero rated”;

(3)

in paragraph (f) of that PART, by the repeal of item (iii) of that paragraph and the substitution therefor of the following:-

“(iii) any goods or services provided prior to

November 1, 2016, by any society registered under the Co-operative Societies Law, No.

5 of 1972 or under any respective Statute enacted by any Provincial Council providing for such registration, or Lak

Sathosa registered under the Companies Act,

No. 7 of 2007.”.

(4)

in paragraph (l) of that PART –

“(a) in sub-paragraph (b) of that paragraph, by the substitution for the words and figures “after

October 25, 2014” of the words and figures

“after October 25, 2014 but prior to

Novermber 1, 2016.”.

(b)

substitute in sub-paragrph (c) of paragrph (I)

of PART II of the First Schedule for the words

“(c) liquor identified under the Harmonized

Commodity Description and Coding System

Numbers for Custom Purposes” of the following:–

“(c)

liquor, prior to November 1, 2016

and identified under the Harmonized

Commodity Description and

Coding System Numbers for Custom

Purposes.”.

Read on from s 17