අන්තර්ගතයට යන්න
srilawsaturio වෙතින්

මෙම අතුරුමුහුණත යන්ත්‍රයෙන් පරිවර්තනය කර ඇත. නීති සහ අධිකරණ තීන්දු ඒවායේ මූලාශ්‍ර භාෂාවෙන් පෙන්වනු ලැබේ.

පනවන ලද පරිදි
පටුන

පාර්ලිමේන්තු පනත

Ceiling on Income and Compulsory Savings (Amendment) Act 1980

ප්‍රතිචාර සහ සහාය

නිල ඉංග්‍රීසි පරිවර්තනය. එය සිංහල හෝ දෙමළ පාඨයට වඩා වෙනස් නම් බලපවත්වන පාඨය කුමක්දැයි පනතේම සඳහන් වේ.

Changes the law on ceilings on income and compulsory savings

නිල පරිවර්තනය, ස්කෑන් කළ පිටපතකින් කියවන ලදීDepartment of Government Printing හි ස්කෑන් කළ PDF ගොනුවෙන්, OCR මගින් කියවන ලදී; දෝෂ තිබිය හැක

s 1Short title. Re

This Act may be cited as the Ceiling on Income and

Compulsory Savings (Amendment) Act, No. 12 of 1980.

s 2Amendment fs) section 8 of the Ceiling on Income and Compul-sory Savings Taw, No. 15 fe) 1972

Section 8 of the Ceiling on Income and Compulsory

Savings Law, No. 15 of 1972 (hereinafter in this Act referred to as the “principal enactment”) is hereby amended by the substitution, for the words and figures “on or after

April 1, 1972”, of the words and figures “ on or after April 1, 1972, but not after April 1, 1974”.

(1)

Section 16 of the principal enactment is hereby amended as follows :—

(a)

by the repeal of subsection (9) of that section, and the substitution therefor of the following subsection :—

,

“ (9) Where the whole or a part of a quarterly instalment of the contribution is in default, the defaulter shall, in addition to the amount in default, pay as a penalty—

oe

(a)

a sum equivalent to five per centum of the amount in default, and

(b)

where the amount in default is not paid before the expiry of thirty days after it has begun to be in default, in respect of each further period of thirty days or part of such period during which it is in default, a further sum equivalent to one per centum of the amount in default

:

Provided that the total sum payable as a

. penalty under the preceding provisions of this subsection shall in no case exceed 2—¢ 47536—10,800 (80/01)

yet ee twenty five per centum of the amount in default.”

; and

(b)

by the addition, at the end of that section, of the following new subsection

:—

“ (10) The Commissioner-General may waive or reduce any penalty payable under this section, if he is satisfied that by reason of any special circumstances in which the default wag made a waiver or reduction of such amount would be just and equitable.”.

(2)

The amendment made in section 16 of the principal enactment by paragraph (b) of subsection (1) of this section shall be deemed for all purposes to have come into force on April 1, 1972, and accordingly, shall apply to every year of assessment commencing on or after that date.

s 4Replacement of section 42 of the principal enactment,

Section 42 of the principal enactment is hereby repealed and the following new section substituted therefor

:

“ Issue of

42. (1) The Monetary Board of the fe venre’e of

Central Bank shall cause to be issued to contributions every person, in respect of contributions paid, paid by, or recovered from, him—

(i)

during the period of twelve months ending on April 30;

1973,

(ii)

during the period of twelve months ending on June 30,

1974, and

Gii) during the period of twelve months ending on June 30, of any subsequent year, a certificate showing the total amount of the contributions paid by, or recovered from, him during each of such periods.

(2)

For the purposes of this section any contribution paid by, or recovered from, any person during the period commencing on

May 1, 1973, and ending on June 30, 1973, shall be deemed to have been paid by, or recovered from, him during the period of twelve months ending on June 30, 1974.”.

mee st ye -

ee cee

Ceiling on Income and Compulsory Savings 3

(Amendment) Act, No. 12 of 1980

s 5Section 44 of the principal enactment is hereby

Replacement repealed and the following new section substituted of section therefor :-—

“Interest on

s 44of the principal enactment,

Interest shall be paid on the amount contributions.

specified in a certificate issued under section 42 if such amount lies in deposit for a period of two years commencing on the day, immediately succeeding the last day of the period of twelve months in respect of which the certificate was issued. Interest in respect of the first two years commencing on the day immediately succeeding the last day of the period of twelve months in respect of which the certificate was issued, shall be paid at the rate of five per centum and in respect of subsequent years also at-the rate of five per centum. ”,

Rs. 40 (Foreign), payable to the SupPERNTENvENT, GOVERNMENT PVURLICATIONS

Bureau, P. O Box 500, Cocomso l,before 151h December each year in respect of the year following. Last subscriptions will be accepted on the condition that

Bills and Laws issued before the date of payment will not be supplied.