13. Amendment of section 23 of the principal enactment

Section 23 of the principal encatment as last amended by Act, No. 9 of 2008, is hereby further amended in subsection (1) of that section by the substitution in the further proviso to that subsection, for the words "be three years.", of the following :-

“be three years.

Provided further that where any venture capital company had not made any investment prior to April 1, 2011 for the purchase of ordinary shares in any project referred to in paragraph (a), (b) or (c) of this subsection, such company shall not be entitled to any tax exemption under this section.".