නිල පරිවර්තනයවෙනස් නොකළ පාඨය, Department of Government Printing වෙතින්
Section 14 of the principal enactment is hereby amended as follows: -
(1)
by the re-numbering of subsection (4) of that section, as subsection (5) of that section; and
(2)
by the insertion immediately after subsection (3) of that section, of the following new subsection: -
“(4) In the event of the written down value referred to in subsection (2) is zero for a depreciable asset, notwithstanding the provisions of subsection (2), the deduction for improvement referred to in subsection (1) shall be deducted in equal amounts apportioned over-
(a)
twelve years of assessment, for a Class 4
depreciable asset;
(b)
three years of assessment, for other Classes of depreciable assets, commencing from the year of assessment in which the expenditure was incurred.”.