அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
The Second Schedule to the principal enactment is hereby amended in paragraph 1 of that Schedule as follows: -
(1)
in sub-paragraph (1A) of that paragraph, by the substitution for the words “Fourth Schedule.”, of the following: -
“Fourth Schedule:
Provided that, the Board of Investment of Sri Lanka shall have specifically approved the expansion of such existing undertaking for such person to be eligible for the enhanced capital allowance under this sub-paragraph.”;
and
(2)
by the insertion immediately after sub-paragraph (2) of that paragraph, of the following new sub-paragraph: -
“(2A) A capital allowance equal to 100% of the investment made by a person in depreciable assets in a new undertaking, other than intangible assets, during a year of assessment shall be granted to such person for that year of assessment, if the total investment in such depreciable assets that are used in such undertaking in any part of
Sri Lanka exceeds USD 250,000, but does not exceed USD 3 million.”.