Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 12 of 2004) - Sect 3

Amendment of section 8 of the principal enactment

3. Section 8 of the principal enactment as last amended by Act. No. 37 of 2003. is hereby further amended as follows:"
(1) in paragraph (a) of that section :"
(a) by the substitution in sub-paragraph (LXXIV), for the words "Investment Bank;"', of the words ''Investment Bank;" ; and
(b) by the insertion immediately after subparagraph (LXXIV), of the following new subparagraphs :"
"(LXXV) The Nordic Development Fund established pursuant to a treaty entered between the Governments of Denmark. Finland. Iceland. Norway and Sweden on November 2, 1988 ;
(LXXVI) Management Corporation established under Apartment Ownership Law No. 11 of 1973 as last amended by Act. No. 39 of 2003;";
(LXXVII) the Sri Lanka Institute of Taxation incorporated by the Sri Lanka Institute of Taxation (Incorporation) Act, No. 21 of 2000:
(c) in the proviso to that paragraph by the substitution for the word and figure "and (LXXIV)'". of the words and figures "(LXXIV) and (LXXV),".
(2) in paragraph (c) of that section, by the substitution in sub-paragraph (iii) for the words ''of the unit.", of the words "of the unit for any year of assessment commencing on or before April 1. 2003."'.


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