Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Inland Revenue (Amendment) Act (No. 12 of 2004) - Sect 6

Amendment of section 15 of the principal enactment

6.Section 15 of the principal enactment as last amended by Act, No. 37 of 2003, is hereby further amended as follows :"
(1) in paragraph (g) of that section, by the substitution for the words "any prize received", of the words and figures "any prize received on or before March 31, 2004.";
(2) in paragraph (h) of that section, by the substitution for the words "'an agreement has been entered into", of the words and figures "'an agreement has been entered into before April 1, 2004'';
(3) in paragraph (j) of that section, by the substitution for the words "arising in Sri Lanka,'', of the words and figures "arising in Sri Lanka before April 1, 2004.";
(4) in paragraph (in) of that section, by the substitution for the words "income arising to", of the words and figures "income arising before April 1, 2004. to";
(5) by the repeal of paragraph (t) of that section ;
(6) in paragraph (v) of that section, by the substitution for the words "any person.", of the words and figures "any person , for any year of assessment commencing on or before April 1, 2003.";
(7) by the insertion immediately after paragraph (v) of that section, of the following new paragraph :-
(vv) for any year of assessment commencing on or after April 1, 2004. any profit derived by or accruing to any person other than a unit trust or mutual fund from the sale of any share. including a right to any share or a bonus share or a warrant where such disposal has taken place after two years from the date of acquisition :
(8) by the addition at the end of that section, the following :"


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]