12. Section 23 of the principal enactment is hereby amended in subsection (1) of that section as follows:"
| (1) in paragraph (eee) of that subsection"
| | (a) in sub-paragraph (ii) of that paragraph by the substitution for the words and figures "acquired by such person on or after April 1, 1987 but prior to April 1, 1993, and arising out of its use ", of the words and figures "acquired by such person on or after April 1, 1987 and arising out of its use,"; | | |
| | (b) by the repeal of sub-paragraph (iia) of that paragraph ; and | | |
| | (c) in the proviso to that paragraph, by the substitution, for the words and figures "referred to in sub-paragraph (i) or sub-paragraph(ii) or sub-paragraph (iic) or sub-paragraph (iii) ", of the words and figures "referred to in sub-paragraph (i) or sub-paragraph (ii) or sub-paragraph (iii) "; and | | |
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| (2) by the insertion immediately after paragraph(eeee) of that subsection of the following ,paragraph:-
| | "(eeee) an allowance in respect of any computer software acquired by him during the period of which the profits and income are being ascertained and used by him in any trade, business, profession, or vocation carried on or exercised by him such allowance being an amount equal to thirty three and one third per centum of the cost of acquisition of such computer software : | | |
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Sri Lanka Consolidated Acts