17.Section 32 of the principal enactment is hereby amended as follows : -
| (a) by the repeal of subsection (1) of that section and the substitution therefor of the following new subsection:
| | "(1) Subject as hereinafter provided, income tax shall be charged for each year of assessment on the taxable income for that year of assessment of any person -
| | | (a) if he is an individual other than a receiver, trustee, executor or liquidator acting in such capacity
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| (b) if he is an individual who is not a citizen of Sri Lanka and is deemed by subsection (7) of section 67, to be non-resident, at the rate specified in Part III of the First Schedule to this Act; or |
| (c) if such person is a person other than a company or an individual to whom paragraph (a) applies, in respect of any year of assessment commencing on or after April 1, 1979, at the appropriate rates specified in the Third Schedule to this Act. " ; |
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| (b) in subsection (2) of that section, by the substitution, for all the words from "shall be chargeable with tax" to the end of that subsection, of the following : - |
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| (c) by the repeal of subsection (5) of that section. |
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Sri Lanka Consolidated Acts