Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 24 of 1980) - Sect 23

Amendment of section 49 of the principal enactment-

23. Section 49 of the principal enactment is hereby amended by the repeal of subsection (1) of that section and the substitution therefor of the following subsection :
(1) The value of any immovable property for any . year' of assessment shall be its market value on, the first . day of that year of assessment:

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