Sri Lanka Consolidated Acts

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

Inland Revenue (Amendment) Act (No. 26 of 1968) - Sect 6

Amendment of section 10 of the principal enactment

6. Section 10 of the principal Act, as amended by Act No. 18 of 1965 is hereby further amended as follows -
(1) in sub-section (1) of that section -
(a) in paragraph (h) of that sub-section, by the substitution, for the proviso to that paragraph, of the following new proviso: -
(b) in paragraph (k) of that sub-section, by the substitution, for the full stop at the end of that paragraph, of a semi-colon;
(c) by the insertion, immediately after paragraph (k) of that sub-section, of the following new paragraphs: -
" (I) any sum expended in the purchase and installation, or in the purchase, as the case may be, of any plant, machinery, fixtures, furniture, utensils or articles by such person for any such undertaking as is referred to in paragraph (v) or paragraph (vi) of sub-section (1) of section 6:
(m) any sum expended in the purchase and installation, or in the purchase, as the case may be, of any plant, machinery, fixtures, furniture, utensils or articles or in the renovation of any building, by such person for any such undertaking of operating hotels for tourists as is not referred to in paragraph (v) of sub-section (1) of section 6 and is on the recommendation of the Ceylon Tourist Board established under the Ceylon Tourist Board Act, No. 10 of 1966, approved by the Minister by Order published in the Gazette for the purposes of this paragraph :
(2) in sub-section (5) of that section-
(a) by the substitution, for all the words from "such project or undertaking Other than as a dwelling house" to " paragraph (j) of sub-section (1) of the following: -
(b) by the substitution, for the words " published in the Gazette." occurring in the definition of " approved project ", of the following: -


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