Inland Revenue (Amendment) Act (No. 27 of 1982)

Sri Lanka Consolidated Acts

Insertion of section 22E of the principal enactment

21. The following new section is inserted immediately after section 22D, and shall have effect as section 22E, of the principal enactment:-

22E. Where the Commissioner-General is satisfied that

	(a) any company or undertaking approved by the Minister under section 16 or section 16A or section 16B or section 20 or section 22c or section 22D has not taken any steps to commence business; or

	(b) any construction, contract or project approved by the Minister under section 16B or section 22A or section 22B in relation to a company or undertaking, has not been commenced by such company or undertaking,