Sri Lanka Consolidated Acts

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

Inland Revenue (Amendment) Act (No. 27 of 1995) - Sect 7

Amendment of the section 30 of the principal enactment

7. Section 30 of the principal enactment is hereby amended as follows:-
(1) in subsection (1) of that section-
(a) by the substitution, in paragraph (aaaaa) of that section for the words and figures any year of assessment commencing on or after April 1 1992 and of the words and figures any year of assessment commencing on or after April 1 1992 but prior to April 1, 1995:"
(b) by the insertion, immediately after paragraph (aaaaa) of that subsection, of the following paragraph: -
" (aaaaaa) an allowance of sixty thousand rupees in respect of any year of assessment commencing on or after April 1, 1995, and": and
(c) by the substitution, in the proviso to that subsection for the words "or paragraph (aaaa) or paragraph (aaaaa) in ascertaining", of the words or paragraph (aaaa) or paragraph (aaaaa) or paragraph (aaaaaa) in ascertaining".
(2) in subsection (2) of that section-
(a) In the first proviso to the subsection-
(i) by the substitution in paragraph (f) of he words and figures "any year of assessment commencing on or after April 1, 1992: ", of the words and figures "any year of assessment commencing on or after April 1992 but prior to April 1, 1995;";
(ii) by the insertion, immediately after paragraph (f) of that proviso, of the following paragraph :-
(b) in the second proviso to that subsection-
(i) by the substitution, in sub-paragraph (1) of that proviso, for the words and figures " an year of assessment commencing on or after April 1, 1987, but prior to April 1, 1992 ; and ", of the words and figures ''an year of assessment commencing on or after April 1, 1987, but prior to April 1, 1992 ;
(ii) by the substitution in sub-paragraph (ii) of that proviso, for the words and figures " an year of assessment commencing on or after April 1, 1992 , of the words and year of assessment commencing on or after April 1, 1992, but prior to April 1, 1995 and ". and
(iii) by the addition immediately after sub-paragraph(ii) of that proviso of the following sub-paragraph:-

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