Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 33 of 1971) - Sect 7

Amendment of section 26 of the principal Act

7. Section 26 of the principal Act is hereby amended by the insertion, immediately after sub-section (1A) of that section, of the following sub-section: -
'(1B) Sub-section (1) of this section shall for the year of assessment commencing on April 1, 1970, have effect as though there were substituted, for the expression " 57 per centum ", wherever that expression occurs in that sub-section, the expression " 60 per centum ".'.

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