Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 37 of 2003) - Sect 15

Amendment of section 34 of the principal enactment

15. Section 34 of the principal enactment is hereby amended in subsection (2) of that section as follows :"
(1) in paragraph (a) of that subsection by the substitution for the words at the rate of fifteen per centum", of the words and figures "at the rate of fifteen per centum for any year of assessment commencing prior to April 1, 2003 and at the appropriate rates specified in the Sixth Schedule to this Act. for any year of assessment commencing on or after April 1, 2003 and
(2) In paragraph (b) of that subsection , by the substitution for the words "fifteen per centum" of the words "ten per centum.".


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