Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 40 of 1981) - Sect 5

Amendment of section 12 of the principal enactment

5. Section 12 of the principal enactment is hereby amended as follows:
(1) in subsection (1) of that section-
(a) by the substitution in sub-paragraph (iii) of paragraph (b) of that subsection, for the words" not exceeding two thousand square feet: ", of the words" not exceeding three thousand square feet: " ; and
(b) by the substitution in the proviso to paragraph (b) of that subsection, for the words" one thousand square feet or less, ", of the words "one thousand and five hundred square feet or less,"; and
(2) in subsection (2) of that section
(a) by the substitution in paragraph (a) of that sub section, for the words" specified in the certificate; ", of the words" specified in the certificate; and" ;
(b) by the substitution in paragraph (b) of that subsection for the words" a co-owner; and", of the words" a co-owner. " ; and
(c) by the omission of paragraph (c) of that subsection.


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