Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 52 of 1998) - Sect 17

Amendment of section 31A of the principal enactment

17. Section 31A of the principal enactment inserted by Act, No. 24 of 1997 is hereby amended as follows :-
(1) in subsection (2) of that section, by the substitution for sub paragraph (i) of paragraph (a) of that subsection of the following paragraph :-
"(i) on or after November 6, 1996 but prior to April 1,2000;"
(2) in subsection (4) of that section, by the substitution, for the words "the entirety of such investment whichever is less" wherever those words occur in that subsection, of the words "the entirety of such investment tax allowance whichever is less" ;
(3) in subsection (6) of that section, by the substitution in paragraph (ii) of that subsection, for the words and figures "commencing on November 6, 1996 and ending on March 31, 1999, is entitled", of the words and figures :"


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