Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 52 of 1998) - Sect 6

Amendment of section 14 of the principal enactment

6. Section 14 of the principal enactment as amended by Act, No. 24 of 1997, is hereby further amended in paragraph (a) of subsection (1) of that section by the insertion, immediately after sub-paragraph (xxi), of that paragraph of the following sub-paragraphs :-
"(xxii) the sale, on or after November 6, 1997, but on or before April 1, 1999 by any person, of any share held by him in any company, being a company the shares of which are quoted on or before March 31st 1999 in any official list published by any Stock Exchange licensed by the Securities and Exchange Commission of Sri Lanka ;
(xxiii) the sale, on or after November 6, 1997, by any person, of any bond, debenture or other debt instrument issued by any company and held by such person, being a bond, debenture or other debt instrument which, at the time of such sale is quoted in any official list published by any Stock Exchange licensed by the Securities and Exchange Commission of Sri Lanka ;".


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