Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Inland Revenue (Amendment) Act (No. 6 of 1969) - Sect 13

Amendment of section 31 of the principal Act

13. Section 31 of the principal Act is hereby amended as follows: -
(1) by the insertion, immediately after sub-section (1) of that section, of the following sub- section : -
" (1A) Notwithstanding anything in paragraph (g) of sub-section (1), there shall not be excluded from the wealth of any person-
(a) for any year of assessment commencing on or after April 1, 1973, any investment made by him prior to August 2, 1968, in securities of the Government of Ceylon; and
(b) for any year of assessment commencing on or after April 1, 1969, any investment made by him on or after August 2, 1968, in securities of the Government of Ceylon."; and
(2) in sub-section (2) by the substitution, for all the words and figures from "a person" to "that investment", of the following:-


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]