2. Section 3 of the Inland Revenue Act, No. 4 of 1963, hereafter in this Act referred to as the "principal Act ", is hereby amended as follows: -
| (A) in sub-section (1) of that section, in paragraph (h) of that sub-section, by the substitution in sub-paragraph (iv) of that paragraph, for the word "employment,", of the following: - |
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| (B) in sub-section (4) of that section-
| | (1) in paragraph (a) of that sub-section-
| | | (a) in sub-paragraph (ii) of that paragraph-
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| (b) in sub-paragraph (v) of that paragraph, by the substitution, for all the words and figures from " Provided that in the case of an entertainment allowance" to the end of that sub-paragraph, of the following: - |
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| | (2) in paragraph (b) of that sub-section -
| | | (a) by the substitution, for the words " subject to a deduction of twenty per centum, for repairs ", of the following: - |
| (b) by the substitution, for the words " afore said deduction of twenty per centum", of the words " aforesaid deduction of twenty per centum or twenty-five per centum, as the case may be, "; |
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| | (3) in paragraph (c) of that sub-section, by the substitution, for the words " and twenty five per centum of such net annual value of the following:- | | |
| | (4) in paragraph (d) of that sub-section, by the substitution, for the words " twenty per centum of the balance,", of the following: | | |
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Sri Lanka Consolidated Acts