Inland Revenue (Amendment) Law (No. 1 of 1974)

Sri Lanka Consolidated Acts

Amendment of section 129 of the principal enactment

26. Section 129 of the principal enactment is hereby amended as follows: -

(1) by the insertion, immediately after the definition of " active partner ", of the following definition: -

(2) by the insertion, immediately after the definition of " agricultural undertaking ", of the following definition: -

(3) by the insertion, immediately after the definition of " business ", of the following new definition: -

(4) by the substitution, for the definition of " Commissioner ", of the following new definition: -

(5) by the insertion, immediately after the definition of " company ", of the following new definition: -

(6) by the substitution, for the definition of " dividend ", of the following new definition: -

(7) by the insertion, immediately after the definition of " family ", of the following new definition: -

(8) by the insertion, immediately after the definition of " industrial undertaking " of the following new definition; -

(9) by the insertion, immediately after the definition of " resident ", of the following new definition: -

(10) by the insertion, immediately after the definition of " taxable income ", of the following new definition: -