Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Law (No. 30 of 1978) - Sect 10

Amendment of section 16CC of the principal enactment

10. Section 16cc of the principal enactment is hereby amended, in subsection (1) of that section, as follows: -
(1) in paragraph (f) of that subsection, by the substitution, for the expression " in paragraph (d)" of the expression " in paragraph (d); or "; and
(2) by the insertion, immediately after paragraph (f) of that subsection, of the following new paragraph: -
" (g) any sum invested on or after April 1, 1978, in the purchase of ordinary shares, other than existing shares, in any company with which an agreement has been entered into by the Greater Colombo Economic Commission under section 17 of the Greater Colombo Economic Commission Law, No. 4 of 1978.".


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