Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Law (No. 30 of 1978) - Sect 19

Amendment of section 33 of the principal enactment

19. Section 33 of the principal enactment is hereby amended by the repeal of subsection (2) of that section and the substitution therefor of the following new subsection :-
" (2) Such part of the net wealth of a person, other than an individual who is included in a family or a charitable institution, as is in excess of-
(a) one hundred thousand rupees, for any year of assessment commencing on or after April 1, 1964, but prior to April 1, 1978, and
(b) two hundred thousand rupees, for any year of assessment commencing on or after April 1, 1978,

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