Sri Lanka Consolidated Acts

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Income Tax (Amendment) Act (No. 4 of 1963) - Sect 14

Amendment of section 13 of the principal enactment. [ 13, 13 of 1959.]

14. Section 13 of the principal enactment is hereby amended as follows :-
(1) in subsection (3) of that section by the substitution, for the words " a year of assessment of the words and figures " a year of assessment commencing before April 1, 1958, " ;
(2) in subsection (4) of that section by the substitution, for the words " a year of assessment", of the words and figures " a year of assessment commencing before April 1, 1958," ;
(3) in subsection (5) of that section by the substitution, for the words " any year of assessment", of the words end figures " any year of assessment commencing before April 1, 1958,";
(4) in subsection (6) of that section by the substitution, for the word " ceases", of the words and figures " ceases in any year of assessment commencing before April 1, 1958," ;
(5) in subsection (9) of that section by the substitution, for the words " a year of assessment ", wherever those words occur in that subsection, of the words and figures a year of assessment commencing before April 1, 1958, " ;
(6) in subsection (10) of that section by the substitution, for the word " ceasing ", of the words and figures " ceasing in any year of assessment commencing before April 1, 1958," ;
(7) in subsection (11) of that section by the substitution, for the words " year of assessment,", of the words and figures " year of assessment commencing before April 1, 1958," ; and
(8) in subsection (12) of that section-
(a) by the substitution, in paragraph (ii) of the proviso to that subsection, for the words " completed; and ", of the word " completed ; " ;
(b) by the substitution, in paragraph (iii) of such proviso, for the word " estate ", of the words " estate ; and " ; and
(c) by the addition of the following paragraph to such proviso : -
" (iv) the provisions of paragraphs (a) and (b) of this subsection and the provisions of paragraph (ii) of this proviso shall apply only to a year of assessment commencing before April 1, 1958.".


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