3.
| (1) Subject to the other provisions of this Act, there shall be imposed-
| | (a) on every person (including a Hindu undivided family but not including a non-resident company having capital in Ceylon) in respect of his leviable capital on March 31, 1971, a levy at the rates specified in the Schedule to this Act, and | | |
| | (b) on every person, being a non-resident company having capital in Ceylon, a levy at the rate of 5 per centum of the leviable capital of that company on March 31, 1971. | | |
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| (2) A levy imposed on any person under sub-section (1) is hereafter in this Act referred to as the " capital levy". |
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| (3) For the purposes of this Act, where an individual has a wife or any child or dependent relative on March 31, 1971, they shall constitute a family and such individual shall be the head of that family. |
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Sri Lanka Consolidated Acts