10.
| (1) The contribution payable under this Act by a person in respect of income derived from sources other than employment during the relevant period shall be paid to the Commissioner in four quarterly instalments on or before April 15, 1971, July 15, 1971, October 15, 1971 and January 15, 1972, respectively and each such instalment shall be in respect of each successive period of three months in the relevant period. The amount of an instalment which any person who is an employee has to pay under this subsection in respect of income from sources other than employment shall be determined on the basis of his total income. |
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| (2) Any person who under this section pays an instalment of his contribution to the Fund shall furnish to the Commissioner at the time he pays such instalment a statement in the prescribed form setting out the income of that person from sources other than employment and the amount paid by him as an instalment of his contribution. |
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| (3) Where any person fails to pay in accordance With the provisions of sub-section (1) the whole or a part of his instalment of contribution for any quarter, the Commissioner or an Assessor authorized by the Commissioner may by notice in writing direct such person to pay to the Commissioner the sum of money specified in the notice on or before a date specified therein. Such sum shall be deemed to be in default and such person shall be deemed to be a defaulter unless such person on or before such date either pays such sum or pays the sum which he ought to have paid in respect of such instalment of contribution and furnishes the statement referred to in Sub-Section (2). |
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Sri Lanka Consolidated Acts