Sri Lanka Consolidated Acts

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Defence Levy (Amendment) Act (No. 36 of 1992) - Sect 3

Amendment of section 4 of the principal enactment

3. Section 4 of the principal enactment is hereby amended by the repeal of Paragraphs (a), (b) and (c) of that section and the substitution therefor, of the following paragraphs :
" (a) for the quarter commencing on January 1, 1992 -
(i) an amount equivalent to one per centum of the turnover of that person for the first month of that quarter , on or before the fifteenth and of the second month of that quarter;
(ii) an amount equivalent to one per centum of the turnover of that person for the second month of that quarter, on or before the fifteenth day of the third month of that quarter ; and
(iii) the amount of the levy payable by such person for that quarter reduced by the aggregate of the amounts paid by him in accordance with the provisions of sub-paragraph (i) and of sub-paragraph (ii) of this paragraph, on or before the fifteenth day of the month immediately succeeding the end of that quarter ;
(b) for the quarter commencing on April 1, 1992
(i) an amount equivalent to one per centum of the turnover of that person for the first month of that quarter, on or before the fifteenth day of the second month of that quarter :
(ii) an amount equivalent to three per centum of the turnover of that person for the second month of that quarter, on or before the fifteenth day of the third month of that quarter ; and
(iii) the amount of the levy payable by such person for that quarter reduced by the aggregate of the amounts paid by him in accordance with the provisions of sub-paragraph (i) and of sub-paragraph (ii) of this paragraph, on or before the fifteenth day of the month immediately succeeding the end of that quarter ;
(c) for every quarter commencing on or after July 1, 1992-
(i) an amount equivalent to three per centum of the turnover of that person for the first month of that quarter, on or before the fifteenth day of the second month of that quarter;
(ii) an amount equivalent to three per centum of the turnover of that person for the second month of that quarter, on or before, the fifteenth day of the third month of that quarter ; and
(iii) the amount of the levy payable by such person for that quarter reduced by the aggregate of the amounts paid by him in accordance with the provisions of sub-paragraph (i) and of sub-paragraph (ii) of this paragraph, on or before the fifteenth day of the month immediately succeeding the end of that quarter. "


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