Sri Lanka Consolidated Acts

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Debits Tax (Amendment) Act (No. 5 of 2003) - Sect 10

Amendment of section 10 of the principal enactment

10. Section 10 of the principal enactment is hereby amended as follows :"
(1) subsection (1) of that section, b) the substitution for the words "Where a commercial bank reports" and "from a current account maintained" of the words '"Where a commercial bank or specialised bank reports" and "from a current account or savings account maintained".
(2) in subsection (2) of that section by the substitution for paragraph (a) of the following paragraph :"
"(a) the total amount of the debits made from a current account or a savings account maintained at that commercial bank or specialised bank, in any month; or".


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