Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Finance (N0. 2) Act (No. 2 of 1963) - Sect 22

Amendment of Chapter 249

22. The Heavy Oil Motor Vehicles Taxation Ordinance is hereby amended by the insertion, immediately after subsection (6) of section 2 of that Ordinance, of the following new subsection: -
" (7)
(a) The rates prescribed in the First Schedule to this Ordinance may, from time to time, be varied by the Minister of Finance by Order published in the Gazette.
(b) Every Order made under paragraph (a) of this subsection shall come into force on the date of its publication in the Gazette or on such later date as may be specified in the Order, and shall be brought before the House of Representatives within a period of one month from the date of the publication of such Order in the Gazette, or, if no meeting of the House of Representatives is held within such period, at the first meeting of that House held after the expiry of such period, by a motion that such order shall be approved. There shall be set out in a schedule to any such motion the text of the Order to which the motion refers.
(c) Any Order made under paragraph (a) of this subsection which the House of Representatives refuses to approve shall, with effect from the date of such refusal, be deemed to be revoked but without prejudice to the validity of anything done thereunder. Notification of the date on which any such Order is deemed to be revoked shall be published in the Gazette.".


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]