110. The sum required to be retained under section 109 by the purchaser of a motor car to which this Part of this Act applies for the purposes of payment to the Registrar shall be calculated in the following manner: -
| (a) if that motor car was bought by the owner from a dealer of motor cars and was unused at the time he bought it, a sum equivalent to eighty per centum of the difference between-
| | (i) the price to be paid by the purchaser of that motor car, and | | |
| | (ii) the aggregate of the price paid for that motor car by the owner to that dealer and the sum of rupees two hundred and fifty as expenses of the sale of that motor car; | | |
|
|
| (b) if that motor car was imported into Ceylon by the owner of that motor car, a sum equivalent to eighty per centum of the difference between-
| | (i) the price to be paid by the purchaser of that motor car, and | | |
| | (ii) the aggregate of the price paid by that owner for that motor ear (inclusive of carriage, insurance, freight and customs duty), and a sum of rupees two hundred and fifty as expenses of the sale of that motor car to the purchaser; | | |
|
|
| (c) if that motor car was bought second-hand by the owner of that motor car, an amount equivalent to eighty per centum of the difference between-
| | (i) the price to be paid by the purchaser of that motor car, and | | |
| | (ii) the aggregate of the amount determined by the Registrar as the price paid by the owner for that motor car at the time he bought it and a sum of rupees two hundred and fifty as expenses of the sale of that motor car to that purchaser. | | |
|
|
|
Sri Lanka Consolidated Acts