17. In respect of each year of assessment commencing on or after April 1, 1961,-
| (a) section 7 of the Personal Tax Act, No. 14 of 1959, shall have effect as if for all the words from " Such part" to " rupees in value ", there were substituted the words "Where the net wealth of the head of that family for that year of assessment amounts to or exceeds two hundred thousand rupees, such net wealth ", and |
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| (b) section 8 of that Act shall have effect as if for all the words from " Such part" to " rupees in value", there were substituted the words "Where the net wealth for any year of assessment of a person who is not included in a family amounts to or exceeds two hundred thousand rupees, such net wealth ". |
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Sri Lanka Consolidated Acts