Sri Lanka Consolidated Acts

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Finance (Amendment) Act (No. 6 of 2003) - Sect 2

Amendment of section 2 of Part I of the Finance Act. No. 11 of 2002,

2. The Finance Act, No. 1 of 2002 (hereinafter referred to as the "principal enactment") (as amended by Act, No. 30 of 2002) is hereby further amended in section 2 of Part I of that Act (Port and Airport Development Levy), by the repeal of the proviso to that section and the substitution therefor of the following proviso :-"Provided that in the case of an article imported into Sri Lanka, for the purpose of processing and re-export, the levy on the cost, insurance and freight value of that article shall be charged and levied at the rate of 0.5 per centum.".


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