Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAmendment of section 12 of the principal enactment
| 7. Section 12 of the principal enactment is hereby amended by the substitution for the words ''specified form for registration under this Act'' of the words "specified form for registration under this Act : Provided, however, the Commissioner-General may. after affording the applicant an opportunity of being heard, and having regard to the nature of the business carried on or carried out by such applicant, the value of the taxable supplies made by such applicant in the two preceding taxable periods and the probability that the value of his taxable supplies will not exceed the value referred to in section 10, refuse to register such applicant:'. |