22. Section 33 of the principal enactment is hereby amended as follows :"
| (1) in subsection (1) of that action, by the substitution, for the words " any dividend payable to any shareholder in the form of money ", of the words, " any dividend payable to any shareholder, other than any shareholder whose profits and income are exempt from income tax under paragraph (a) of section 8 in the form of money " ; |
|
| (2) in subsection (2) of that section"
| | (i) in paragraph (d) of that subsection"
| | | (a) by the insertion, immediately after sub-paragraph (iii) of that paragraph of the following sub paragraph :
|
| (b) by the insertion immediately after sub-paragraph (iv) of that paragraph of the following sub-paragraphs :
|
|
| | (ii) in paragraph (f) of that subsection, by the substitution, for the words and figures " referred to in sub-paragraph (ii), or (iii), or (iv) of paragraph (d) ", of the words and figures, "referred to in sub-paragraph (ii), or (iia), (iii), or (iv), or (iva), (ivh), of paragraph (d) "; | | |
|
|
| (3) in subsection (2A) of that section"
| | (a) by the substitution, in paragraph (ii) of that subsection ,for the words and figures, " commencing on or after April 1, 1988.", of the words and figures, "commencing on or after April 1, 1988, ", and | | |
| | (b) by the addition, immediately after paragraph (ii) of that subsection, of the following paragraph :
| | | " " (iii) any payments made in that year of assessment, in respect of tax under section 32B or section 32n or section 32K for any year of assessment commencing on or after April 1, 1994. ". |
|
|
|
|
Sri Lanka Consolidated Acts