18.Section 33 of the principal enactment is hereby amended as follows :
| (1)by the substitution, in subsection (1) of that section for the words " company resident in Sri Lanka in any year of assessment", of the words " company resident in Sri Lanka in the year of assessment commencing on April 1, 1979," ; |
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| (2) by the insertion, immediately after subsection (1) of that section, of the following subsection: -
| | " (1A) The income tax to which any company resident in Sri Lanka in any year of assessment commencing on or after April 1, 1980, shall be liable for that year of assessment shall consist of-
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| (3) by the substitution, in subsection (2) of that section, for the words " For the purposes of subsection (1) ", of the words "For the purposes of subsections (1) and (1A) ". |
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Sri Lanka Consolidated Acts