17. Section 32 of the principal enactment as amended Amendment by Act, No. 16 of 1996 is hereby further amended as follows :-
| (1) in paragraph (a) of subsection (1) of that section
| | (a) in sub-paragraph (ix) of that paragraph by the substitution, for the words arid figures "any year of assessment commencing on or after April 1, 1996", of the words and figures "the year of assessment commencing on April 1, 1996"; and | | |
| | (b) by the addition at the end of that paragraph of the following sub-paragraph :
| | | "(x) in respect of any year of assessment commencing on or after April 1, 1997, at the appropriate rates specified in Part IIH of the First Schedule to this Act;"; |
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| (2) in the proviso to subsection (1) of that section
| | (a) by the substitution, in sub-paragraph (vi) of that proviso, for the words and figures "for any year of assessment commencing on April 1, 1995 ; " and, of the words and figures "for the year of assessment commencing on April 1,1995 ;"; | | |
| | (b) by the substitution, in sub-paragraph (vii) of that proviso, for the words and figures "for any year of assessment commencing on or after April I, 1996;", of the words and figures "for the year of assessment commencing on April 1, 1996; and"; and | | |
| | (c) by the addition immediately after sub- paragraph (vii), of that proviso, of the following sub-paragraph ;
| | | "(viii) one hundred and forty four thousand rupees for any year of assessment commencing on or after April 1, 1997"; and |
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| (3) in subsection (2) of that section
| | (a) by the substitution, in paragraph (b) of that subsection, for the words ''one million five hundred thousand rupees", of the words "one million eight hundred thousand rupees"; | | |
| | (b) by the substitution, in sub-paragraph (ix) of that subsection for the words and figures "any year of assessment commencing on or after April 1, 1996"; of the words and figures "the year of assessment commencing on April 1, 1996; or"; and | | |
| | (c) by the addition, immediately after sub-paragraph (ix) of that subsection, of the following sub-paragraph :
| | | "(x) Part IIH of the First Schedule to this Act in respect of any year of assessment commencing on or after April 1,1997;". |
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Sri Lanka Consolidated Acts