26. Section 113K of the principal enactment inserted by Act, No. 16 of 1996 hereby amended as follows :
| (1) in subsection (1) of that section, by the substitution for the words "income tax at the rate of three per centum of such specified fee", of the words "income tax at the rate of
| | (i) three per centum of such specified fee where such year of assessment is any year of assessment commencing on or after April 1, 1992 but prior to April 1,1997; and | | |
| | (ii) five per centum of such specified fee where such year of assessment is any year of assessment commencing on or after April 1, 1997."; | | |
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| (2) in paragraph (a) of subsection (2) by the substitution for the words 'on behalf of any other person or partnership", of the words "on behalf of any other person or persons, or partnership or partnerships". |
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Sri Lanka Consolidated Acts