Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 24 of 1997) - Sect 32

Amendment of the First Schedule to the principal enactment,

32. The First Schedule to the principal enactment as amended by Act No. 16 of 1996, is hereby further amended as follows :
(1) in Part IIG of that Schedule by the substitution, for the words and figures "The rates of income tax for any year of assessment commencing on or after April 1, 1996, shall be as follows:", of the words and figures "The rates of income lax for the year of assessment commencing on April 1, 1996, shall be as follows :";
(2) by the insertion immediately after Part IIG of that Schedule, of the following Part:
(3) Part IV of that Schedule is hereby amended as follows:
(a) in paragraph (c) of that Part by the substitution for the words and figures "for any year of assessment commencing on or after April 1, 1990", of the words and figures "for any year of assessment commencing on or after April 1,1990 but prior to April 1, 1997";
(b) by the addition immediately after paragraph (c) of that Pan, of the following paragraph :
"(d) for any year of assessment commencing on or after April 1,1997- .


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