Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 26 of 1968) - Sect 2

Amendment of section 8 of Act No. 4 of 1968

2. Section 3 of the Inland Revenue Act, No. 4 of 1963, hereinafter referred to as the "principal Act ", is hereby amended in sub-section (4) of that section by the substitution, in sub-paragraph (ii) of paragraph (a) of that sub-section, for the words "any sum refunded " of the words " any sum paid on or after April 1, 1967, from a regulated provident fund to an employee (other than such part of that sum as represents his contributions to that fund, and such part of that sum as represents the contributions made by the employer to that fund prior to April 1, 1968, and the interest which accrued on such contributions made by the employer if, but only if, in respect of such contributions made by the employer, and the interest which accrued on such contributions made by the employer, tax at the rate of fifteen per centum has been paid by such employer), any sum refunded ".


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