3. Section 9 of the principal enactment is hereby amended in subsection (1) of that section as follows:
| (1) by the insertion, immediately after paragraph (k) of that subsection, of the following paragraph:
| | " (kk) the emoluments earned in any year of assessment by any individual employed on a ship which is
| | | (i) owned or chartered by a company registered under Part VIII of the Companies Act, No. 17 of 1982; and |
| (ii) deemed to be a Ceylon ship by reason of a determination made under paragraph (c) of section 30 of the Merchant Shipping Act, No. 52 of 1971;"; and |
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| (2) by the repeal of sub-paragraph (ii) of paragraph (I) of that subsection and the substitution, of the following sub-paragraph therefor :
| | " (ii) profits and income not exceeding one thousand two hundred rupees from all sources of profits and income other than employment, and accordingly, when any income tax has been paid, by deduction or otherwise, by such individual in any year of assessment, in respect of any profits and income which are exempt under this paragraph, such tax shall, on an application made in writing by such individual within three years ox the end of that year of assessment, be refunded to him;". | | |
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Sri Lanka Consolidated Acts