Sri Lanka Consolidated Acts

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Inland Revenue (Amendment) Act (No. 41 of 1999) - Sect 4

Amendment of section 14 of the principal enactment

4. Section 14 of the principal enactment as last amended by Act No. 52 or 1998 is hereby further amended in sub-paragraph (a) of subsection (1) of that section as follows :-
(1) by the renumbering of sub-paragraphs (xxii) and (xxiii) inserted by Act No. 52 of 1998) as sub-paragraphs (xxiv) and (xxv) respectively, of subsection (1); and
(2) by the addition, immediately after the renumbered sub paragraph (xxv) of that subsection of the following sub-paragraphs :-
"(xxvi) the sale, on or after April 1, 1999, but before April 1, 2000 by any person, of any share held by him in any company, being a company the shares of which are quoted on or before March 31, 2000 in any official list published by any stock exchange licensed by the Securities and Exchange Commission of Sri Lanka ;
(xxvii) change of ownership of any :-
(i) share warrant; or
(ii) financial instrument which is derived from, and dependant on, another financial instrument,


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