9. Section 17G of the principal enactment is hereby repealed and the following section substituted therefor :"
| 17G.
| | (1) Such part of the profits and income within the meaning of paragraph (a) of section 3 (other than any profits and income from the sale of capital assets), of any undertaking for the transport of passengers, as consists of the profits and income from the operation of any specified omnibus shall be exempt from income tax for a period of three years from the date of the first registration of that omnibus by the Registrar of Motor vehicles. | | |
| | (2) For the purposes of this section"
| | | (i) "specified omnibus" means any omnibus which"
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Sri Lanka Consolidated Acts