8. Section 33 of the principal enactment is hereby amended in subsection (1) of that section as follows :"
| (1) by the substitution, in the proviso to paragraph (b) of that subsection, for the words " each of the three years of assessment immediately succeeding that year of assessment- " of the words " each of the three year of assessment immediately succeeding that year of assessment; and " ; and |
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| (2) by the addition, at the end of that subsection, of the following paragraph :-
| | " (c) in the case of a public corporation, for any year of assessment commencing on or after April 1, 1988, an amount equal to twenty-five per centum of the balance of its profits, after deduction therefrom of the tax payable under paragraph (a). ". | | |
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Sri Lanka Consolidated Acts