27. Section 113A of the principal enactment is hereby amended in subsection (1) of that section as follows: "
| (1) by the substitution, for the words and figures, "in any year of assessment commencing on or after April 1, 1986, on any sum of money deposited with it by a person in his own name or in the name of some other person being in either case a person chargeable with income tax under this Act, income tax at the rate of twenty per centum of the interest so payable. ", of the following words and figures : " |
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| (2) in the proviso to that subsection by the substitution, for the words and figures " 20 per centum ", wherever those words and figures occur in that proviso, of the words and figures " 15 per centum ". |
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Sri Lanka Consolidated Acts