6. Section 12 of the principal enactment is hereby amended in subsection (1) of that section as follows :
| (1) in paragraph (b), by the substitution for the words " year of assessment if such house is used ", of the words and figures " year of assessment if the construction of such house was or is completed on or before March 31, 1989, and is used "; and |
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| (2) by the insertion immediately after paragraph (b) of that subsection of the following new paragraph:
| | " (bb) the income accruing to the owner of a house for the year of assessment in which the construction of that house was completed if the construction of such house is completed on or after April 1, 1989, and is used solely for residential purposes and
| | | (i) is occupied by the owner thereof; or |
| (ii) has a floor area (inclusive of the thickness of the walls) not exceeding two thousand square feet: |
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Sri Lanka Consolidated Acts