40. Section 162A of the principal enactment is hereby repealed and the following section substituted therefor:-
| 162A. The Commissioner - General shall not, subject to the provisions of section 4 of the Inland Revenue (Regulation of Amnesty) Act, No. 10 of 2004, commence any action under sections 148, 149, 150, 151 or 152 of this Act for the recovery of tax in default, after the expiry of five years from the end of the year of assessment in which the assessment by which such tax was charged or levied becomes final and conclusive under section 142". |
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Sri Lanka Consolidated Acts