Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAmendment of the Sixth Schedule to the principal enactment
| 11. The Sixth Schedule to the principal enactment is hereby amended by the substitution, for the expression " in Part II of the Fifth Schedule ", of the following: " in Part II of the Fifth Schedule subject however to the variation that for gifts made during the year preceding any year of assessment commencing on or after April 1, 1974, the rate on the first Rs. 50,000 of the value of all taxable gifts shall, in lieu of the 5 per centum specified in that Part of that Schedule, be 3 per centum. |