3.
| (1) Section 5 of the principal enactment, as last amended by Law No. 1 of 1974, is hereby further amended in subsection (1) of that section as follows:
| | (a) by the substitution, for paragraph (ad) of that subsection, of the following new paragraph:
| | | "(ad) for any year of assessment commencing on. or after April 1, 1978, the profits and income derived by the owner or cultivator of any paddy land from the sale of paddy cultivated on such land.
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| | (b) by the insertion, immediately after paragraph (cc) of that subsection (inserted therein by Act No. 33 of 1971) of the following new paragraph:
| | | " (ccc) the profits and income of the Coconut Development Authority, the Coconut Research Board, and the Coconut Cultivation Board, established by or under the Coconut Development Act, No. 46 of 1971;". |
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| (2) The amendment made in section 5 of the principal enactment by paragraph (a) of subsection (1) of this section shall be deemed to have come into operation on January 10, 1974, being the date on which Law No, 1 of 1974; came into force. |
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Sri Lanka Consolidated Acts