9.
| (1) Section 96B of the principal enactment (inserted therein by Law No. 17 of 1972) is hereby amended as follows: -
| | (a) by the repeal of subsection (2) of that section and the substitution therefor of the following new subsection.-
| | | " (2) The first two quarterly instalments for the year of assessment commencing on April 1, 1972, shall be paid on or before the fifteenth day of January, 1973, and the next two quarterly instalments on or before the fifteenth day of February and the thirtieth day of April, 1973, respectively and the quarterly instalments for any subsequent year of assessment shall be paid on or before the fifteenth day of August, November and February of that year of assessment and the fifteenth day of May of the next succeeding year of assessment respectively; |
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| | (b) by the repeal of subsection (6) of that section and the substitution therefor, of the following new subsection : -
| | | "(6) "Where a quarterly instalment of tax or a portion of such instalment is in default, the defaulter shall, in addition to the amount of tax in default, pay as a penalty-
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| | (c) by the addition, at the end of that section, of the following new subsection: | | |
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| (2) The amendment made in section 96B of the principal enactment by paragraph (c) of subsection (1) of this section shall be deemed to have come into force on April 1, 1972, and shall apply to every year of assessment commencing on or after that date. |
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Sri Lanka Consolidated Acts