Sri Lanka Consolidated Acts

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Income Tax (Amendment) Act (No. 4 of 1963) - Sect 9

Amendment of section 8 of the principal enactment

9. Section 8 of the principal enactment is hereby amended as follows : -
(a) in subsection (1) of that section by the substitution, for all the words and figures from "Where at any time" to "capital,", of the words and figures " Where the Government of Ceylon makes a contribution to the capital of any corporation established on or after April 1, 1951,";
(b) in subsection (2) of that section, by the substitution, for the words "in which the corporation commences business", of the words "in which the Government of Ceylon makes a contribution to the capital of that corporation ";
(c) in subsection (3) of that section, by the substitution, for all the words and figures from " and accordingly" to the end of that subsection, of the following : -
(d) in the marginal note to that section, by the substitution, for the words " Government-sponsored corporations ", of the words " certain corporations. ".


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