12. Section 180 of the principal enactment is hereby amended by the addition, immediately after subsection (3) thereof, of the following new subsection :-
| (4) The Council shall allow a discount of ten per centum of the amount of any annual rate payable under this section, if such rate is paid on or before the thirty- first day of January of that year or where such rate is payable in instalments the Council shall allow a discount of five per Centura of the amount of instalment of rate due if such amount is paid within the first one month of the period for which the instalment of rate is due.". |
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Sri Lanka Consolidated Acts