6. Section 54 of the principal enactment as amended by Act No. 27 of 1991 is hereby further amended as follows:
| (1) in subsection (1) of that section-
| | (a)by the substitution for the words, "an allowance for unused or spoiled stamps in the following instances:", of the words, " an allowance for unused or spoiled stamps or where stamp duty has been paid other than by affixing stamps, in the following instances: " ; | | |
| | (b) by the substitution, in paragraph (e) of that subsection, for the words, "has not been made use of in any manner whatsoever. ", of the words, "has not been made use of in any manner whatsoever ; " ; and | | |
| | (c) by the addition, immediately after paragraph (e) of that subsection, of the following new paragraph:
| | | " (f) where a letter of credit, issued in pursuance of a duly stamped application made for such letter of credit has been made use of only in part, so however that allowance made shall be on such part of the stamp duty paid as is attributable to that part of the value the letter of credit which has not been made use of. ' ; |
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| (2) in subsection (2) of that section, by the substitution for the words, " from the date of purchase of the unused or spoiled stamps.", of the words, " from the date of purchase of the unused or spoiled stamps, or from the date of payment of the stamp duty, as the case may be." ; and |
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| (3) by the repeal of subsection (3) of that section and the substitution therefore of the following subsection
| | " (3) the Commissioner-General may, on an application for an allowance under subsection (1)
| | | (a) where the stamps are unused or spoiled, give to the applicant either
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| (b) where stamp duty has been paid other than by affixing stamps, refund the stamp duty paid, after deducting five per centum of the duty so paid". |
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Sri Lanka Consolidated Acts