2. The following new section is hereby inserted immediately after section 87 of the Stamp Ordinance (hereinafter referred to as the " principal enactment ")and shall have effect as section 87A of that enactment:
| 87A.
| | (1) Where any person making payments to employees in respect of their employment satisfies the Commissioner that it is impracticable or inexpedient for such employees to give duly stamped receipts under section 34 in respect of such payments, the Commissioner may, by notice in writing, direct such person-
| | | (a) to deduct from the amount of any such payment as is specified in the notice, the stamp duty payable on the receipt relating to such payment,
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| (b) to remit at such intervals as are specified in the notice the sums deducted under paragraph (a), and
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| (c) to deliver to the Commissioner, accounts -relating to the sums deducted under paragraph (a) at such intervals, in such form and containing such particulars as are specified by the Commissioner in the notice.
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| | (2) Notwithstanding anything in section 34, it shall not be necessary for any person receiving any payment referred, to in a notice under subsection (1) to give in respect of that payment a duly stamped receipt. | | |
| | (3) Any person who fails to comply with any direction given in a notice issued to him under subsection (1), shall be liable to pay as penalty a sum equal to ten rupees per centum upon j the amount of duty payable, and a like penalty for every month after the first month during which the failure continues. | | |
| | (4) The duty and penalty require to be paid under this section may be recovered as if they were required to be paid under Chapter IV." | | |
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Sri Lanka Consolidated Acts