3. Section 5 of the principal enactment is hereby amended as follows:-
| (1) in sub-paragraph (i) of paragraph (d) of subsection (1) of that section, by the substitution, for the words, "increased by twenty-five per-centum of the words "'increased by ten per centum"; and |
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| (2) by the addition, at the end of that section, of the following subsection:"
| | "(6) In ascertaining the turnover, for any quarter, of any business of exhibiting cinematograph films, there shall be deducted an amount equivalent to any "increase" within the meaning of regulation 2 of the regulations made under section 5 and section 61 of the National Film Corporation of Sri Lanka Act, No. 47 of 1971 and published in Gazette Extraordinary No. 946/9 of October 24, 3996, collected in that quarter, in respect of that business.". | | |
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Sri Lanka Consolidated Acts