2. Section 2 of the Tobacco Tax Act, hereinafter referred to as the " principal Act", is hereby amended as follows : -
| (a) by the repeal of subsection (2) of that section and the substitution therefor of the following subsection : -
| | " (2) The rate of the tobacco tax may from: time to time be varied by the Minister of Finance by Order published in the Gazette.";. | | |
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| (b) by the renumbering of subsection (5) of that section as subsection (5) ; and |
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| (c) by the insertion, immediately after subsection (2) of that section, of the following new subsections :-
| | " (3) Every Order under subsection (2) shall come into force on the date of its publication in the Gazette or on such later date as may be specified in the Order, and shall be brought before the House of Representatives within a period of one month from the date of the publication of such Order in the Gazette, or, if no meeting of the House of Representatives is held within such period, at the first meeting of the House of Representatives held after the expiry of such period, by a motion that such Order shall be approved. There shall be set out in a schedule to every such motion the text of the Order to which the motion refers. | | |
| | (4) Any Order under subsection (2) which the House of Representatives refuses to approve shall, with effect from the date of such refusal, be deemed to be revoked but without prejudice to the validity of anything done thereunder. Notification of the date on which any such Order is deemed to be revoked shall be published in the Gazette.". | | |
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Sri Lanka Consolidated Acts