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| Finance (Amendment) |
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| AN ACT TO AMEND THE FINANCE ACT, NO. 16 OF 1995 | | |
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| BE it enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows :- | |
| [27th February , 2003 ] |
Short title
| 1. This Act may be cited as the Finance (Amendment) Act, No. 4 of 2003. | Repeal of Part I of Chapter I of Act No 16 of 1995
| 2. Part I of Chapter I of the Finance Act, No. 16 of 1995, (section 2) as amended by Act, No. 24 of 1999 (hereinafter referred to as the "principal enactment") is hereby repealed. | Amendment of section 6 of the principal Enactment
| 3.Section 6 of the principal enactment is hereby amended as follows: | (1) by the substitution for the words "includes the diesel motor vehicle levy, luxury motor vehicle levy," of the words "includes the luxury motor vehicle levy,"; and | | (2) in the marginal note to that section, by the substitution for the words "include diesel motor vehicle levy, luxury motor vehicle levy,", of the words "include luxury motor vehicle levy,". | | Amendment of section 17 of the Principal enactment
| 4. Section 17 of the principal enactment is hereby amended by the repeal of the definition of the expression "specified motor vehicle" and the substitution therefor of the following definition : | | "specified motor vehicle" means any luxury motor vehicle, any semi luxury motor vehicle or any semi luxury dual purpose motor vehicle;". | Retrospective this effect.
| 5. The amendments made to the principal enactment by Act, shall be deemed for all purposes to have come into force on October 12, 2001. | Sinhala text to prevail in case of inconsistency.
| 6. In the event of any inconsistency between the Sinhala and Tamil texts of this Act. the Sinhala text shall prevail. | |
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