National Security Levy (Amendment)

Link to law: http://www.lawnet.lk/process.php?st=1996Y0V0C36A&hword=%27%27&path=2
Published: 1996

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National Security Levy (Amendment)
National Security Levy (Amendment)




AN ACT TO AMEND THE NATIONAL SECURITY LEVY ACT, No. 52 OF 1991








BE it enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows :-



[31st December

, 1996 ]













Short title.



1. This Act may be cited as the National Security Levy (Amendment) Act, No. 36 of 1996.



Amendment of the long title of Act, No. 52 of 1991.



2. The long title of the National Security Levy Act, No. 52 of 1991 (hereinafter referred to as "the principal enactment") is hereby amended by the substitution, for the words and figures, "FOR THE YEARS COMMENCING RESPECTIVELY, ON JANUARY 1,1992, ON JANUARY 1,1993, ON JANUARY 1,1994, ON JANUARY 1,1995, AND ON JANUARY 1,1996, "OF THE WORDS AND FIGURES" FOR THE YEARS COMMENCING RESPECTIVELY ON JANUARY 1, 1992, ON JANUARY 1,1993, ON JANUARY 1,1994, ON JANUARY 1,1995, ON JANUARY 1,1996 AND ON JANUARY 1, 1997".



Amendment of section 3 of the principal enactment.



3. Section 3 of the principal enactment is hereby amended as follows :-





(1) in subsection (1) of that section by the substitution, for the words and figures "for every quarter of the years commencing respectively, on January 1,1992, on January 1,1993, on January 1,1994, on January 1,1995, and on January 1,1996", of the words and figures "for every quarter of the years commencing respectively, on January 1,1992, on January 1,1993, on January 1,1994, on January 1,1995, on January 1,1996, and on January 1,1997" ; and



(2) in subsection (2) of that section-





(a) by the substitution, in paragraph (f) of that subsection for the words "for sale in any duty free shop ; and", of the words " "for sale in any duty free shop ;",



(b) by the substitution, in paragraph (g) of that subsection for the words "taken out of Sri Lanka for repairs.", of the words "taken out of Sri Lanka for repairs ; and" ;



(c) by the addition, at the end of that subsection, of the following paragraph :-





"(h) the value of any spare part imported by any airline or shipping company, if proved to the satisfaction of the Commissioner General, that such spare part is to be used in Sri Lanka for the repair or maintenance of any aircraft or ship, used in international traffic and owned or chartered by such airline or shipping company.".



Amendment of section 4 of the principal enactment.



4. Section 4 of the principal enactment is hereby amended by the repeal of paragraph (f) of that section and the substitution of the following paragraphs therefor :-





"(f) for every quarter commencing on or after January 1, 1996, but prior to January 1, 1997-





(i) an amount equivalent to-





(A) four and one half per centum of the turnover of that person, not being turnover referred to in item (B) of this sub paragraph ; and



(B) two per centum of the turnover of that person arising from the import or manufacture of any plant, machinery or equipment, not being any motor car, motor coach or lorry within the meaning of the Motor Traffic Act (Chapter 203)



for the first month of that quarter, on or before the fifteenth day of the second month of that quarter ;



(ii) an amount equivalent to -





(A) four and one half per centum of the turnover of that person, not being turnover referred to in item (B) of this sub paragraph ; and



(B) two per centum of the turnover of that person arising from the import or manufacture of any plant, machinery or equipment, not being any motorcar, motor coach or lorry within the meaning of the Motor Traffic Act (Chapter 203;)



for the second month of that quarter, on or before the fifteenth day of the third month of that quarter ; and



(iii) the amount of the levy payable by such person for that quarter reduced by the aggregate of the amounts paid by him in accordance with the provisions of subparagraph(i) and subparagraph (ii) of this paragraph, on or before the fifteenth day of the month immediately succeeding the end of that quarter ; and



(g) for every quarter commencing on or after January 1, 1997 but prior to January 1, 1998-





(i) an amount equivalent to-





(A) four and one half per centum of the turnover of that person, not being turnover referred to in item (B) of this subparagraph ; and



(B) one half per centum of the turnover of that person arising from the import or manufacture of any plant, machinery or equipment, not being any motor car, motor coach or lorry within the meaning of the Motor Traffic Act (Chapter 203)



for the first month of that quarter, on or before the fifteenth day of the second month of that quarter ;



(ii) an amount equivalent to-





(A) four and one half per centum of the turnover of that person, not being turnover referred to in item (B) of this subparagraph ; and



(B) one half per centum of the turnover of that person arising from the import or manufacture of any plant, machinery or equipment, not being any motor car, motor coach or lorry within the meaning of the Motor Traffic Act (Chapter 203)



for the second month of that quarter, on or before the fifteenth day of the third month of that quarter ; and



(iii) the amount of the levy payable by such person for that quarter reduced by the aggregate of the amounts paid by him in accordance with the provisions of subparagraph (i) and subparagraph (ii) of this paragraph, on or before the fifteenth day of the month immediately succeeding the end of that quarter.".



Amendment of the schedule to the principal enactment.



5. The Schedule to the principal enactment is hereby amended by the addition, immediately after item 6 of that Schedule, of the following item :-





"7, For any quarter commencing on or after January 1, 1997 but prior to January 1, 1998-





(i) on the turnover other than turnover referred to in paragraph (ii) of this item 4.5 per centum



(ii) on the turnover arising from the import or manufacture of any plant, machinery or equipment, not being any motor car, motor coach, or lorry within the meaning of the Motor Traffic Act (Chapter 203) 0.5 per centum".



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.