Turnover Tax (Amendment)

Turnover Tax (Amendment)

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

[15th March
, 1991
Short title.

1. This Act may be cited as the Turnover Tax (Amendment) Act, No. 13 of 1991.

Amendment of section 50A of Act No. 69 of 1981.

2. Section. 50A of the Turnover Tax Act, No. 69 of 1981 hereinafter referred to as the “principal enactment “) is hereby amended in subsection (1) of that section, by the substitution, for the words and figures, ” on or after April ., 1989,”, of the words and figures, ”on or after April 1,1989, but prior to January 1, 1991, “.

Amendment of section 59 of the principal enactment.

3. Section 59 of the principal enactment is hereby amended by the repeal, of paragraph (2) of the definition of ” authorised representative”, and the substitution therefor, 01 the following; paragraph: ”

” (2) who is authorised in writing from time to time by a person, to act on behalf of such person for the purposes of this Act, in respect of matters relating to such year of assessment as is specified in. the authorisation and who-

(i) being an individual registered as an auditor under the Companies (Auditors) Regulations, is approved by the Commissioner-General ; or

(ii) is an individual approved by the Commissioner-General for the purposes of the Inland Revenue Act, No. 28 of 1979, under regulations made under that Act, in that behalf ; “.

Sinhala text to prevail in case of inconsistency.

4 In the event of any inconsistency between the Sinhala and Tamil texts of this Act, the Sinhala text shall prevail.