View All - 2018 Acts Section No : Acts & Ordinances FINANCE ACTMarginal Notes1. This Act may be cited as the Finance Act, No. 35 of 2018.2. Amendment of section 11 of Act, No. 25 of 2003.3. Amendment of section 12 of the principal enactment.4. Amendment of section 7 of Act, No. 5 of 2005.5. Amendment of section 13 of Act, No. 5 of 2005.6. Amendment of section 13A of the principal enactment.7. Retrospective effect.8. Amendment of section 18A of Act, No. 12 of 2012.9. Amendment of the Schedule to the principal enactment.10. Application of the provisions of this part.11. Amendment of section 3 of Act, No. 16 of 1995.12. Amendment of section 4 of the principal enactment.13. Amendment of section 5 of the principal enactment.14. Amendment of section 8 of the principal enactment.15. Amendment of section 8A of the principal enactment.16. Insertion of new section 8B in the principal enactment.17. Repeal of Part VII of Act, No. 10 of 2015.18. Repeal of Part IX of the principal enactment.19. Imposition of Luxury Tax on motor vehicles.20. Collection of tax at the time of importation.21. Collection of tax at the time of registration.22. Certain vehicles to be exempted from the payment of the tax.23. Interpretation.24. Imposition of Vehicle Entitlement Levy.25. Collecting the levy for the period commencing from January 1, 2016 to January 1, 2019.26. Collecting the levy for any period commencing on or after January 1, 2019.27. Certain vehicles to be exempted from the payment of the levy.28. Validation.29. Amendment of the rates of the levy by resolution of Parliament.30. Interpretation.31. Imposition of Annual Company Registration Levy.32. Certain companies to be exempted from payment of the levy.33. Default in payment of the levy.34. Recovery of the Levy in default.35. Validation.36. Imposition of Debt Repayment Levy.37. exemption from the Default in payment of the levy.38. Default in payment of the Levy.39. Interpretation.40. Imposition of Carbon Tax.41. Registered owner to pay the tax.42. Amendment of the rates of the tax by resolution of Parliament.43. Interpretation.44. Imposition of Cellular Tower Levy.45. Default in payment of the levy.46. Recovery of the levy in default.47. Interpretation.48. Imposition of levy on mobile short message services.49. Interpretation.50. Default by body of persons.51. Regulations.52. Sinhala text to prevail in case of inconsistency.