Section No :

Legislative Enactments FINANCE Marginal Notes 1. This Act may be cited as the Finance Act, No. 16 of 1996. 2. PART I Repealed by [ 2,4 of 2003] 3. Annual luxury motor vehicle levy. [ 3,24 of 1999] [ 9,15 of 2011] [ 6,12 of 2012] [11, 35 of 2018] 4. Annual semi-luxury motor vehicle levy.[ 4,24 of 1999] [ 9,15 of 2011] [7, 12 of 2012] [12, 35 of 2018] 5. Annual semi-luxury dual purpose motor vehicle levy. [ 5,24 of 1999] [ 9,15 of 2011] [8, 12 of 2012] [2, 12 of 2013] [13, 35 of 2018] 5A. Amendment of rates of luxury , semi luxury and semi- luxury dual purpose motor vehicle levies by Resolution of Parliament. [9, 12 of 2012] 6. Levy to include luxury motor vehicle levy, semi-luxury motor vehicle levy and semi-luxury dual purpose motor vehicle levy. [ 6,24 of 1999] [ 3,4 of 2003] 7. Registered owner to pay the levy, 7A. Exemption from diesel motor vehicle levy for non user. [ 7,24 of 1999] 8. Insurer to collect the levy. [14, 35 of 2018] 8A. When registered owner is the State of a local authority. [ 8,24 of 1999] [15, 35 of 2018] 8B. Levy to be collected at the time of renewal of registration. [16, 35 of 2018] 9. Registered owner to prove payment of the levy. [ 9,24 of 1999] 10. Notice to defaulter. [ 10,24 of 1999] 10A. Power of Commissioner to waive or reduce penalty. [ 11,24 of 1999] 10B. Power of Commissioner to set oft or refund penalty. [ 11,24 of 1999] 11. Recovery of Levy. [ 12,24 of 1999] 12. Section 12 Repealed by [ 13,24 of 1999] . 13. Regulations. 14. Exemptions. 15. Administration 16. Traditional provisions. [ 14,24 of 1999] 17. Interpretation. [ 15,24 of 1999] [ 4,4 of 2003] [3,12 of 2013] 18. Levy of cess on textiles and textile products exported under textile quota allocation. 19. Cess to be paid to the relevant authority. 20. Default of the payment of cess. 21. Cess to be credited to consolidated Fund. 22. Validation of cess imposed under section 18. 23. Transitional provisions. 24. Interpretation. 25. Sinhala text to prevail in case of inconsistency.