Section No : Legislative Enactments TOURISUM DEVELOPMENT LEVYMarginal Notes1. This Act may be cited as the Finance Act, No. 25 of 2003 and shall come into operation on September 1,2003.11. Imposition of levy on institutions licensed under the Tourist Development Act. [ 29,11 of 2004]12. Method of payment of Tourism Development Levy. 13. Definition of Turnover.