Sri Lanka Consolidated Acts

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Ceiling on Housing Property Law (No. 1 of 1973) - Sect 42

Restriction on cost of constructing houses

42. Where any person constructs a house the cost per square foot of the floor area of which exceeds such amount as the Minister may, from time to time, fix by Notification published in the Gazette, he shall be guilty of an offence under this Law, and shall, on conviction after summary trial before a Magistrate, be liable to a fine not less than three times the amount by which the cost of constructing such house exceeded the cost of construction as determined according to the amount fixed by the Minister.


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