Sri Lanka Consolidated Acts

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Ceylon Petroleum Corporation (Amendment) Law (No. 2 of 1976) - Sect 12

Insertion of new section 38A in the principal enactment

12. The following new section is hereby inserted immediately after section 38, and shall have effect as section 38A, of the principal enactment: -
38A.
(1) The provisions of sections 38 and 39 shall, mutatis mutandis, apply to the taking of possession of any property belonging to the Corporation on the termination of any agreement under which such property was let or leased for the purpose of being used as a distribution outlet of petroleum,
(2) Where an agreement under which any property belonging to the Corporation was let or leased for the purpose of being used as a distribution outlet of petroleum is terminated, the person in occupation of such property shall remove or cause to be removed from such property any fixture or movable property belonging to him and hand over vacant possession of such property to the authorized officer on or before the date specified in the notice given under section 38.
(3) Any person who fails to comply with the requirements of subsection (2) shall be guilty of an offence and shall, on conviction after trial before a Magistrate, be liable to Imprisonment of either description for a term not exceeding six months or to a fine not exceeding one thousand rupees, and In the case of a continuing offence to an additional fine not exceeding fifty rupees for each day during which such offence Is continued after conviction thereof. "


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