Sri Lanka Consolidated Acts

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Estates (Control Of Transfer And Acquisition) Act (No. 2 of 1972) - Sect 17

Payment of compensation

17.
(1) Where no claim to the compensation payable in respect of any estate is received in response to the notice under section 16 from any person other than the person from whom that estate was acquired, the Permanent Secretary shall cause such compensation, less any sum required by or under this Act to be deducted therefrom, to be paid to the person from whom that estate was so acquired.
(2) Where any claim to compensation payable in respect of any such estate is received in response to the notice under section 16 from any person other than the person from whom that estate was acquired, then, if every such claimant and the person from whom that estate was so acquired amicably agree in writing as to the persons entitled to the compensation and the apportionment of the compensation among them, the Permanent Secretary shall cause the compensation, less any sum required by or under this Act to be deducted therefrom, to be apportioned and paid to such persons according to such agreement. If there is no such agreement, the Permanent Secretary shall cause the compensation, less any sums required by or under this Act to be deducted therefrom, to be paid to any District Court to be drawn by the persons entitled thereto.


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