Sri Lanka Consolidated Acts

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Finance Act (No. 11 of 1963) - Sect 88

Applications for approval to sell motor cars to which this Part of this Act applies

108.
(1) Every application by the owner of a motor car to which this Part of this Act applies for approval to sell that motor car shall be made to the Registrar in such form as may be provided by the Registrar for the purpose and the application shall contain all such information as the Registrar may require for the disposal of the application.
(2) Upon receipt of an application under subsection (1), the Registrar may-
(a) approve, subject to the condition specified in section 109, the application for the sale of the motor car to the person to whom the owner of that motor car intends to sell that car; or
(b) direct such owner to sell that motor car either by auction sale or tender through the Registrar or any other organization as the Registrar may nominate, subject to the condition specified in section 109.


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