Sri Lanka Consolidated Acts

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Government Officers' Benefit Association (Incorporation) Act (No. 27 of 1971) - Sect 15

Restriction on sale, etc., of land

15. It shall not be lawful for the Corporation to sell, exchange or mortgage, or otherwise dispose of, encumber or charge, other than to lease, any of the lands held by the Corporation except by a resolution passed by a majority of not less than three-fourths of such members of the Corporation entitled to vote under the rules of the Corporation as are present at a general meeting of the members.


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