Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Land Reform (Special Provisions) Act (No. 14 of 1986) - Sect 2

Amendment of section 5 of Law No. 1 of 1972

2. Section 5 of the Reform Law, No. 1 of 1972, as amended by the Land Reform (Special provisions) Act, No. 39 of 1981 (hereinafter in this Part of this Act referred to as the principal enactment) is hereby amended by the repeal of subsection (2) of that section and the substitution of the following subsection therefore :-
(2) Where any person becomes by reason of marriage or by way of inheritance, or both, the owner of any agricultural land in excess of the ceiling after the date of enactment of this subsection (1) shall not apply, and such person may transfer by way of sale or otherwise, such excess within a period of two years from the date on which he becomes the owner of such agricultural land. Where such person fails to transfer such excess within such period, such excess shall, upon the expiration of such period
(a) be deemed to vest in the Commission ; and
(b) be deemed to be held by that person under a statutory lease from the Commission.


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]