Sri Lanka Consolidated Acts

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National Housing Development Authority Act (No. 17 of 1979) - Sect 45

Procedure where manager is appointed

45.
(1) Any person authorized by order of the Authority under section 44 in respect of any land shall be entitled generally to take action in terms of the order and in particular
(a) to sell the produce of such land ;
(b) to receive the rents, profits or other income from such land;
(c) to appropriate to himself out of such income such sum, if any, as the Authority may deem fit to fix as remuneration for his services ;
(d) to pay the expenses incurred in the control and management of such land out of the income of such land; and
(e) to remain in possession of such land until all moneys due to the Authority under the mortgage of such land have been fully paid or until he is directed by the Authority to yield possession of such land under subsection (2).
(2) Any person authorized by the order of the Authority under section 44 in respect of any land shall
(a) pay monthly, out of the income of such land, such sum, if any, as the Authority in the discretion of the Authority may fix, to the mortgagor for his maintenance ;
(b) pay quarterly or as otherwise directed by the Authority to such person or persons and in such manner as the Authority may direct the balance of the income from such land remaining after the payments herein before authorized have been made;
(c) keep and render to the Authority at such intervals as the Authority may determine clear and accurate records of all sums received or paid out by him in respect of such land; and
(d) yield possession of such land to the mortgagor or some other person as directed by the Authority and to pay to the Authority any balance of the income from such land remaining in his hands after the payments herein before authorized have been made.
(3) The Authority shall, when all sums due to the Authority under the mortgage have been fully paid, surrender possession of the mortgaged land to the mortgagor and return to him any balance remaining out of the income from such land.


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