Sri Lanka Consolidated Acts

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National Housing Development Authority Act (No. 17 of 1979) - Sect 52

Authority may bid for and purchase property mortgaged to it and sold by public auction

52. The General Manager or any person authorized in writing by him may, at a sale by public auction of any land, mortgaged to the Authority as security for any loan, bid for and purchase that land for and on behalf of the Authority

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