Sri Lanka Consolidated Acts

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Air Navigation (Special Provisions) Act (No. 55 of 1992) - Sect 3

Amendment of section principal enactment

3. Section 21A of the principal enactment is hereby amended by the repeal of subsections (8) and (9) of that section and the substitution therefor of the following subsections : "
(8) ALL movable and immovable property vested in "the Director of Civil Aviation and made available to the Agent by the Minister under this Act, shall with effect from January 20, 19S2, be deemed to be property held by the Agent for and on behalf of the State and it shall be lawful for the Agent to deal with such property, subject to subsection (9), in any manner whatsoever.
(9) The Agent shall maintain in good order all movable and immovable property which it holds for and on behalf of the State and shall not give such immovable property on lease for any period in excess of a period of ten years without the prior consent in writing of the Secretary to the Ministry of the Minister. ".


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