9.
| (1) Upon registration of a Condominium Plan, the building depicted therein shall be deemed to be divided into the units identified therein, and each such unit shall be deemed to have appurtenant thereto in undivided shares such proportion of the land and other common elements defined in the Condominium Plan as the floor area of the unit bears to the aggregate floor area of all the units comprised in the Plan. |
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| (2) Notwithstanding anything to the contrary in any other law, but subject to the provisions of this Law, after the registration of a Condominium Plan, any unit depicted therein together with the common elements appurtenant thereto may be held and dealt with in the same manner and form as any land. |
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| (3) Upon registration of a Condominium Plan, each unit depicted therein together with the common elements appurtenant thereto shall be deemed to be absolutely owned by the person or persons described in the Plan as the owner or owners of the Condominium Property without prejudice to the right of any other person to obtain monetary compensation for any loss suffered as a result of any interest he had in the Condominium Property before such registration, being adversely affected. |
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Sri Lanka Consolidated Acts