Sri Lanka Consolidated Acts

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Apartment Ownership (Amendment) Act (No. 39 of 2003) - Sect 15

Replacement of section 10 of the principal enactment

15. Section 10 of the principal enactment is hereby repealed and the following section substituted therefor :-
10.
(1) No person acquiring an title or interest or benefit in any condominium parcel of a registered Condominium Property or of a registered Semi Condominium Property shall be entitled to such title or interest, or benefit, unless such title, or interest or benefit is registered under the provisions of Registration of Title Act. No. 21 of 1998.
(2) Upon accepting for registration, of any instrument for conveying title or interest or benefit in a condominium parcel, the Registrar shall register same in the title register in respect of relevant condominium parcel in the prescribed manner and make suitable cross references to registered Condominium Plan, or registered Semi Condominium Plan.
(3) The provisions of sections 40, 41, 42, 43, 44, 45, 46, 47, 48 and 49 of the Registration of Title Act, No. 21 of 1998, shall, mutatis mutandis, apply in respect of subsequent transaction relating to registered condominium parcel,".


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