4. Section 3 of the principal enactment is hereby repealed and the following section substituted therefor :-
| 3.
| | (1) The owner of any Condominium Property any Provisional Condominium property or any semi Condominium Property as the case may be, may make application in the prescribed form to the Registrar with the prescribed fee for the registration of a Condominium Plan, or a Provisional plan ' Condominium Plan or a semi Condominium Plan as the case may be. | | |
| | (2) The owner of any land parcel on which there is a completed building capable of being subdivided under section 2 and which is certified by the General Manager of the Condominium Management Authority , to be fit for occupation or use shall, make application within the period specified in paragraph (a) or (b) as the case may be , in the prescribed form with the prescribed fee to the Registrar, for the registration of a Condominium Plan which shall accompany such application, if at any time he has sold or in agreement to sell-
| | | (a) within eighteen months from the date of such first sale or in agreement to sell or three months from the date of the completion of such building whichever is earlier ; |
| (b) within six months from the date of completion of such building, if the sale or agreement to sell of any parcel of the building, of which the first of such sale or agreement to sell took place, after the date of
completion of such building. |
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| | (3)
| | | (a) The owner shall make an application to the General Manager of the Condominium Management Authority, to obtain an extension of the time period specified under subsection (2). |
| (b) Where an application is made under paragraph (a) by the owner to the General Manager by the Condominium Management Authority may, in consultation of the Registrar grant an extension for a further period not exceeding six months. |
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| | (4) Any person who contravenes the provisions of subsection (2) or subsection (3) as the case may be shall be guilty of an offence and be liable on conviction after summary trial before a Magistrate to a fine not exceeding rupees fifty thousand and to a further fine not exceeding rupees one thousand for each day the offence continues to be committed, after such conviction.". | | |
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Sri Lanka Consolidated Acts