Sri Lanka Consolidated Acts

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Ceiling on Housing Property (Amendment) Act (No. 56 of 1980) - Sect 10

Insertion of new section 39A in the principal enactment

10. The following new section is hereby inserted immediately after section 39, and shall have effect as section 39a, of the principal enactment:
39A.
(1) The Minister may from time to time appoint a panel consisting of fifteen or more members of whom not less than one-third shall be persons with an adequate knowledge of the valuation of land.
(2) For the purpose of constituting a Board of Valuation to determine a reference for an award as to price made under section 22, the Secretary to the Ministry of the Minister shall select from the panel three members to constitute a Board of Valuation.
(3) A person shall be disqualified for being appointed or being a member of the panel if he is a Member of Parliament.
(4) Every member of the panel shall -
(a) subject to the provisions of sub- sections (6) and (11), hold office for such period not exceeding three years as the Minister may determine at the time of appointment; and
(b) be eligible for reappointment.
(5) Any member of the panel may without any reason being assigned therefor, be removed from office by the Minister.
(6) Any member of the panel who is not a public officer may resign from the panel, by letter in that behalf addressed to the Minister.
(7) Where the office of a member of the panel becomes vacant or such member becomes, by reason of illness or other infirmity, or absence from Sri Lanka, temporarily unable to perform the duties of his office, the Minister may appoint another person in place of such member.
(8) The members of the panel shall be remunerated in such manner and at such rates and shall be subject to such conditions of service as may be determined by the Minister with the concurrence of the Minister in charge of the subject of Finance.
(9) Subject to the provisions of this Act, each Board of Valuation may regulate its own procedure at its meetings and in the transaction of business thereat.
(10) The validity of any proceedings of a Board of Valuation shall not be affected by any vacancy among the members or by any defect in the appointment of any member.
(11) Where on the expiration of the term of office of any member of the panel, who has been appointed by the Secretary to the Ministry of the Minister to any Board of Valuation before which there is any reference pending on the day immediately preceding the date of expiration of the term of office of such member, the Minister may extend the term of office of such member, for such period or periods until such reference is determined by such Board.".

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