2.by the insertion, immediately after the renumbered No 1 of 1973 (hereinafter referred to as the "principal enactment") is hereby amended as follows: -
| (1) by the renumbering of that section as subsection (1) of that section; and |
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| (2) by the insertion, immediately after the renumbered subsection (1) of that section, of the following subsection :
| | (2) Where any person constructs a house for the purpose of sale, being a house comprised in a housing project approved by the Minister by Order published in the Gazette as being essential to the implementation of the housing development policy of the Government, such person shall be deemed for the purposes of this Law, not to own such house if
| | | (a) such house is not occupied by such person before it is sold ; and |
| (b) such house is sold within twenty years of the date on which it was, in the opinion of the Commissioner, ready for occupation.". |
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Sri Lanka Consolidated Acts