9. Section 17 of the principal enactment is hereby amended as follows: -
| (1) in subsection (1) of that section, by the substitution, for the words " by Order (hereinafter referred to as a " vesting Order ") vest' , of the words ' by Order (hereinafter referred to as a " vesting Order ") published in the Gazette vest '; |
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| (2) by the insertion, immediately after subsection (3) of that section, of the following new subsections-
| | "(3A) Where the applicant complies with the aforesaid conditions, the Commissioner shall transfer such house together with such extent of land and such rights as is or are appurtenant thereto, to the applicant by an instrument of disposition signed by the Commissioner, subject to the applicant paying the costs of the survey plan and any other document connected with such transfer. No stamp duty shall be payable in respect of the instrument of disposition. | | |
| | (3B) Notwithstanding the provisions of subsection (2) the Commissioner may, where he considers it expedient to do so, transfer a house vested in him under subsection (1) to the applicant on the payment to the Commissioner by the applicant of the prescribed part of the amount determined under this Law as the price payable for such house to the former owner, subject to the condition that the applicant shall execute a mortgage of such house in favour of the Commissioner or any state lending institution specified by the Commissioner, for the payment of the unpaid part of such amount and an additional sum of five per centum of such amount." ; and | | |
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| (3) in subsection (4) of that section, by the substitution, for the words " the provisions of subsections (2) and (3)"'. of the words " the provisions of subsections (2). (3), (3A) and (3B)". |
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Sri Lanka Consolidated Acts