2.
| (1) The maximum number of houses which may be owned by an individual who is a member of a family shall be such number of houses which together with the number of houses owned by the other members of that family is equivalent to the number of dependent children, if any, in that family, increased by two. |
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| (2) The maximum number of houses which may be owned by an individual who is not a member of a family shall be two. |
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| (3) The maximum number of houses which may be owned by any body of persons, corporate or unincorporate, shall be such number of houses as is determined by the Commissioner to be necessary for the purpose of providing residence to the employees and functionaries of such body or of carrying out the objects (other than any object for the letting of houses on rent) of such body: |
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| (4) The maximum number of houses which may be owned by any person according to the preceding provisions of this section is hereinafter referred to as the "permitted number of houses ". |
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| (5) An individual shall for the purposes of this Law be deemed to be a member of a family if such individual has a spouse or a dependent child or is a dependent child of any individual. |
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Sri Lanka Consolidated Acts