Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsForeign-owned companies deemed not to have right to recover from owners of lands vested, any sum paid in advance
| 12. Where any sum has been paid in advance by any foreign-owned petroleum company to the owner of any land vested in or requisitioned for, the Corporation as rent for such land for any period after the date on which such land was so vested or requisitioned, such company shall be deemed not to have had or to have any right, at any time, to recover such sum from such owner or from the Corporation, and accordingly, where any action instituted by any such company, against any such owner for the recovery of any such sum is, on the day immediately prior to the date of commencement of this Law, pending before any court, then, such action shall be determined in accordance with the preceding provisions of this section, and for the purpose of such determination, the preceding provisions of this section shall be deemed to have come into force on the day immediately prior to the date on which such action was instituted. |