8. Section 28 of the principal enactment is hereby replaced and the following new section substituted therefore:-
| 28.
| | (1) A person authorized or required to pay the estate duty in respect of any property shall, for the purpose of paying the duty, or raising the amount of the duty when already paid, have power, whether the property is or is not vested in him, to raise with the consent of the Public Trustee the amount of such duty and any interest and expenses properly incurred or paid by him in respect thereof, by the sale or mortgage of, or by a terminable charge on, that property or any part thereof. | | |
| | (2) A person haying a limited interest in any property, and a lessee or mortgagee of any property, who pays the estate duty in respect of that property, shall be entitled to the like charge as if the estate duty in respect of that property had been raised by means of a mortgage to him. ". | | |
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Sri Lanka Consolidated Acts