60.
| (1) An instrument effecting a transfer of ownership of any land to a person shall not be registered in accordance with the provisions of the Registration of Documents Ordinance unless the Registrar of Lands to whom the instrument is presented for registration is satisfied that-
| | (a) such person is a citizen of Ceylon; or | | |
| | (b) if such person is not a citizen of Ceylon, the tax in respect of that land has been paid. | | |
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| (2) A transfer of shares in a company shall not be registered in the register maintained by that company for the purposes of the transfer of shares unless the company is satisfied that-
| | (a) the person to whom such shares were transferred is a citizen of Ceylon; or | | |
| | (b) if the person to whom such shares were transferred is not a citizen of Ceylon, the tax in respect of such shares has been paid. | | |
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| (3) Where any question arises as to whether a person is or is not a citizen of Ceylon for the purposes Of Subsection (1) or subsection (2), a certificate under the hand of the Permanent Secretary to the Ministry of Defence and External Affairs that that person is a citizen of Ceylon shall be conclusive proof of the fact that he is a citizen of Ceylon for the purposes only of subsection (1) or subsection (2). |
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Sri Lanka Consolidated Acts