3. The following new section is hereby inserted immediately after section 4, and shall have effect as section 4A, of the principal Act: -
| 4A.
| | (1) Where a notice has been issued or exhibited in respect of any land under section 2 or section 4, no owner of that land shall, during the period of twelve months after the date of the issue or exhibition of such notice,-
| | | (a) sell or otherwise dispose of that land ; or |
| (b) do any act which, directly or indirectly, depreciates the value of that land as at the date of such issue or exhibition. |
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| | (2) Any sale or other disposal of land in contravention of the provisions of subsection (1) (a) of this section shall be null and void. | | |
| | (3) Any person who contravenes the provisions of subsection (1) (b) of this section shall be guilty of an offence punishable with a fine not exceeding one thousand rupees. " . | | |
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Sri Lanka Consolidated Acts