Sri Lanka Consolidated Acts

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Land Reform (Amendment) Act (No. 39 of 1981) - Sect 3

Amendment of section 5 of Principal enactments

3. Section 5 of the principal enactment is hereby amended Amendment as follows -
(a) by the renumbering of that section as subsection (1) of that section; and
(b) by the insertion, immediately after subsection (1) of that section, of the following new subsection:
(2) Where any person becomes by reason of marriage or by way of inheritance, or both, the owner of agricultural land in excess of the ceiling on any day after the date of enactment of this subsection (in this subsection referred to as the "relevant date") the provisions of subsection (1) shall not apply, and accordingly such person may transfer, by way of sale or otherwise, such excess within a period of two years from the relevant date. Where such person fails to transfer such excess within such period, such excess shall, at the expiration of such period,
(a) be deemed to vest in the Commission; and
(b) be deemed to be held by that person under a statutory lease from the Commission. .


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