55.
| (1) Notwithstanding that any movable or immovable property has vested in the Corporation by virtue of a vesting Order, the Minister may, at any time before a determination as to compensation is made in respect of that property under this Law, by subsequent Order published in the Gazette (in this section referred to as a " divesting Order ") revoke that vesting Order. |
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| (2) The following provisions shall apply in any case where a vesting Order in respect of any movable or immovable property is revoked by a divesting Order:-
| | (a) that property shall be deemed never to have vested in the Corporation by virtue of that vesting Order, and any question which may arise as to any right, title or interest, in or over that property shall be determined accordingly; | | |
| | (b) that property shall be deemed to have been and to be property which was requisitioned by a requisitioning Order with effect from the date on which that vesting Order took effect and was derequisitioned by a derequisitioning Order with effect from the date of the revocation of that vesting Order; | | |
| | (c) all claims made under this Law to the compensation payable in respect of that property and all proceedings taken under this Law in regard to such claims before that vesting Order was revoked shall be deemed to be null and void, and fresh claims to compensation in respect of that property may be made under this Law, and fresh proceedings in regard to such fresh claims to compensation in respect of that property may be taken under this Law. | | |
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| (3) The preceding provisions of this section shall have effect notwithstanding anything in any other provision of this Law or in any other written law. |
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Sri Lanka Consolidated Acts