10.
| (1) No flat, house or other living accommodation or building or any buildable land which has been sold to any person by the Authority shall be sold, leased, mortgaged or disposed of in any other manner by such person, other than by way of gift to a child, parent or spouse, within a period of ten years of such sale without the prior written consent of the Authority. |
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| (2) A sale, lease, mortgage or any other disposition of such flat, house, or other living accommodation or building or any land that is executed by or on behalf of the owner in contravention of subsection (1) shall be null and void and shall have no force or effect in law. |
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| (3) No lien by deposit of the title deeds as security for a debt, of any flat, house or other living accommodation or building or any land that has been sold by the Authority shall be capable of being created in favour of any person and no caveat in support of any such lien by deposit shall be capable of being registered under the Registration of Documents Ordinance. |
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| (4) No such flat, house or living accommodation or building or any land shall be attached in execution of a decree of any court except a decree in favour of the Authority or the General Manager, as the case may be. |
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Sri Lanka Consolidated Acts