Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAppointment of manager to take possession of mortgaged land
| 44. Subject to the provisions of section 47, the Authority may, by order in writing, authorize any person specified in the order to enter upon any land mortgaged to the Authority as security for any loan in respect of which default has been made, to take possession of and to manage and maintain such land, and to exercise the same powers in the control and management of such land as might have been exercised by the mortgagor, if he had not made default. |