Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAuthorization of sale of mortgaged land
| 46. Subject to the provisions of section 47 the Authority may by order in writing authorize any person specified in the order to sell by public auction any land mortgaged to that Authority as security for any loan in respect of which default has been made in order to recover the whole of the unpaid portion of such loan and the interest due thereon up to the date of the sale, together with the moneys and costs recoverable under section 54. |