Sri Lanka Consolidated Acts

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Partition Law (No. 21 of 1977) - Sect 38

Valuation of land

38.
(1) Where in a partition, action the court orders the issue of a commission to any person to sell the land in lots or otherwise than in lots or orders the Fiscal to sell the land, the court shall fix a date on or before which that person or the Fiscal, as the case may be, shall transmit to the court a valuation of the land.
(2) The valuation referred to in subsection (1) of this section shall show separately and in detail-
(a) where the land valued is to be sold in lots, the appraised value of each lot and of any improvements thereon, with particular reference to the value of the improvements of each party in each lot, and
(b) where the land is to be sold otherwise than in lots, the appraised value of the land and of any improvements thereon, with particular reference to the value of the interest of. each party in the entire land.
(3) After considering the valuation under the pre- ceding provisions of this section and after such inquiry as the court may consider necessary, the court shall determine the value of the land or, where the land is to be sold in lots, the value of each of the lots and the value of the improvements.


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