120. Every licence issued by a Pradeshiya Sabha for the establishment and maintenance of a private fair shall be subject to the following conditions:
(a) every licence for a private fair granted on or after such date as the Minister may appoint by Order published in the Gazette shall be upon the condition that should the Pradeshiya Sabha at any time decide that it is in the public interest to establish a village fair in place of such private fair, the authority empowered in that behalf may refuse to renew the licence of such private fair, and that the owner of such private. fair shall not be entitled to any compensation in respect of such refusal; |
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(b) the authority empowered in that behalf may, on or after the date appointed under paragraph (a) of this section, refuse to issue or renew a licence for a private fair, if he is satisfied that the wants of the area are sufficiently provided for by the village and private fairs already in existence or in contemplation. |
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