2.Section 2 of the Rent Act, No. 7 of 1972 (hereinafter referred to as " the principal enactment ") is hereby amended by the repeal of subsection (4) of that section and the destitution therefor of the following subsection :-
| (4) So long as this Act is in operation in any area, the provisions of this Act shall apply to all premises in that area, other than -
| | | (b) residential premises constructed after January 1, 1980, and let on or after that date; | | |
| | (c) residential premises occupied by the owner on January 1, 1980, and let on or after that date; | | |
| | (d)residential premises in the occupation, of
| | | (i) a person who has been issued with a valid visa under the Immigrants and Emigrants Act and whose total income exceeds one thousand rupees per month ; or |
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| | (e) residential premises let after the coming into operation of this subsection to -
| | | (i) a person, who has been issued a valid visa under the Immigrants and Emigrants Act and whose total income exceeds one thousand rupees per month; or |
| (ii) a non-resident company, in respect of which the landlord thereof obtains the prior approval therefor of the Commissioner of National Housing who shall grant such approval if he is satisfied that the previous tenant has vacated such premises voluntarily or upon an order court |
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In this subsection
| (A) the expression "residential premises construct- after January 1, 1980," means -
| | (i) a residential premises situated within the administrative limits of a local authority, and in respect of which a certificate of conformity has been granted, after January 1, 1980, under the Housing and Town Improvement Ordinance, to the effect that such premises is as regards construction drainage and in all other respects, in accordance with the law ; or | | |
| | (ii) a residential premises situated in an area where the local authority thereof does not issue certificates of conformity, and in respect of which a certificate has been granted in the prescribe ed form after January 1. 1980, by the Assistant Government Agent of the administrative division within which such premises are situated, to the effect that such premises were ready for occupation on or after January 1, 1980; and | | |
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| (B) the expression " non-resident company means -
| | (a) a company to which Part IX of the Companies Ordinance applies ; or | | |
| | (b) a company exempted under section 3 of the Companies (Special Provisions) Law, No. 19 of 1974; or | | |
| | (c) a company recognized as an " existing company " under the Companies Ordinance where the majority of the share- holders or the directors of such company are not resident in Sri Lanka ; or | | |
| | (d) a company registered in Sri Lanka which is controlled and managed, by persons outside Sri Lanka and whose principal office Is situated outside Sri Lanka. | | |
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Sri Lanka Consolidated Acts