Sri Lanka Consolidated Acts

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Requisitioning and Acquisition of Lorries Law (No. 45 of 1973) - Sect 13

Payment of compensation

13.
(1) The compensation payable under this Law shall be paid to the person who at the time of the requisitioning or acquisition of the lorry was the registered owner of such lorry.
(2) Where, on the date of the requisitioning or acquisition of the lorry, a person, other than the registered owner of such lorry, was by virtue of a subsisting contract entitled to possession and use of such lorry, the registered owner to whom compensation is paid shall be deemed to receive it as a trustee for such other person.


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