8.
| (1) Upon the receipt of any claim made under section 7 to the compensation payable under this Act in respect of any regulated equipment vested in the Government, the Permanent Secretary shall make a determination as to the amount payable in respect of such claim and shall give written notice of such determination made by him. |
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| (2) The determination under sub-section (1) as to the amount of compensation payable shall be made having regard to the imported cost of the regulated equipment to the owner, the depreciation in value for the period of its use and the condition of the equipment, at the time of taking possession thereof. |
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| (3) The determination of the Permanent Secretary, subject to any appeal under section 9, shall be final and conclusive and shall not be questioned in any; court of law. |
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Sri Lanka Consolidated Acts