35.
| (1) Any officer of the Corporation authorized by the Minister may, by notice (in this Act referred to as a " notice of claim ") published in the Gazette declare that such movable or immovable property, other than money, as has been, or is being, or is, or was intended to be, used by any person for the purpose of engaging in or carrying on any business which is similar or substantially similar to any business of the Corporation, is required for the purposes of the Corporation. Such property is in this Act referred to as " notified property ". |
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| (2) The publication of a notice of claim made under sub-section (1) in respect of any property shall be conclusive proof that such property is required for the purposes of the Corporation. |
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| (3) Where a notice of claim is published under subsection (1), any officer of the Corporation authorized by the Minister may from time to time, by notice (in this Act referred to as a " notice of disclaimer ") published in the Gazette, disclaim the need, for the purposes of the Corporation, of the whole or any part of the property included in the notice of claim and specified in the notice of disclaimer. |
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| (4) No person shall lease, hypothecate, alienate, transfer or dispose of in any manner whatsoever to any person, other than the Corporation, the whole or any part of-
| | (a) any property which is specified in a notice of claim and is not disclaimed by a notice of disclaimer; or | | |
| | (b) any rights in respect of that property. | | |
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| (5) Any lease, hypothecation, alienation, transfer or disposal made or effected in contravention of the provisions of sub-section (4) shall be null and void, and shall be of no force or avail in law. |
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| (6) Any person shall, if requested by any authorized officer so to do, furnish to such person as shall he specified in the request information with regard to any movable or immovable property included in a notice of claim as shall be so specified. |
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| (7) Any person who-
shall be guilty of an offence under this Act. | | (a) leases, hypothecates, transfers, or otherwise disposes of any notified property in contravention of sub-section (4); and | | |
| | (b) wilfully fails to furnish the information referred to in sub-section (6), or who wilfully withholds all or any part of such information, or who furnishes information knowing such information to be false or inaccurate; or | | |
| | (c) wilfully or negligently destroys or damages or causes to be destroyed or damaged any notified property; or | | |
| | (d) removes, changes the situation or location, or alters the character, or causes such removal, change or alteration, of any notified property, | | |
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| (8) For the purposes of this section, the expression " authorized officer " means the Chairman of the Board of Directors, or any Director or officer of the Corporation authorized in that behalf by such Chairman. |
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Sri Lanka Consolidated Acts