Sri Lanka Consolidated Acts

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State Gem Corporation Act (No. 13 of 1971) - Sect 17

Transfer of Crown property to the Corporation

17.
(1) The Minister of Finance may, subject to the provisions of sub-section (2), by Order published in the Gazette transfer to the Corporation any immovable property of the Crown required for the purposes of the Corporation.
(2) No immovable property of the Crown shall be transferred to the Corporation under sub-section (1) without the prior concurrence of the Minister to whom the subject of Crown lands is for the time being assigned.
(3) Upon the publication of an Order under subsection (1) in the Gazette, the properties specified in the Order shall vest in and be the properties of the Corporation.


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