AN ACT TO PROVIDE FOR THE ESTABLISHMENT OF THE SRI LANKA RAILWAYS AUTHORITY TO CARRY ON THE BUSINESS OF TRANSPORTING PASSENGERS AND GOODS BY RAIL; TO PROVIDE FOR THE TRANSFER OF ALL PROPERTY, RIGHTS AND LIABlLITIES OF THE RAILWAYS DEPARTMENT TO THE SRI LANKA RAILWAYS AUTHORITY ; TO AMEND THE STATE LANDS (RECOVERY OF POSSESSION) ACT, NO. 7 OF 1979 AND THE RAILWAYS ORDINANCE (CHAPTER 200) ; AND FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO.