41.
| (1) The amount of compensation to be paid under this Act in respect of any property vested on any date in the Corporation shall be such sum as in the opinion of the Chief Valuer constitutes the reasonable value of such property as on such date. |
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| (2) Where any interest in any movable or immovable property derived under the terms of any lease is vested in the Corporation, the amount of compensation to be paid under this Act shall be the actual price paid by the holder for the acquisition of such interest : Provided that a proportionate amount shall be deducted on account of the period for which the holder has enjoyed such interest. |
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Sri Lanka Consolidated Acts