57. In this Act, unless the context otherwise requires " articles " means goods, commodities, wares, merchandise, or produce, of any class or description; " Board of Directors " means the Board of Directors of the Corporation; " Chief Valuer " means the Chief Valuer of the Government, and includes any Senior Assistant Valuer, or Assistant Valuer, of the Government Valuation Department; " Director " means a member of the Board of Directors; " immovable property " means land and includes any interest in, or any benefit arising out of, any land, and any leasehold or other interest held by any person in any land, and also things attached to the earth or permanently fastened to anything attached to the earth; " local authority " means any Municipal Council, Urban Council, Town Council or Village Council; " person who had an interest "
| (a) in relation to any immovable property vested in or requisitioned for the Corporation, means a person who, immediately before the date on which such property was so vested or requisitioned, had an interest in such property as owner, co-owner, mortgagee. lessee or otherwise, whether absolutely for himself or in trust for any other person; and |
|
| (b) in relation to any movable property vested in or requisitioned for the Corporation, means any person who, immediately before the date on which such property was so vested or requisitioned, had an interest in such property as owner, co-owner, mortgagee, pledgee, hirer or otherwise, whether absolutely for himself or in trust for any other person, |
|
and the term " interest ", in relation to any such property, shall be construed accordingly; " public statutory corporation " means any corporation established by or under any written law and the capital of which has been provided wholly or partly by the Government. |
Sri Lanka Consolidated Acts