Sri Lanka Consolidated Acts

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Tourist Development Act (No. 14 of 1968) - Sect 14

No compensation payable to alienee on revesting of land in the Board

14.
(1) Where any land alienated by the Board by way of sale under this Chapter revests in the Board under section 18, the Board shall not be liable to pay to the vendee, and the vendee shall not be entitled to demand from, or to be paid by, the Board-
(a) the price at which the land was sold by the Board; or
(b) the value of the land at the time of such revesting; or
(c) the value of any improvements effected thereon by the vendee, whether or not for the purpose of the tourist development project for the time being in operation in respect of that land; or
(d) the value of the goodwill of any trade, business or undertaking carried on in or upon such land; or
(e) the value, as a going concern, of any such trade, or business or undertaking.
(2) Where any right, interest or benefit under any alienation of land, otherwise than by way of sale by the Board under this Chapter, revests in the Board under section 18, the Board shall not be liable to pay to such alienee, and such alienee shall not be entitled to demand from, or to be paid by, the Board-
(a) the value of such right, interest or benefit; or
(b) the value of any improvements effected on such land by the alienee, whether or not for the purpose of carrying out the provisions of the tourist development project for the time being in operation in respect of that land: or
(c) the value of the goodwill of any trade, business or undertaking carried on in or upon such land; or
(d) the value, as a going concern, of any such trade or business or undertaking.


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