Sri Lanka Consolidated Acts

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Tourist Development Act (No. 14 of 1968) - Sect 49

Loans and alienations of land for the benefit of citizens of Ceylon

49. No loan shall be granted, and no alienation of any land shall be made, under this Part to individuals who, or companies or firms or other associations of persons in which the majority of members or partners, are not citizens of ceylon, except with the prior approval of the Minister.


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