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Part X · Applicability of the Condominium Management Authority Law and the Apartment Ownership Law

54. Application of the Condominium Management Authority Law and the Apartment Ownership Law within the Area of Authority of the Colombo Port City

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

From and after the date of commencement of this Act, unless otherwise stated to the contrary herein, the

Condominium Management Authority Law and the

Apartment Ownership Law shall, for the purpose of the effective implementation of the provisions of this Act, have effect within the Area of Authority of the Colombo Port City in the manner and subject to the modifications set out in subsection (2):

Provided that regulations made under the

Condominium Management Authority Law or the Apartment

Ownership Law and which are in force on the date of commencement of this Act, shall also be operative within the Area of Authority of the Colombo Port City until regulations are made under this Act:

Provided further, any regulation made under the

Condominium Management Authority Law or the Apartment

Ownership Law and which is applicable within the Area of

Authority of the Colombo Port City shall, upon the making of a corresponding regulation in terms of this Part of this

Act, cease to be applicable within the Area of Authority of the Colombo Port City with effect from the date of coming into operation of the regulation made under this Act.

(2)

From and after the date of commencement of this

Act, the Commission shall, in any instance where the said

Condominium Management Authority Law and the

Apartment Ownership Law are applicable within the Area of

Authority of the Colombo Port City, mutatis mutandis, exercise, perform and discharge all or any of the powers, duties and functions vested in or assigned to the

Condominium Management Authority, in like manner as though a reference in the aforesaid Condominium

Management Authority Law and the said Apartment

Ownership Law –

(a)

to the “Condominium Management Authority”, were a reference to the “Colombo Port City

Economic Commission” established under this Act;

and

(b)

to the “Minister”, were a reference to the “President or in the event that the subject of the Colombo Port

City is assigned to a Minister, to such Minister to whom the subject of Colombo Port City has been assigned”.

Part XI

Applicability of the Securities and Exchange Commission Act

Part XII

Estate Manager and Provision of General Services

Part XIII

International Commercial Dispute Resolution Centre

Part XIV

Priority in Hearing Legal Proceedings

Part XV

Interim Provisions and Investment Protection

Part XVI

Miscellaneous Provisions

Schedules