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srilawsby aturio
As enacted
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2. Establishment of the Institute of Real Estate Professionals, Sri Lanka

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

(1)

There shall be established an Institute which shall be called the Institute of Real Estate Professionals, Sri Lanka

(hereinafter referred to as the “Institute”).

(2)

The Institute shall, by the name assigned to it by subsection (1), be a body corporate and shall have perpetual succession and a common seal and may sue and be sued in such name.

(3)

From and after the date of commencement of this

Act, such and so many persons as now are Fellow Members and Associate Members of “The Institute of Real Estate and Valuation” shall hereafter be admitted as Corporate

Members of the Institute hereby constituted.

Read on from s 3

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