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As enacted

13. Valuation

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

(1)

For the purposes of this Act, the land value—

(a)

of any State land, shall be as determined by the

Government chief valuer; and

(b)

of any private land, shall be as determined by a licensed valuer.

(2)

The total lease rental, pertaining to a lease referred to in section 5, shall be calculated based on the valuation of the land made under subsection (1).