15. Amendment of section 35 of the principal enactment

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

Section 35 of the principal enactment is hereby amended as follows:—

(1)

in subsection (2) of that section—

(a)

in paragraph (b) thereof, by the substitution for the words “explore for or mine, transport, process, trade in or export minerals” of the words “explore for or mine, transport, process, store, trade in or export minerals”;

(b)

in paragraph (c) thereof, by the substitution for the words “exploration, mining, transportation, processing, trading in or exporting” of the words “exploration, mining, transportation, processing, storing, trading in or exporting is authorized”;

(c)

by the repeal of the proviso to that subsection and the substitution therefor of the following proviso:—

“Provided however that an industrial mining licence or a licence to explore, for minerals may be transferred or given as security subject to such conditions as may be specified in such licence.”;

(2)

in subsection (4) of that section—

(a)

in paragraph (a) thereof, by the substitution for the words “that the exploration, mining processing, trading in and” of the words “that the exploration, mining, transport, processing, storing, trading in and”;

(b)

in paragraph (e) thereof, by the substitution for the words “exceeding six months” of the words “exceeding three months”.

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