Revival of Underperforming Enterprises or Underutilized Assets Act 2011 · As enacted
5. Appointment of Compensation Tribunal
Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
(1)
The Cabinet of Ministers shall appoint, for the purposes of this Act, a tribunal, to be called the
Compensation Tribunal comprising the Chief Valuer and two other persons who are persons having wide experience and who have shown capacity, in commercial valuation.
(2)
All claims for the payment of compensation under subsection (2) of section 4 shall be made to the
Compensation Tribunal appointed under subsection (1)
within a period of two years from the date of vesting.