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As enacted
Contents

12. Seal of the Authority

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

(I)

The Seal of the Authority may be determined and devised by the Board and may be altered in such manner as may be determined by the Board.

Urban Settlemellf Develop111e11t Authority

(q)

to charge rents or fees for any building, flat, house or other living accommodation or for any services or facilities provided by the Authority;

(r)

to manage and make available schemes of supervised credit to urban dwellers to purchase flats, houses or other living accommodation;

(s)

to accept from within or outside Sri Lanka gifts, grants, donations or subsidies, whether in cash or otherwise and to apply them for carrying out any of the objectives of the Authority;

(t)

with the concurrence of the Minister in charge of the subject of Finance, to borrow or raise money or secure obligations from sources either in Sri Lanka or abroad by the issue of debentures, debenture stock, bonds, mortgages or with any other securities upon such terms as the Authority may determine;

and

(11)

to enter into partnerships with other government and non-governmental institutions and to establish subsidiaries to execute any of the functions of the

Authority.

Part II

Part III

Staffofllleauillority

Part IV

Acquisition of Immovable and Mov,\ Ble Property and Sale of Lands Belonging to the Authority

Part VI

Recovery of Possession of Flats, Living Actommodation or Any Other Building Belonging to the Alltiiority by the Director General