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As enacted
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Part IV · Acquisition of Immovable and Mov,\ Ble Property and Sale of Lands Belonging to the Authority

26. Alienation of property

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

(l)

The Authority may, with the written approval of the Minister, alienate by way of sale, lease, rent or purchase any land or interest in land or building held by the Authority, subject to such terms and conditions including the use or uses for which the land or interest in land or building is alienated, as determined by the Minister:

Provided however, where any alienation is carried out by a grant or permit under the provisions of the Land Grants

(Special Provisions) Act, No. 43 of 1979 or the Land

Development Ordinance (Chapter 464 ), such grant or permit shall be issued by the President in terms of the provisions of such Act or Ordinance as the case may be.

(2)

Without prejudice to the generality of the provisions of subsection (1) there shall be special conditions in the instrument of alienation to the effect that the alienation effected by the instrument of alienation may be cancelled or determined in the event of -

(a)

a failure to comply with any other condition specified in such instrument ;

(b)

any money due to the Authority under such instrument remaining unpaid for any such period as may be specified therein ;

(c)

the land or the interest in land, building is sold, gifted, leased or otherwise alienated without the written permission of the Director-General, except in case of an outright sale by the Authority.

(3)

Nothing in the Crown Lands Ordinance (Chapter 454)

shall affect or be deemed or construed to affect the alienation of any State land held by the Authority for the purpose of any urban housing development project or any related purpose.

Urban Settlement Development Authority

Part VI

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