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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

41. Bid at a public auction for the Authority

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

The Director-General of the Authority or any person authorized in writing by him, may at a sale by public auction of any property mortgaged to the Authority as security for any loan bid for and purchase that property for and on behalf of the Authority.

Part VI

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