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Part III · General

14. State property both movable and immovable to be made available to the Foundation

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

(1)

The Minister may by Order published in the

Gazette, transfer to the Foundation such movable or immovable property of the Ministry of the Minister as is required for the purposes of the Foundation and any property so transferred shall, with effect from the date of the Order vest in, and become the property of, the Foundation.

(2)

Any state land may, subject to such conditions as may be determined by the Minister with the concurrence of the

Minister for the time being in charge of the subject of State

Lands, be made available for the use of, or be alienated to, the Foundation for any purpose of the Foundation.

(3)

Where any movable property of the State is required for the purpose of the Foundation, and Minister may, by Order published in the Gazette, transfer to, and vest in, the

Foundation, the possession and use of such movable property:

Provided however that no Order affecting any movable property of the State shall be made by the Minister under the preceding provisions of this subsection, without the concurrence of the Minister in charge of the subject of such property.

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