2. Amendment of the Long Title of Law…

The Long Title to the Institute of Valuers of Sri Lanka

Law, No. 33 of 1975 (hereinafter referred to as “the principal enactment”) is hereby repealed and the following Long Title substituted therefor:-

“A LAW TO PROVIDE FOR THE ESTABLISHMENT OF AN

INSTITUTE KNOWN AS THE INSTITUTE OF VALUERS OF SRI

LANKA AND A COUNCIL OF THE INSTITUTE WHICH SHALL BE

RESPONSIBLE FOR THE MANAGEMENT OF THE AFFAIRS OF THE

INSTITUTE AND FOR THE MAINTENANCE OF PROFESSIONAL

STANDARDS AND DISCIPLINE OF MEMBERS OF THE INSTITUTE;

AND FOR THE PROTECTION AND PROMOTION OF THE INTERESTS

OF THE PUBLIC IN RELATION TO THE PROFESSION OF VALUERS

AND FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL

THERETO.”.