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LAND ACT: Notice of Intention to Apply for a Disposition of Crown Land File 1406173

Summary by EconomyNext
ECONOMYNEXT – Sri Lanka’s cabinet of ministers has approved a proposal to amend the country’s Land Acquisition Act No. 09 of 1950 so that lands can be acquired more easily, Minister Nalinda Jayatissa said. “It was decided to amend it to make it appropriate to the current requirement so that the time taken for the process of acquisition of lands can be minimized, lands can be acquired under a simple procedure, and the compensation can be paid und…

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LAND ACT: Notice of Intention to Apply for a Disposition of Crown Land File 1406173

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EconomyNextEconomyNext

Sri Lanka to amend its Land Acquisition Act

ECONOMYNEXT – Sri Lanka’s cabinet of ministers has approved a proposal to amend the country’s Land Acquisition Act No. 09 of 1950 so that lands can be acquired more easily, Minister Nalinda Jayatissa said. “It was decided to amend it to make it appropriate to the current requirement so that the time taken for the process of acquisition of lands can be minimized, lands can be acquired under a simple procedure, and the compensation can be paid und…

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EconomyNext broke the news in on Wednesday, March 26, 2025.
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