Land Acquisition Regulations, 2008. Country/Territory Sri Lanka Document type Regulation Date 2009 Source FAO, FAOLEX Original source The Gazette of the Democratic Socialist Republic of Sri Lanka (Extraordinary) No. 1596/12, 7 April 2009, pp. 1A and 2A. Subject Land & soil Keyword Ownership Land tenure Legal proceedings/administrative proceedings Expropriation Liability/compensation Geographical area Asia, Asia and the Pacific, Indian Ocean, South Asian Seas, Southern Asia Entry into force notes These regulations are effective for the acquisition where intention of acquisition is published under Land Acquisition Act, on or after 17.03.2009. Abstract These Regulations establish the basis for assessing the market value of any land or the compensation for any injurious affection caused by the acquisition of land. Market Value should be assessed as follows: in case part of a land is acquired and when its value as a separate entity deems to realize a value proportionately lower than the Market Value of the main land the compensation should be proportionate to the value of the main land. When the date of intention to acquire was published, the building is used or is intended to be used for occupation and or business purposes, the difference between the cost of re-construction and the value of building, based for determination of Market Value under Section 1.1, should be paid as an additional compensation. Value based on development potential could be considered for paddy lands acquired where permission to fill such lands have been granted by the Agrarian Services Commissioner General. When an acquired building is occupied by a tenant/statutory tenant protected under the provisions of the Rent Act, No. 7 of 1972 (as amended thereafter) the compensation should be ascertained in proportion having regard to the provisions of Rent (Amendment) Act, No. 26 of 2006. Full text English Website www.documents.gov.lk References - Legislation Implements Land Acquisition Act 1950 (No. 9 of 1950). Legislation | Sri Lanka | 1950 (1979) Keyword: Basic legislation, Ownership, Land tenure, Public land, Servitude, Survey/mapping, Legal proceedings/administrative proceedings, Expropriation Source: FAO, FAOLEX