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Land (Restrictions on Alienation) Act No. 38 of 2014.

País/Territorio
Sri Lanka
Tipo de documento
Legislación
Fecha
2014
Fuente
FAO, FAOLEX
Título completo
An Act to make provisions to stipulate Restrictions on the Alienation of Lands in Sri Lanka to foreigners, Foreign Companies and certain Institutions with foreign shareholding; to specify the circumstances where the exemptions are granted; to impose a Land Lease Tax for leasing of lands to foreigners, Foreign Companies and Certain Institutions with Foreign Shareholding; for the granting of Concessions to certain Development Projects; for the repeal of Part VI of the Finance Act, No. 11 of 1963; and to provide for matters connected therewith or incidental thereto.
Materia
Tierra y suelos
Palabra clave
Propiedad Tenencia de tierras Manejo de tierras Arrendamiento Procedimientos judiciales/procedimientos administrativos Propiedad de extranjeros Planificación ambiental Política/planificación
Área geográphica
Asia, Asia y Pacifico, Océano Índico, Mares del Asia Sudoriental, Asia Meridional
Entry into force notes
This Act enters into force on 1 January 2013.
Resumen

The Act, consisting of 25 sections, makes provisions to stipulate restrictions on the alienation of lands in Sri Lanka to foreigners, foreign companies and certain institutions with foreign shareholding; to specify the circumstances where the exemptions are granted; to impose a Land Lease Tax for leasing lands to foreigners, foreign companies and certain institutions with foreign shareholding; for the granting of concessions to certain Development Projects. In addition, it specifies that the transfer of title of any land situated in Sri Lanka, shall be prohibited if such transfer is: a) to a foreigner; or b) to a company incorporated in Sri Lanka under the Companies Act where any foreign shareholding in such company, either direct or indirect, is fifty per cent or above; or c) to a foreign company, unless exempted as provided in section 3.

Texto completo
Inglés
Página web
www.ird.gov.lk

Referencias - Legislación

Enmendado porr

Land (Restrictions on Alienation) (Amendment) Act No. 21 of 2018.

Legislación | Sri Lanka | 2018

Palabra clave: Tenencia de tierras, Manejo de tierras, Procedimientos judiciales/procedimientos administrativos

Fuente: FAO, FAOLEX