Land (Restrictions on Alienation) Act No. 38 of 2014. Pays/Territoire Sri Lanka Type du document Législation Date 2014 Source FAO, FAOLEX Titre completAn 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. Sujet Terre et sols Mot clé Propriété Régime foncier Planification territoriale Location Procédures judiciaires/procédures administratives Propriété étrangère Planification environnementale Politique/planification Aire géographique Asie, Asie et Pacifique, Océan Indien, Mer de l'Asie du Sud-Est, Asie du Sud Entry into force notes This Act enters into force on 1 January 2013. Résumé 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. Texte intégral Anglais Site web www.ird.gov.lk Références - Législation Amendé par Land (Restrictions on Alienation) (Amendment) Act No. 21 of 2018. Législation | Sri Lanka | 2018 Mot clé: Régime foncier, Planification territoriale, Procédures judiciaires/procédures administratives Source: FAO, FAOLEX