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Land Development Ordinance to be amended

The Cabinet of Ministers has given its approval to amend the Land Development Ordinance to change the methods of preparing a new grant and revising available conditions.

Minister of Lands and Parliamentary reforms and Co-cabinet spokesman Gayantha Karunathilaka presented the proposal to Cabinet.

According to the Cabinet paper, several new methods have been proposed as amendments to the ordinance, such as not requiring the approval of the Government agent in disposing of a holding within the family itself.

The approval of the “Government Agent shall not be required for mortgaging a permit to financial institutions approved by the Central bank nor for the leasing of a permit of a land for a period of one year.”

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