CONDOMINIUM MANAGEMENT AUTHORITY

(a) control, manage, maintain and administer the condominium parcels, the common elements and the common amenities of the Condominium Property or Semi Condominium Property ;

(b) ensure that the common elements and the, Common Amenities of the Condominium Property or Semi Condominium Property are properly maintained in good order and that periodic-repairs are being earned out in order to maintain such property in good and serviceable order, and to assist the management corporation or the owner or owners or occupiers to carry out such activities or to be directly involved with such activities in the event of the management corporation or owner or owners or occupiers failing to carry out such activities ;

(c) ensure that all buildings comprising such condominium parcels are insured against risk of fire, civil commotion and riot or to insure or keep insured, if so requested by the management corporation or by the owners, and to recover such premium or charges from the management corporation or the owners as the case may be ;

(d) remove all such unauthorized constructions erected or carried out by the respective owners or occupiers of such condominium parcels or by any person, contrary to the registered condominium plan of the Condominium Property or the registered Semi Condominium Plan of the Semi Condominium Property ;

(e) ensure that the management corporation of the condominium property or Semi Condominium Properly are Properly functioning and to manage and administer the activities of such management corporation ;

(f) assist the management corporation or the owner or owners or occupiers of the condominium parcels, of the Condominium Property or Semi Condominium Property in providing the services such as water, sewerage. drainage, gas. electricity, garbage disposal, air conditioning, telephone, radio and red fusion services to the owner or owners or occupiers of the condominium parcels of such condominium Property or Semi Condominium Property ;

(g) assist the management corporation to establish and maintain for use by owners or occupiers of such condominium parcels, facilities such as roads, access ways, lawns, gardens, parks, playgrounds and other open spaces, of to be directly involved with such activities. in the event of the management corporation failing to establish and maintain such facilities;

(h) transfer to the local authority the maintenance of roads, access ways, lawns, gardens, parks, playgrounds and other open spaces for the use by owners or occupiers of the condominium parcels of the Condominium Property or Semi Condominium Property ;

(i) provide maintenance and repair services to such condominium parcels of the Condominium Properly or Sean Condominium Property at the request of the management corporation or owners or occupiers thereof;

(j) monitor the progress of the construction of the registered Provisional condominium Property in order to ensure that the interests of the stakeholders are protected and to intervene wherever necessary lo protect such interests ;

(k) formulate and submit condominium redevelopment programmes including capital investment plans to the Minister for approval by the Government;

(l) call upon the National Housing Development Authority or the Urban Development Authority or any local authority or any government agency or any private sector developer, to undertake the implementation of such condominium re-development projects, or to undertake the execution of the condominium redevelopment projects, .of such programme as may be approved by the Government;

(m) undertake the completion of any condominium building shown in the registered Semi Condominium Plan or Provisional Condominium Plan, in the event of any owner failing to complete such project;

(n) develop or re-develop land for carrying out of any of the objects of the Authority ; and

(o) do all such other acts as may be necessary or conducive to the attainment of any or all of the above objects.

(a) acquire by way of acquisition, vesting, grant or purchasing, or to receive by way of gift or otherwise any immovable or movable property and hold, manage, sell, surrender, exchange, lease or otherwise dispose of such property ;

(b) receive donations and bequests from any source whether local or foreign ;

(c) borrow moneys required by it for the discharge of the functions ;

(d) charge rent for any land parcel or buildings or Condominium Properly let by the Authority ;

(e) levy fees or charges, for any services rendered by the Authority under this Law or any other written law;

(f) recover any premia from owners in proportion to their interests in the condominium parcels ;

(g) recover from any person including an owner, expenses incurred in making good any damage caused by him to the common amenities or common elements of the condominium parcels ;

(h) provide to any condominium parcel, any services including its refurbishment, repair, and maintenance at the request of the management corporation or owner or occupier of the condominium parcel and levy charges therefor ;

(i) undertake construction work ;

(j) enter, either by itself or by its duly-authorized agents, at all reasonable times, any condominium parcel for the purpose of inspecting, repairing, or renewing pipes, wires, cables and ducts which also serve other condominium parcels or the common elements of the condominium parcels or for the purpose of maintaining, renewing, refurbishing, or repairing the condominium parcel or the common amenities or the common elements, of the Condominium Property or for the purpose of removing or demolishing unauthorized constructions of the Condominium Properly or Semi Condominium Property or for the purpose of ensuring that any relevant statutory requirements are being complied with, or in the exercise of any of the powers, referred to in this section ;

(k) enter either by itself or by its duly authorized agents at all reasonable times, any land parcel of the Provisional Condominium Property for the purpose of inspecting and reviewing the progress of the construction of the building shown in the registered provisional condominium plan ;

(l) enter into such contracts and to make such arrangements as are reasonably required for the purpose of carrying out any of the objects of the Authority ;

(m) resolve disputes between the management corporation and the owner or owners, and occupier, or owner and purchaser, or owner and mortgagee, or mortgagee and prospective purchaser or mortgagor and mortgagee of the condominium parcels of the Condominium Property, or Semi Condominium Properly, or registered Provisional Condominium Property ;

(n) employ such officers and servants as may he necessary to carry out the work of the Authority and exercise disciplinary control over its officers and servants ;

(o) make rules for the administration of the affairs of the Authority ; and

(p) do all things which in the opinion of the Authority, are necessary to facilitate the .carrying out of its objects.

(1) The management and administration of the affairs of the Authority shall be vested in a Authority of Management (hereinafter referred to as “the Authority”) which shall consist of-

(2) A person shaft be disqualified from being appointed or from continuing as a member of the Authority ”

(3) The appointed members shall subject to the provisions of subsections (5) and (7) hold office for a term of three years, and shall be eligible for reappointment.

(4) The Minister may remove from office the Chairman or any member –

(5) In the event of the vacation of office by the Chairman or any other member of the Authority, the Minister may appoint another person to hold office during the unexpired part of the term of office of the member whom he succeeds.

(6) If the Chairman or any appointed member of the Authority is temporarily unable to discharge the duties of his office due to ill health or absence from Sri Lanka or for any other cause, the Minister may appoint some other person to act in his place as Chairman or as member.

(7) Any member of the Authority may at any time resign his office by written communication addressed to the Minister. Such registration shall be effective from the date of acceptance of the same by the Minister.

(8) The members of the Authority shall be remunerated in such manner and at such rates, as may be determined by the Minister with the concurrence of the Minister in charge of the subject of Finance.

(9) The Chairman of the Authority, shall, if present preside at all meetings of the Authority, in the absence of the Chairman from any such meeting, the members present shall elect one of the members to preside at the meeting,

(10) Any ex – officio member may, any time by prior notice in writing nominate his deputy to represent him at the Authority meeting to be held on given date, if he is unable to attend such meeting due to unavoidable circumstances.

(11) The quorum for any meeting of the Authority shall be five members and the Authority may regulate the procedure in regard to the conduct of meetings of the Authority and the transaction of business at such-meetings.

(12) The Authority shall, in the exercise, discharge or performance of its powers, function or duties under this Act be subject such general or special directions as may from time to lime, be issued by the Minister.

(13) A member of the Authority, who is directly or indirectly interested in any business transacted or proposed to be transacted by the Authority shall disclose the nature of such interest at the meeting of the Authority where such business is discussed. The disclosure shall be recorded in the minutes of the Authority, and such member shall not take part in any deliberation or decision of the Authority with regard to such business, and shall withdraw from such meeting while such deliberation is in progress or such decision is being made.

(14) No act or proceeding of” the Authority shall be invalid by reason only of the existence of a vacancy among its members of any defect in the appointment of a member.

(1) The Authority, may on its own motion, or on the application of a majority of the members of the management corporation or corporation or of not less than one-third of the owners of the Condominium Parcels of the Condominium Property or Semi Condominium Property, hold an inquiry, or direct a person authorized in writing in that behalf, by the Authority by order to hold an inquiry into the activities and financial stability of the management corporation.

(2) For the purposes of an inquiry under subsection (1) the Authority or any person authorized by to hold an inquiry, shall have the power –

(3) Where an inquiry is lie Id under subsection (1) the Authority or the person authorized by the authority to hold the inquiry shall alter due inquiry make order as regards the management corporation and shall communicate the order of the inquiry to ail the owners of the condominium Parcels of the Condominium property or Semi Condominium Property.

(4) It shall be the duty of the management corporation to abide by any order made under subsection (3).

(1) Where the Authority receives a complaint or receives information that an unauthorized construction has been erected or-is being erected m any registered or unregistered Condominium Properly or Semi Condominium Property, the Authority shall cause a nonce in writing to he served on the owner of the condominium parcel and a copy of such notice to be served on each occupier of such condominium parcel and the management corporation if any, who is erecting or has erected such unauthorized construction in the condominium parcel, or the common element and direct such owner, occupier or management corporation, as the case may be. to be present at an inquiry on a date, time and place, to be specified in the notice and to show cause –

(2) The persons present at the inquiry in personal to the receipt of a notice issued under subsection (1), shall be given an opportunity of being heard and thereafter where the Authority is of the opinion that such construction is an unauthorized construction, it may direct, such owner or occupier or management corporation or other person, as the case may be ”

(3) Where such owner or occupier or management corporation or other person, as the case may he ”

(4) The Authority may, for the purpose of acting under paragraphs (i), (ii) or (iii) of subsection (3) authorize any officer to enter the Condominium Property or the Semi .Condominium Property on which such unauthorised construction is being erected or erected and do ail such acts as may be necessary for the purpose.

(5) No action or other proceeding shall lie against, any person for any act, done within exercise of the powers conferred by subsection (4), and no owner, occupier or person shall he entitled to any compensation for any damage or loss caused by such act.

(6) It shall be the duty of every member of the Police when requested to do so, to render- all necessary assistance to the Authority for the purpose of taking action under paragraphs (i), (ii) or (iii) of subsection (3).

(7) The Authority shall be entitled to recover all reasonable expenses incurred by the Authority in removing, demolishing the unauthorized constructions of the Condominium Property or Semi Condominium Properly or discontinuing any work in pursuance of the provisions of subsection (4).

(8) The preceding provisions of this section shall not affect any liability incurred by such owner or occupier or other person by reason of his failure to comply with such notice.

(1) On a written complaint made by a purchaser of a condominium parcel of the Condominium Property, which has been registered with the Registrar of Lands under the Registration of Documents Ordinance (Chapter 117), without the Certificate of Conformity relating to the standard of the common amenities provided to such Condominium Parcel by the registered owner of the Condominium Properly, issued by the Authority who has been empowered to approve the building plan, the
Authority shall on being satisfied after due inquiry, make Order directing the registered owner to provide the required common amenities in the manner acceptable to the Authority, at his expense within the period specified in that Order.

(2) Where the registered owner against whom an Order is made under subsection (1) fails to comply with such Order, the Authority shall, provide such services to the purchaser of the condominium parcel of the Condominium Property and recover such expenses from the registered owner in an action in any court of competent jurisdiction, as a debt due to such Authority from the said registered owner.

(1) Upon registration of the provisional condominium plan by the Registrar under the Apartment Ownership Law, No. 11 of 1973, the owner of the Provisional Condominium Property, shall submit quarterly reports, in triplicate, indicating the progress of the construction of the building to be erected; shown in the registered provisional condominium plan, Amenities Authority (Amendment) Act, No. 24 of 2003 as per the project implementation plan filed along with the said Provisional Condominium Plan. One copy shall he to the Registrar, one-copy, to the General Manager and one copy to the mortgage, if any.

(2) The progress report to he submitted quarterly shall he submitted in the format as set out in Schedule I.

(3) Where the General Manager is satisfied that the owner is not carrying out the construction of the registered Provisional Condominium Properly as per the project implementation plan filed along with the Provisional Condominium Plan, satisfactorily and is of the opinion, that the intervention of he Authority is necessary in order to safeguard the interest of mortgagees, or registered prospective purchasers who have already provided finances to the owner under mortgages secured on the land parcel where the proposed building is to be erected as shown in the Provisional Condominium Plan and registered with the Registrar or provided finances as advances to the owner agreeing to purchase the provisional condominium parcels under the agreements for sale and registered with the Registrar, the shall convene after due notice, a meeting of the owner, such mortgagees, if any. and such prospective purchasers, if any. and discuss the issues which hinder the owner from satisfactorily carrying out such construction.

(4) Where the owner fails to participate at such meeting or after participating fails to provide satisfactory explanation for the delay, or provide a satisfactory work programme for the construction of the proposed building upto the level of a partly completed building, so that all existing mortgages securing the land parcel and individual condominium parcel could be redeemed and all commitments made towards the registered prospective purchasers could be settled, the Authority may-

(a) the Minister, shall on being satisfied after due inquiry, on a recommendation being made by the Authority or upon the request of the mortgagee make order directing the owner to carry out the construction as per the registered Provisional Condominium Plan.

(b) where the Minister makes an Order under paragraph (a), directing the owner of the registered Provisional Condominium Property to carry out such construction, the Minister, shall specify in such order

(c) Where the owner of any provisional condominium property in respect of which an order is made under subsection (1) fails to comply with the order (hereinafter referred to as the “default owner”) the Minister shall, by order published in the Gazette vest such land parcel shown in the registered provisional plan in the Authority ;

(d) Where the land parcel of the provisional Condominium Property has been vested in the Authority under paragraph (e). the defaulting owner of the said land parcel shall be entitled to compensation in respect of the same on the basis of the
valuation of the Chief Valuer as at the date of registration of the Provisional Condominium Plan, and the following dues of the defaulting owner shall be set off against the compensation due

(e) if any amount remains unsettled to any of the parties mentioned above such unsettled amount will be recovered by the Authority by way of” in an action in a court of competent jurisdiction as debt due to it from the relevant defaulting owner.

(1) Where any immovable property is required to be acquired for any specific purpose the Land of the Authority and the Minister by Order published in the Gazette approves the proposed acquisition for that purpose, that property shall
be deemed to be required for a public purpose and may accordingly be acquired under the Land Acquisition ACT and transferred to the Authority.

(2) Any sum payable, for the acquisition of any immovable property under subsection (1) for the Authority shall be paid out of the Fund of the Authority,

(1) Where any immovable properly of the State is required for any purpose of the. Authority, such purpose shall be deemed to be a purpose for which a special grant or lease of such property may be made under section6 the Crown Lands Ordinance, and accordingly the provisions of that Ordinance shall apply to a special grant or lease of such property of the Authority.

(2) Where any movable property of the State is required for any purpose of the Authority, the Minister may, by Order published in the Gazette. transfer to, and vest in the Authority the possession and use of such movable properly :

Provided, however, no Order affecting any movable property of the State shall be made by the Minister under the preceding provisions of this subsection, without the concurrence of the Minister having control over such properly.

(3) No Order affecting any movable property of any government department or public corporation shall be made by the Minister under subsection (2) without the consent of the Minister to whom such department or public corporation has been assigned.

(1) Notwithstanding anything to the contrary in this Law; or any other Law, the Minister may, by notification published in the Gazette, declare that it is necessary to acquire for the purposes of carrying out any condominium re-development project, any of the Condominium Property or any part or any of the condominium parcel or Semi Condominium Property referred to in any of the following cases :-

(2) Where a notification under subsection (1) is published in the Gazette, the Condominium Property or Semi Condominium Property to which such notification relates shall, for the purposes of the Land Acquisition Act. he deemed to be a land required for a public purpose and may be acquired under that Act.

(1) The Authority may, with the approval of the Minister, dispose by way of sale, lease, land, flat, rent or rent purchase any land flat house or other living accommodation held by the Authority, subject to such terms and conditions as may be. determined by the Minister and specified in the instrument of disposition, and in particular, hut without prejudice to the generality of the foregoing provisions of this section, a condition . to the effect that the disposition effected by such instrument may be cancelled or determined in the event of a failure to comply with any oilier condition specified in such instrument or in the event of any money due to the Authority under such instrument remaining unpaid for any such period as may be specified therein.

(2) Nothing in the Crown Lands Ordinance shall affect or be deemed or construed to affect the disposition of any State land held by the ‘Authority for any of the purposes of the Authority.

(1) The seal of the Authority shall be in the custody of the Authority.

(2) The seal of the Authority may be altered in such manner as may be determined by the Authority.

(3) The application of the seal of the Authority shall be authenticated by the signature of the Chairman of the Authority or some other member of the Authority authorized by the Authority to authenticate the application of such seal.

(1) On an application made by a Government department, local authority, public corporation, co-operative or private sector commercial undertaking or by any person, and if the Authority is satisfied as to the suitability and fitness of such applicant to carry out efficiently any work that may be entrusted to it, the Authority may register such applicant -as an agent of the Authority.

(2) The Authority may enter into a contract with an agent registered under subsection (I) for the carrying out of any item of work falling within the Authority’s functions.

(1) Upon production of a certificate issued by the General Manager stating that a sum of money is due to the Authority on a specified date from the person, specified therein, before a District Court having jurisdiction in the district in which that person resides or where any property movable or immovable owned by that person is situated, the Court .shall issue an injunction restraining such person from the place where such properly is kept or from causing or permitting the removal therefrom of such properly and shall direct a writ of execution to be issued to the Fiscal authorizing and requiring him to seize and sell all or any of the property movable and immovable of such person or such part thereof as may be necessary for the recovery of that sum ; the provisions of sections 226 and 297 of the Civil Procedure Code (Chapter 101) shall, mutatis mutandis, apply to such a seizure and sale.

(2) Where the General Manager issues a certificate referred to in subsection (1), he shall at the same lime issue to the person specified in the certificate a notification thereof by personal service, registered post, or telegraph, but the non-receipt of such notification by such person shall not invalidate proceedings under this section.

(1) Any person who is liable to pay any sum under this Law to the Authority shall, if he is an employee of the Government of Sri Lanka, or the Local Government Service, Judicial Service, or of any corporate or incorporated body, be liable to have any such sum recovered or deducted out of his remuneration from such employment.

(2) The General Manager shall, if he is of the opinion that the method of recovery referred
to in subsection (1) is a satisfactory method of recovery in the case of any person, direct in writing to the employer of mat person to deduct and pay to the Authority out of the remuneration payable to that person such amount in such manner, and at such intervals as may be specified in the directions.

(3) Every employer who receives a direction under subsection (2) shall forthwith comply with such direction.

(4) Where a deduction from remuneration out of such employment is made, the employer shall
within a reasonable time, but not later than fourteen days from the date of recovery, issue a receipt to the person from whom the recovery has been made acknowledging receipt of such money or recovery of such dues and shall forthwith inform the General Manager from whom he has received such direction of that fact.

(5) Where any person in respect of whom a direction under subsection (2) is in force is
about to leave, or leaves, the employment of his employer, the employer shall forthwith

(6) Where for any reason an employer of any person is unable to comply with a direction
issued under subsection (2). he shall inform the General Manager forthwith in writing of his inability to do so and the reason therefor.

(7) Every employer who contravenes any of the preceding provisions of this section shall
be guilty of an offence and shall, on conviction after summary trial before a Magistrate, be liable to a fine not exceeding ten thousand rupees or to imprisonment of either description for a period not exceeding one year or to both such fine and imprisonment.

(8) Where any offence under the preceding provisions of this section is committed by a body
of persons, then

shall be deemed to be guilty of such offence :

Provided that no such director, officer or partner shall be deemed to be guilty of such offence if he is able to prove that such offence was committed without his knowledge or that he exercised all due diligence to prevent the commission of such offence.

(9) No prosecution for an offence under this section shall be instituted except by or with
the sanction of the Authority.

(10) Nothing in the preceding provisions of this section shall affect, or be deemed or
construed to affect the rights of the General Manager “to recover in any other manner or by. any other procedure applicable in that behalf, any sum which is liable to be paid to the Authority under this law and in respect of which he has given a direction under subsection (2).

(1) Where any dispute arises between an owner and occupier or owner and owner or the management corporation and owner or the management corporation and owner or owners or mortgagee and owner, or mortgagee and mortgagee or owner and purchaser, or owner and prospective purchaser or mortgagee and” prospective purchaser, of any such condominium parcel in respect of the use or occupation of any such condominium parcel or the enjoyment of the common amenities or common elements appurtenant thereto, such dispute shall be referred by such person or the management corporation to the Authority, and the Authority as the case may be shall, after due inquiry, make such order in respect of that dispute as may appear to the Authority to be just and equitable.

(2) It shall be the duty of every party to a dispute referred to the Authority under subsection (1) to abide by any order made by the Authority under that subsection.

(1) The Authority may, with the approval of the Minister, appoint a General Manager, who
shall be the chief executive officer.

(2) The Authority may, at any time if it considers necessary to do so, terminate the appointment of the General Manager with the approval of the Minister for reasons assigned.

(3) The General Manager shall, subject to the general direction and control of the Chairman, be charged with the direction of the business of the Authority, the organization and execution of the powers, functions and duties
of the Authority, and the administrative control of the employees of the Authority.

(4) The General Manager may, with the approval of the Authority, delegate in writing to any other employee of the Authority, any of his powers, functions or duties, as he may, from time to time consider necessary and any
employee to whom any such powers, functions or duties are so delegated, shall” exercise, discharge or perform subject to the general or special directions of the General Manager.

(1) The Authority may appoint such officers and servants as it considers necessary for the efficient discharge of its functions.

(2) The officers and servants appointed under subsection (1) shall he remunerated in such manner and at such rates, and shall be subject to such conditions of service. as may be determined by rules made by the Authority.

(3) At the request of the Authority any officer in the public service may, with the consent of that officer and the Secretary to the Ministry of the Minister in charge of the subject of Public Administration, be temporarily appointed to the staff of the Authority for such period as may be determined by the Authority with like consent, or be permanently appointed to such staff.

(4) Where any officer in the public service is temporarily appointed to the staff of the Authority the provisions of subsection 92) of section 14 of the National Transport- Commission Act, No. 37 of 1991. shall, mutatis mutandis apply to and in relation to him.

(5) Where any officer in the public service is permanently appointed to the staff of the Authority, the provisions of subsection (3) of section 14 of the National Transport Commission Act. No 37 of 1991. shall, mutatis mutandis, apply to and in relation to him.

(6) Where the Authority employs any person who has agreed to serve the Government for a specified period, any period of service with the Authority by that person shall be regarded as service to the Government for the purpose of discharging the obligations of such agreement.

(7) At the request of the Authority any member of the Provincial Public Service or any
other officer or servant of any local authority may, with the consent’s such member, officer or servant and the provincial Public Service
Commissioner or that local authority, as the case may he, be temporarily appointed to the staff of the Authority for such period as may be
determined by the Authority with like consent or be permanently appointed to such staff on such terms and conditions including those relating to pension or provident fund rights as may be agreed upon by the Authority and the Provincial Public Service Commission or the local authority.

(8) Where any person is temporarily appointed to the staff of the Authority in pursuance of subsection (4) or subsection (7). such person shall be subject to the same disciplinary control as any other member of such staff.

(1) The Authority shall have its own

(2) There shall be credited to the Fund of the Authority :

(2A) There shall be paid out of the Fund of the Authority all such sums of money required to defray any expenditure incurred by the Authority in the exercise, performance and discharge of its powers, duties and functions.

(3) The Authority shall maintain a Sinking Fund for the purpose of carrying out its objects.

(1) The Authority may, with the consent of the Minister, given with the concurrence of the
Minister in charge of the subject of Finance and subject to such terms and conditions, borrow temporarily, by way of overdraft or otherwise. such sums as the authority may require for meeting the obligations of Authority or discharging its duties and functions under this Act :

Provided however, that the aggregate of the amounts outstanding in respect of any temporary loans raised by the Authority under this subsection shall not at any time exceed such sum as may be determined by the Minister in consultation with the Minister in charge of the subject of Finance.

(2) The Authority may, with the consent of the Minister given with the concurrence of the
Minister in charge of the subject of Finance, borrow money, otherwise than by way of temporary loan under subsection (1) by the issue
of debentures and the debentures so created and issues in this Act are referred to as “Condominium Management Authority
Debentures.

(3) Condominium Management Authority Debentures shall be issued, transferred, dealt with, redeemed and cancelled in accordance with such terms and conditions as may be determined by the Authority with the approval of the Minister given with the concurrence of the Minister in charge of the subject of Finance.

(1) The Minister in charge of the subject of Finance shall, guarantee the repayment of the principal of, and the payment of the interest on, any sum due on debentures issued under this Act.

(2) Any sum required for the fulfillment of a guarantee provided under subsection (1)
may, with the prior approval of the Parliament, be paid out of the Consolidated Fund.

(3) Any sum paid out of the Consolidated Fund in fulfillment of a guarantee provided
under subsection (1) shall he repaid, together with interest thereon, at such rates as the Minister in charge of the subject of Finance may determine with the concurrence of the Minister, by the Authority, in such manner and over such period as the Minister in charge of the subject of Finance may with such concurrence determine.

(4) Where any sum is paid out of the Consolidated Fund in fulfillment of a guarantee provided under subsection (1), the Minister in charge of the subject of Finance shall forthwith lay before Parliament a statement that such sum
has been so paid.

(1) Subject to the provisions of Article 126 of the Constitution, no suit or prosecution
of the shall lie against any member, officer, servant or agent of the Authority for any act which in good faith is done or purported to be done by him under this Act, or on the direction of the Authority.

(2) Any expenses incurred by the Authority in any suit or prosecution brought by or against the Authority before any court shall be paid out. of the Fund and any costs paid to, or recovered by the Authority in ;any. such suit or prosecution shall be credited to the Fund.

(1) The Minister may give to the Authority in writing general or special directions as to the performance of the duties and the exercise of the powers of the Authority and the Authority shall give effect to such directions.

(2) The Minister may, from time to time, direct the Authority in writing to furnish to him in such form as he may determine, returns, accounts and other information with respect to the property and business of the Authority, and the Authority shall carry out every such direction.

(3) The Minister may order all or any of the activities of the Authority to be investigated and reported upon by such person or persons as he may specify and upon such order being made, the Authority shall afford alt such facilities and furnish all such information as may be necessary to carry out such order.

(1) The Minister may make regulations for the purpose of carrying out or giving effect to the principles and provisions of this Law.

(2) Every regulation made by the Minister shall be published in the Gazette and shall come into operation on the date of such publication or on such later date as may be specified in the regulation.

(3) Every regulation made by the Minister shall, as soon as convenient after its publication in the Gazette, be brought before Parliament for approval. Any regulation which is not so approved shall be deemed to be rescinded as from the date of disapproval, but without prejudice to anything previously done thereunder.

(4) Notification of the date on which any regulation made by the Minister is so deemed to be rescinded shall be published in the Gazette.

(5) Any regulation made by the Minister shall, when approved by Parliament, be as valid and effectual as if it were herein enacted. Notification of such approval shall be published in the Gazette.

(1) Every person who contravenes or fails to comply with any provision of this Law or any regulation made thereunder or any order or direction lawfully given under this Law shall be guilty of an offence under this Law.

(2) Every person who commits an offence under this Law shall on conviction after summary trial before a Magistrate be liable to imprisonment of either description for a period not exceeding one year or a fine not exceeding ten thousand rupees or to both such imprisonment and fine and if such offence is a continuing offence to an additional fine of one thousand rupees for each day on which the offence is continued after conviction.

(3) Notwithstanding anything to the contrary in any other law. every offence under this Law shall be a cognizable offence within the meaning and for the purposes of the Code of Criminal Procedure Act.

(4) Where an offence under this Law is committed by a body of persons, whether corporate or unincorporate, every person who at the time of the commission of the offence was a director, general manager, secretary or other .similar officer of such body of persons shall be deemed to be guilty of that offence unless he proves that the offence was committed without his consent or connivance and that he exercised all such diligence to prevent the commission of that offence as he ought to have exercised having regard to the nature of his functions and in all the circumstances.