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| State Gem Corporation (Amendment) |
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AN ACT TO AMEND THE STATE GEM CORPORATION ACT, No 13 OF 1971.
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BE it enacted by the Parliament of the Democratic Socialist Republic of Sri Lanka as follows:-
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[28th September
, 1981 ]
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Short title.
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1. This Act may be cited as the State Gem Corporation (Amendment)Act No 64 of 1981.
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Replacement of section 42 of Act No 13 of 1971.
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2. Section 42 of the State Gem Corporation Act No 13 of 1971, is hereby repealed and the following new section substituted therefor:”
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” Disposal of articles delivered to the Corporation.
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42.
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(1) Any article forfeited to the Republic under this Act or under any by-law or regulation made thereunder shall be delivered to the Corporation.
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(2) Any article delivered to the Corporation under subsection (1) shall be disposed of as soon as conveniently may be after the delivery thereof, in accordance with such directions as may be issued in that behalf by the Minister in charge of the subject of Finance.”.
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