The Hon. Susil Ranasinghe
Hon. Susil Ranasinghe stated that if the company regularized under the interim sublease has failed to develop the land in accordance with the lease conditions, steps will be taken to repossess it. He said a committee led by the Divisional Secretary is examining compliance, re-vesting procedures, the related bank mortgage issue, and measures to protect State interests and recover arrears.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 If the company that was regularized for interim sublease has not developed the land per the lease, we will proceed to repossess. A committee under the Divisional Secretary is inquiring whether conditions have been met and how to re-vest. There is also the mortgage issue with the bank. We are proceeding to protect the State’s interest and recover arrears.
Provenance
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- Hansard, Thursday, 19 June 2025 ·No. 1751430648025512 ·English daily/uncorrected Hansard
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Cite as: The Hon. Susil Ranasinghe. 10th Parliament, Parliament of Sri Lanka. Hansard, 19 June 2025. No. 1751430648025512. Politick, https://staging.politick.io/lk/speeches/27440