Section No :  
1980 Revised version
PEOPLE'S BANK (ACQUISITION OF PREMISES)
Marginal Notes
1. This Act may be cited as the People's Bank (Acquisition of Premises) Act.*
2. Administration of this Act.
3. Acquisition of certain premises. [2,Law 16 of 1973.]
4. Acquisition procedure.
4A. Revocation of vesting Order. [ 4, Law 16 of 1973.]
5. Notice to persons entitled to make claims to the compensation payable under this Act in respect of any premises vested in the Bank.
6. Provisions to be complied with by the Chairman of the Board of Directors of the Bank on receipt of claims to compensation.
7. Reference to the Compensation Tribunal for an award as to compensation in respect of any premises vested in the Bank under this Act.
8. Compensation in respect of premises vested in the Bank under this Act. [5,law l6 of 1973]
9. When compensation in respect of any vested premises accrues due.
10. Proportionate Payment of compensation.
11. Interest on compensation,
12. Right to compensation.
13. Provisions for cases where compensation is not accepted amp
14. Constitution of the Compensation Tribunal
15. Meetings of the Compensation Tribunal.
16. Proceedings before Compensation.
17. Power to summon a witnesses, amp
18. Determination of the Compensation Tribunal.
19. Compensation Tribunal may regulate its procedure at meetings.
20. The Bank and claimants to compensation to be given an opportunity of being heard before the making of an award.
21. Provisions in regard to evidence.
22. An award as to compensation by the Compensation Tribunal on a reference.
23. Disposal of premises acquire by the bank under the preceding provisions of this Act
24. Power to enter survey, amp c [6,I.aw 16 of 1973.]
25. Power of Bank to call for returns,
26. Prohibition of act which diminishes the value of any premises to be vested in the Bank under this Act.
27. Informality or irregularity,
28. Financial provisions.
28A. Applications made to the Ceylon Stale Mortgage Bank deemed to he applications made to the People's Bank, [ 7, Law 16 of 1973.]
29. Regulations,
31. Interpretation,