Colombo District (low-lying areas) Reclamation and Development Board Act.

The Act institutes the Reclamation and Development Board which, under the provisions of this very Act, shall claim possession of or buy any parcel of low-lying wetland (Reclamation and Development Area) and render it apt to be built upon. The land so vested to the Board may be sold and a sum equivalent to the value of the same parcel of land before reclamation shall be paid by the Board to the competent Authority; or the same land may be leased or mortgaged or used for any development scheme (road building, water drainage or supply etc.)
Chapter IV establishes conditions and principles governing the alienation by permit or grant and the criteria for the calculation of the annual payment. Further provisions concern among other matters: protection of land held on permits or grants (chap. V); succession (chap. VII); cancellation of grants and permits (chap. VIII); procedure in ejectment (chap. IX); recovery of annual payments and moneys due to the State (chap. X).