
Impact of data transparency and accessibility on the accuracy of Fair Value for financial reporting purpose in the context of information asymmetry
January 19, 2025
Evolution of Condominium Market in Sri Lanka: A Review and Predict
January 19, 2025Author:

D. Prathapasinghe
Lincoln University College of Malaysia

Leelananda, H.H
University of Moratuwa
Information
In relation to land and property planning and development, the Urban Development Authority Act No. 41 of 1978 of the National Assembly and its amendments were published by the Urban Development Authority by Gazette Notice No. 2235/54 dated 18 July 2021. The Planning and Building Regulations formed the basis for this guidance. The prime objective is to interpret the planning and building regulations included in the relevant gazette notification to make them simple and easy to use while maintaining their basic essence unchanged, as well as to create understanding and convenience for those who use them. Besides that, it is expected that with these guidelines, developers and other stakeholders will be better educated about these regulations, gain a better understanding of them, be encouraged to follow these regulations correctly, discourage development activities without approval, and thus improve the standard and quality of property development activities in the country. These guidelines should always be used in conjunction with the Act and the Gazette Notification and their amendments referenced above.
In the event that this Gazette Notification is amended in the future, the revised regulations should be incorporated into this guideline.
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