The Act aims at the conservation of soil resources for the prevention or mitigation of soil erosion and at the protection of land against damages by flood and drought.

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.

These amendments of the Land Development Ordinance include provisions relating to the seizure and sale by prescribed institutions of State Land.

Amends: Land Development Ordinance 1935 (No. 19 of 1935). (1973)

Section 8L on Remission of rates has been added and the amendment included in Section 2 shall enter into force as per the 12th November 1979.

Amends: Urban Development Authority Law. (1979)

The Ordinance aims at facilitating the identification of land boundaries in Sri Lanka.

This Act provides for the establishment of the Ceylon Petroleum Corporation and for its powers and dutiesDuties of the Corporation shall include: carrying on business as an importer, exporter, seller, supplier or distributor of petroleum; and exploring, exploiting and producing petroleum. Provisions for the financing of the Corporation are outlined in the Act.