Sri Lanka to restrict coconut land sales

June 22, 2011 (LBO) – Sri Lanka aims to bring in new laws restricting sale of coconut land to extents below five acres under efforts to prevent further reduction of acreage and to increase crops, an official said. Minister of coconut development Jagath Pushpakumara said the new laws would be introduced in parliament in about four months.

The restrictions were needed to prevent further fragmenting of coconut land which was one of the reasons for lower cops in recent years, he told a news conference.

Under existing law, owners of coconut estates can sell coconut lands that are below 10 acres.

Pushpakumara said coconut trees have been cut down in recent years for housing and industries.

The state is trying to increase coconut cultivation to meet the growing needs of both domestic users as well as export industries, the minister said.

Some of Sri Lanka’s coconut land is in fast growing areas such as Kurunegala where owners of land can put them to better use increasing economic output, living standards and overall growth.

At the moment however coconut prices are high.

Sri Lanka’s politicians have the power through parliament to restrict the right of citizens to use their ancestral la