BANK OF CEYLON RATNAPURA SUPER GRADE BRANCH - AUCTION SALE OF A VALUABLE PROPERTY

Date & Time : THURSDAY 26TH JANUARY 2023 COMMENCING AT 11.00 A.M.
To Be Held At : AT THE SPOT
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Mode of Payment
The Successful purchaser will have to pay the following amounts in cash at the fall of the hammer.
1. 10% (Ten Percent) of the Purchased Price.
2. 15% VAT as applicable.
3. 1% (One Percent) of the purchased price as sales taxes payable to the Local Authority.
4. Auctioneer’s Commission of 2 ½ % (Two and a half percent only) on the Purchased Price plus applicable taxes on the commission.
5. Cost of sale and any other charges if any.
6. Applicable government taxes on the purchased price will have to be paid by the purchaser.
7. Further 10% of the Purchased Price will have to be paid within 30 days from the auction date.
8. Balance 80% of the Purchased Price is to be settled within three months from the date of sale to The Chief Manager, Bank of Ceylon, Super Grade Branch Ratnapura.

Title deeds and any other reference may be obtained from The Chief Manager, Bank of
Ceylon, Super Grade Branch, Ratnapura. Tel: 045 2222444/045 2222100