1990 Suwaseriya Foundation Act 2018 · As enacted · Part V · General
27. Interpretation
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
In this Act, unless the context otherwise requires—
“close relation” means spouse or dependent child;
“GVK EMRI Lanka (Private) Limited” means the company incorporated under the provisions of the
Companies Act, No. 7 of 2007 bearing company incorporation No. PV 111132;
“healthcare provider” includes any institution or establishment used or intended to be used for the reception of, and the providing of medical and nursing care and treatment for persons suffering from any sickness, injury or infirmity, a Hospital, Nursing
Home, Maternity Home, Medical Laboratory, Blood
Bank, Dental Surgery, Dispensary and Surgery,
Consultation Room, and any establishment providing health screening or health promotion service, but does not include a house of observation,
Mental hospital, any private dispensary or Pharmacy or drug stores exclusively used or intended to be used for dispensing and selling any drug, medical preparation or pharmaceutical product, or any
Institution or premises registered for any purpose under the provisions of Ayurveda Act, No. 31 of 1961
and the Homeopathy Act, No. 7 of 1970;
1990 Suwaseriya Foundation
“Minister” means the Minister assigned the subject of the Suwaseriya Foundation;
“pre-hospital care” includes first aid, emergency care or treatment given to a person suffering from any sickness, injury or infirmity until he reaches a health care provider;
“President” means the President of the Democratic
Socialist Republic of Sri Lanka;
“substantial interest” means—
in relation to a company, the holding of a beneficial interest by another company or an individual or his relative, whether singly or taken together, in the shares thereof, the paid up value of which exceeds ten per centum of the paid up capital of the company or the existence of a guarantee or indemnity for a sum not less than ten per centum of the paid up capital given by an individual or his relative or by another company on behalf of such company;
in relation to a firm, the beneficial interest held therein by an individual or his relative, whether singly or taken together, which represents more than ten per centum of the total capital subscribed by all partners of the firm or the existence of a guarantee or indemnity for a sum not less than ten per centum of such capital given by an individual or the spouse, parent or child of the individual on behalf of such firm.