Companies Act 2007 · As enacted · Part VII · Management and Administration Registered Office
129. Trusts not to be entered on share register
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
Subject to the provisions of subsection (2), no notice of any trust, expressed, implied or constructive, shall be entered on the shareregister or be receivable by the Registrar in the case of companies registered in Sri Lanka.
A company shall enter in its register and the Registrar shall receive notice of any trust, the trustee of which is a company and—
the principal business of which is to act as a central depository to a stock exchange licensed under the
Securities and Exchange Commission of Sri Lanka
Act, No. 36 of 1987 ; and
which has been approved by the Minister in consultation with the Securities and Exchange
Commission of Sri Lanka, established by that Act.
Part VIII
Amalgamations
Part IX
Compromises with Creditors
Part X
Approval of Arrangements, Amalgamations, and Compromises by Court
Part XI
Provisions Relating to Offshore Companies
Part XII
Winding Up
Part XIII
Administrators Appointment of Administrator
Part XIV
Floating Charges
Part XV
Receivers and Managers
Part XVI
Registrar-General of Companies and Registration Appointment of Officers
Part XVII
Application of Act to Existing Companies
Part XVIII
Overseas Companies
Part XIX
Advisory Commission
Part XX
Companies Disputes Board
Part XXI
Offences Miscellaneous Offences
Part XXII
Miscellaneous Prohibition of Partnership with More Than Twenty Members
Part XXIII