Companies Act 2007 · As enacted · Part VII · Management and Administration Registered Office
200. Disclosure of share dealing by directors
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
A person who—
is a director of a company on the appointed date; or
becomes a director of a company thereafter, and who has a relevant interest in any shares issued by the company, shall forthwith—
disclose to the board the number and class of shares in which the relevant interest is held and the nature of the relevant interest; and
ensure that the particulars disclosed to the board under paragraph (c) are entered in the interests register.
A director of a company who acquires or disposes of a relevant interest in shares issued by the company shall, forthwith after the acquisition or disposition—
disclose to the board—
the number and class of shares in which the relevant interest has been acquired or the number and class of shares in which the relevant interest was disposed of, as the case may be;
the nature of the relevant interest;
the consideration paid or received; and
the date of the acquisition or disposition; and
ensure that the particulars disclosed to the board under paragraph (a) are entered in the interests register.
APPOINTMENT AND REMOVAL OF DIRECTORS
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