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As enacted
Contents

Part XVII · Application of Act to Existing Companies

486. Provisions relating to articles of existing companies

Official English translation. The Sinhala text prevails.

(1)

The model articles shall not apply to an existing company unless it resolves that they shall apply, under subsection (1) of paragraph (b) of section 15.

(2)

The memorandum of association of an existing company shall be deemed to form part of the articles of the company.

(3)

The articles of an existing company shall continue to be the articles of such company for the purposes of this Act, and where such articles has adopted all or any of the rules set out in Table A of the First Schedule to the Companies Act,

No. 17 of 1982, those rules shall be deemed to be incorporated in such articles of the company, as if set out in full in those articles.

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

Repeals and Amendments

Schedules