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As enacted
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Part XVIII · Overseas Companies

488. Interpretation

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

For the purposes of this Part of this Act, the expressions —

“director” in relation to a company, includes any person in accordance with whose directions or instructions the directors of the company are accustomed to act;

“overseas company” means any company or body corporate incorporated outside Sri Lanka, which —

(a)

after the appointed date, established a place of business within Sri Lanka; or

(b)

has, before the appointed date, established a place of business within Sri Lanka and continues to have an established place of business within Sri Lanka on the appointed date;

“place of business” includes a share transfer or share registration office;

“registered overseas company” means an overseas company which has delivered or is deemed to have delivered to the Registrar, the documents and particulars required under section 489; and

“secretary” includes any person occupying the position of secretary, by whatever name called.

Read on from s 489

Part XIX

Advisory Commission

Read on from Part XIX

Part XX

Companies Disputes Board

Read on from Part XX

Part XXI

Offences Miscellaneous Offences

Read on from Part XXI

Part XXII

Miscellaneous Prohibition of Partnership with More Than Twenty Members

Read on from Part XXII

Part XXIII

Repeals and Amendments

Read on from Part XXIII

Schedules