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18. Amendment of section 508 of the principal enactment

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

Section 508 of the principal enactment is hereby amended by the repeal of subsection (1) thereof and substitution therefor, of the following: -

“(1) A party to a dispute –

(a)

arising in giving effect to the provisions of this Act; or

(b)

which relates to the management of affairs of any company, may request the Companies Disputes Board that the dispute may be referred to for mediation before a member of the Companies Disputes Board and the

President of the Companies Disputes Board may, if he deems appropriate, refer the same for mediation to any member of the Companies Disputes Board.”.

Read on from s 19

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