DFCC Bank (Repeal and Consequential Provisions) Act 2014 · As enacted
3. Registration of the DFCC Bank as a public limited company under the Companies Act…
Official English translation. The Sinhala text prevails.
Official translationFrom Department of Government Printing, unchanged
The Minister may, at any time after the date of commencement of this Act, forward to the Registrar of
Companies Articles of Association duly approved by the
Monetary Board together with a direction to such Registrar requiring him to register the DFCC Bank as a public limited company under the Companies Act, No. 07 of 2007, with the name “DFCC Bank PLC” with effect from the specified date.
Notwithstanding anything contained in the
Companies Act, No. 07 of 2007, the Registrar of Companies shall, on receipt of a direction under subsection (1)—
issue a Certificate of Incorporation under subsection (1) of section 5 of the aforesaid Act, in the name
“DFCC Bank PLC”; and
publish an Order in the Gazette declaring that from the specified date a public limited company is incorporated in the name “DFCC Bank PLC”
2
DFCC Bank (Repeal and Consequential
Provisions) DFCC Act, No. 39 of 2014
(hereinafter referred to as “the Company”) to take over and carry on the business of the DFCC Bank as a going concern.