11. Restriction on use of abbreviated name or acronym of a finance company

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

No company, proprietorship, partnership or other entity shall without the prior written approval of the Director, be registered under any written law with a name that contains as part of it, the abbreviated name or acronym of any finance company:

Provided however, the provision of this subsection shall not be construed in such manner as would affect the powers conferred on the Registrar General of Companies in terms of section 7 and 10 of the Companies Act, No. 7 of 2007.

(2)

No person other than the respective finance company shall use the name, abbreviated name or acronym of a finance company, in any of its advertisements promoting its business without the prior written approval of the Director.

Part II