As enacted

Contents

Finance Business Act 2011 · As enacted · Part II · Directions, Rules and Requirements on Finance Companies

22. Declaration of assets and liabilities

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

(1)

The Director may require any director, manager, employee of a finance company to make a declaration of his assets and liabilities to the Director as at a date and in such form as may be specified by the Director.

(2)

In requiring a declaration under subsection (1) the

Director may also require the details of increase and decrease in liabilities and acquisition and disposal of assets for a particular period.

(3)

For the purpose of this section “assets and liabilities”

means assets and liabilities within and outside Sri Lanka, and includes immovable and movable property owned by the declarent or a relative in whole or in part and any property in which the declarent or a relative has a beneficial interest.

Read on from s 23

Part III