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Part I · Registration of Finance Leasing Businesses

3. Qualifications for registration

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

A person shall not be eligible to be registered under this Act, unless such person—

{a) is a licensed commercial bank or a licensed specialized bank within the meaning of the Banking

Act, No. 30 of 1988 ;

(b)

a finance company within the meaning of the Finance

Companies Act, No. 78 of 1988 ; or

(c)

apublic company incorporated under the Companies

Act, No. 17 of 1982 having such minimum issued and paid up capital as may be prescribed.

2-—~H 008049-4,550 (00/07)

Report

Part II

Duties of Lessors, LessuEs AND SUPPLIERS

Part IH

Powers of the Director and Officers

Part IV

Miscellaneous