Finance Leasing Act 2000 · As enacted · Part I · Registration of Finance Leasing Businesses
8. Alteration of certain docuinents onty with approval
Feedback & supportOfficial English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Finance Leasing Act, No. 56 of 2000
the disposal of such equipment after the expiration of the finance lease ; and such other particulars as may be prescribed.
equipment
“equipment” means any tangible asset which has an economically useful life of more than one year and does not include land, any improvements made to land other than fixtures or immovable property attached to land which can be removed from the land without substantial destruction to such fixture or immovable property;
Except with the prior written approval of the Director, a registered establishment shall not—
Director
“Director” means the head of the department of the Central Bank of Sri Lanka to which the subject of supervision of finance leasing companies under this Act, has been assigned by the Monetary Board;