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26. Amendment of section 217 of the principal enactment

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

Section 217 of the principal enactment as last amended by Act, No. 22 of 2011 is hereby further amended as follows :-

(1)

in the definition of the expression “dividends” by the substitution in sub-paragraph (iii) of paragraph (a) for the words “any other company; and ”, of the words “any other company; or

(iv)

scrip dividend or dividend in specie ; and ”;

(2)

in the definition of the expression “public corporation”, by the substitution for the words and figures “Companies Act, No.17 of 1982,”, of the words and figures “Companies Act, No. 7 of 2007,”.