Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act 2026 · As enacted · Part I
30. Interests statement
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
Interests statement signed by a person shall, in such level of detail as may be prescribed, disclose –
each circumstance, relationship or other fact or matter that gives rise to, or could reasonably be perceived as giving rise to, a conflict of interest for the person, in relation to the role in connection with which the interests statement is required;
the nature of each such conflict of interest; and
Rescue, Rehabilitation and Insolvency
how the person intends to manage each such conflict of interest.
Before a person signs an interest statement, the person shall make the inquiries that are reasonably necessary for ensuring that the interests statement is complete.
Any person who signs an interests statement, where –
the interests statement is false or misleading in a material particular; and
the person either –
knows that the interests statement is false or misleading in a material particular; or
omits to disclose any fact or matter, knowing that the omission makes the interests statement false or misleading in a material particular, commits of an offence.
Part II
Personal Insolvency: Principles
Part III
Debt Protection Moratorium Order
Part IV
Debt Restructuring Arrangements
Part V
Debt Rehabilitation Orders
Part VI
Part VII
Personal Insolvency Register
Part VIII
Part IX
Part X
Compromises
Part XI
Micro Small Medium Enterprise (MSME) Company Debt Restructuring Arrangements
Part XII
Part XIII
Part XIV