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srilawsby aturio
As enacted
Contents

Part I

31. Statement of pre-administration costs

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

A statement of pre-administration costs, if prepared, shall include –

(a)

details of the work done for which, and any agreements under which, the costs, charges and expenses were incurred and the remuneration was charged;

(b)

an explanation of why the work –

(i)

was done before the administration of the company commenced; and

(ii)

was with a view to furthering the achievement of the objective referred to in paragraph (d)

of section 178;

(c)

the unpaid amounts of the pre-administration costs, setting out separately –

Rescue, Rehabilitation and Insolvency

(i)

costs, charges and expenses incurred; and

(ii)

remuneration charged;

(d)

the previously paid amounts (if any) of the pre-administration costs, setting out separately –

(i)

costs, charges and expenses incurred; and

(ii)

remuneration charged; and

(e)

such other information as may be prescribed.

Part II

Personal Insolvency: Principles

Read on from Part II

Part III

Debt Protection Moratorium Order

Read on from Part III

Part IV

Debt Restructuring Arrangements

Read on from Part IV

Part V

Debt Rehabilitation Orders

Read on from Part V

Part VI

Read on from Part VI

Part VII

Personal Insolvency Register

Read on from Part VII

Part VIII

Read on from Part VIII

Part IX

Read on from Part IX

Part X

Compromises

Read on from Part X

Part XI

Micro Small Medium Enterprise (MSME) Company Debt Restructuring Arrangements

Read on from Part XI

Part XII

Read on from Part XII

Part XIII

Read on from Part XIII

Part XIV

Cross - Border Insolvency

Read on from Part XIV

Part XV

Read on from Part XV

Part XVI

Read on from Part XVI

Part XVII

Read on from Part XVII

Schedules