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Contents

Part XII

328. Applicability of this Chapter in provisional liquidation

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

Unless an order of court provides otherwise, where a provisional liquidator is appointed by an order made under section 304 any reference made to a liquidator or to a liquidation, in the following sections shall be read and construed as if it was a reference applicable to the provisional liquidator or provisional liquidation, respectively, as the case may be -

(a)

section 317;

(b)

section 318;

(c)

section 319;

(d)

section 322;

(e)

section 323, for the purposes if this section the reference in section 325 to paragraph (c) of subsection (2) of section 298 shall be read as subsection (1) of section 304;

(f)

section 325;

(g)

section 326; and

(h)

section 327 (excluding the reference in subsection (2)).

Rescue, Rehabilitation and Insolvency

CHAPTER 5

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