As enacted

Contents

Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act 2026 · As enacted · Part XVII

470. Amendment of section 431 of the Companies Act

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

Section 431 of the Companies Act is hereby amended –

(a)

in paragraph (b) of subsection (5), by the substitution for the word and ﬁgure “section 440.”, of the words and ﬁgures “section 374

of the Rescue, Rehabilitation and Insolvency and

Rescue, Rehabilitation and Insolvency

(b)

in subsection (6) –

(i)

by the substitution for the words “ﬁxed charge”, of the words “ﬁxed security”;

(ii)

by, the substitution for the word and ﬁgure

“section 427”, of the word and ﬁgure

“section 428,”; and

(iii)

by the substitution for the words “registered in respect of the land”, of the word

"registered".

Schedules