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Contents

Part I

9. Powers of the Official Receiver

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

The powers of the Official Receiver shall be –

(a)

to serve as liquidator or provisional liquidator;

(b)

to serve as Bankruptcy Trustee or Interim

Receiver;

Rescue, Rehabilitation and Insolvency

(c)

to make applications for the disqualification of directors, and undertake associated activities;

(d)

to deal with the Insolvency Holding Account and Insolvency Surplus Account, and undertake associated activities;

(e)

to take action in respect of the conduct of debtors in Bankruptcy;

(f)

to make applications under section 419; and

(g)

any other powers provided for in this Act or any regulation made thereunder.

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

Cross - Border Insolvency

Part XV

Part XVI

Part XVII

Schedules