2. Scope of the Act

Notwithstanding anything contained in any other law any person who—

pledges, enters into a purchase agreement, conditional transfer, finance leasing agreement or mortgage of any movable property, assignment of accounts or other rights of payment of consignment;

enters into an agreement for sale of accounts and chattel paper;

enters into a lease agreement in respect of a movable property for a period exceeding one year;

gives any undertaking in terms of section 2 of the

gives any undertaking of any consignment of goods imported into Sri Lanka in terms of section 2 of the