Sri Lanka Atomic Energy Act 2014 · As enacted · Part II
38. Termination of a licence
Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.
Official translationFrom Department of Government Printing, unchanged
Where a person to whom a licence is issued under this Chapter-
dies or where the person concerned is a company or a partnership, the company or the partnership, becomes bankrupt;
is adjudged insolvent; or
wishes to discontinue the conduct of the practice in respect of which the licence was issued, prior to its expiry, the licence so issued shall be deemed to have terminated.
Where a licence is deemed to have terminated on the occurrence of any event specified in subsection (1), it shall be the duty of the licencee or the next of kin of a licencee who dies or the partners or the directors of the partnership or the company, to inform the Council forthwith of such event and thereafter to take all such action as may become necessary to comply with any directions that may be issued by the Council, relating to the management of the radioactive material or sources connected with the practice conducted under the licence.
The Council shall release a licencee referred to in this section of all regulatory obligations imposed under this Act, when the Council is satisfied that radioactive material or sources used in the conduct of the practice concerned, cease to pose a threat to human life or to the environment.