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Chapter V · General

32. Authority not to transact business with enterprises in which a member has interest, unless approved by the Minister

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

The Authority shall not make any investment in or otherwise transact business with an enterprise of which a member of the Authority is a partner, director or shareholder or in where such partner, director or shareholder directly or indirectly has an interest, unless the transaction is approved by the Minister.