Finance Leasing Act 2000 · இயற்றப்பட்டவாறு · Part I · Registration of Finance Leasing Businesses
Section 9
கருத்துகள் மற்றும் உதவிஅதிகாரப்பூர்வ ஆங்கில மொழிபெயர்ப்பு. சிங்கள அல்லது தமிழ் உரையிலிருந்து வேறுபடும் இடங்களில் எந்த உரை மேலோங்கும் என்பதைச் சட்டமே குறிப்பிடுகிறது.
Cancellation or suspension of Tegistration alter or deviate from the particulars contained in the operating manual submitted under paragraph (d) of subsection (1) of section 4 ; or where such establishment is a company, alter its
Memorandum and Articles of Association.
The registration of a registered establishment may be suspended or cancelled by the Director on any one or more of the following grounds :—
Director
“Director” means the head of the department of the Central Bank of Sri Lanka to which the subject of supervision of finance leasing companies under this Act, has been assigned by the Monetary Board;
failure to commence business within twelve months after registration ;
ceasing to carry on finance leasing business ;
proposing to make, or making any composition or arrangement with its creditors or going into liquidation or being wound up or otherwise dissolved ;
.
carrying on its business in a manner likely to be detrimental to the interests of ils lessees ;
inability to mect its obligations to its lessees, creditors or suppliers, as the case may be ;
acting in contravention of any provisions of this Act or any regulations made thereunder, or any condition imposed or any directions given by the Director under this Act or such regulation ;
furnishing false, misleading or inaccurate information or concealing or failing to disclose material facts, in its application for registration ; or where such establishment is a licensed commercial bank, licensed specialized bank or a licensed finance company, the licence issued to such establishment has been revoked by the authority issuing the same, under the Banking Act, No. 30 of 1988 or the Finance
Companies Act, No. 78 of 1988, as the case may be.
The Director may, for one or more of the grounds specified in subsection (1)—