Words starting with I

innovation

Defined in National Innovation Agency Act 2019, s 27

“includes– (a) a novel technological model, utility model or industrial design; (b) a product, process, service or idea which is novel; (c) an improved use of a new product, service or method in industry, business or society; (d) indigenous …”

insanitary conditions

Defined in National Medicines Regulatory Authority Act 2015, s 146

“means such conditions or circumstances as are likely to contaminate medicine, medical device or borderline product with dirt or filth or render same injurious to health”

insolvency

Defined in Banking (Special Provisions) Act 2023, s 93

“means a situation where the liabilities of a licensed bank are higher than the assets of such licensed bank as reflected in its balance sheet”

Insolvency Holding Account

Defined in Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act 2026, s 2

“means, the account referred to in section 431”

Insolvency Practitioner

Defined in Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act 2026, s 2

“means a person registered by the Authority as such under the provisions of Chapter 3 of Part I”

Insolvency Surplus Account

Defined in Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act 2026, s 2

“means the account referred to in section 431”

insolvent

Defined in Rescue, Rehabilitation and Insolvency (Corporate and Personal) Act 2026, s 2

“shall have the meaning given to it in subsection (1) of section 409; and a company, shall have the meaning given to it in subsection (2) of section 409”

Inspector-General of Police

Defined in Removal of Officers (Procedure) Act 2002, s 20

“means the holder of the Office of Inspector-General of Police of the Democratic Socialist Republic of Sri Lanka. Removal of Officers (Procedure)”

Institution

Defined in Contempt of a Court, Tribunal or Institution Act 2024, s 16

“means, an institution created and established by written law for the administration of justice and for the adjudication and settlement of industrial and other disputes”

Also defined in 2 other Acts

Instructing Attorney

Defined in Conferring the Honour of Senior Instructing Attorneys-at-Law Act 2023, s 4

“means an Attorney-at-Law whose main practice is to instruct a Counsel to appear in court on the instructions of such Attorney-at-Law.”

instrument

Defined in Registration of Title Act 1998, s 75

“means a document having the effect of conveying title to and interest in any land parcel in the prescribed form.”

Also defined in 1 other Act

instrumentality

Defined in Proceeds of Crime Act 2025, s 150

“means any property which has been used by any person exclusively or partly to commit any unlawful activity, and the use of such property had in the circumstances pertaining to the committing of the unlawful activity been necessary, and …”

insurance agent

Defined in Regulation of Insurance Industry Act 2000, s 114

“means an individual registered as an insurance agent with an insurer or broker under the provisions of this Act, and who in consideration of a commission solicits or procures insurance business for such insurer or broker as the case may …”

insurance business

Defined in Regulation of Insurance Industry Act 2000, s 114

“means— (a) long term insurance business, that is to say, the business of entering into or maintaining contracts of assurance on human lives, such contracts including contracts whereby the payment of money is assured on death or on the …”

Insurance Regulatory Commission of Sri Lanka

Defined in Securities and Exchange Commission of Sri Lanka Act 2021, s 188

“means the Insurance Regulatory Commission of Sri Lanka established by the Regulations of Insurance Industry Act…”

insured depositors

Defined in Banking (Special Provisions) Act 2023, s 93

“means holders of eligible deposits, subject to the maximum compensation payable to a depositor under section 44”

insured deposits

Defined in Banking (Special Provisions) Act 2023, s 93

“means all eligible deposits, subject to the maximum compensation payable to a depositor under section 44”

insurer

Defined in Regulation of Insurance Industry Act 2000, s 114

“means a company registered to carry on insurance business in Sri Lanka under the provisions of this Act, and includes a company deemed to be registered under subsection (2) of section 113”

intangible

Defined in Secured Transactions Act 2024, s 75

“means movable property including choses in action that is not goods, chattel paper, documents of title, instruments, money or investment property”

integrated circuit

Defined in Intellectual Property Act 2003, s 159

“means a product, in its final form or an intermediate form, in which the elements, at least one of which is an active element, and some or all of the interconnections are integrally formed in or on a piece of material and which is intended …”

interconnection service

Defined in Telecommunication Levy Act 2011, s 12

“means interconnection services set out in Interconnection Rules 2003 made under section 68 of the Sri Lanka Telecommunication Act…”

interest

Defined in Sri Lanka Electricity Act 2024, s 52

“means, any financial or other interest directly or indirectly, in any company or undertaking carrying on any of the following activities:– (a) the generation, transmission, distribution, or supply of electricity; (b) the manufacture …”

Also defined in 1 other Act

interest in land parcel

Defined in Registration of Title Act 1998, s 75

“means an interest less than full ownership of the land parcel and includes any servitudes or encumbrance over such land parcel”

interested parties

Defined in Safeguard Measures Act 2018, s 41

“means – (a) an exporter and foreign producer of the investigated product; (b) an importer of the investigated product; (c) trade or business associations, a majority of the members of which are producers, exporters or importers of the …”

intermediary

Defined in Electronic Transactions Act 2006, s 26

“means a person acting as a service provider on behalf of another person in relation to the sending, receiving, storing or processing of the electronic communication or the provision of other services in relation to it”

internally displaced person

Defined in Registration of Electors (Special Provisions) Act 2013, s 8

“means a citizen of Sri Lanka who was permanently resident in the Northern Province or Eastern Province and who was forced or obliged to leave his residence at any time prior to May 18, 2009, as a result of any action of a terrorist …”

Also defined in 1 other Act

International Bank for Reconstruction and Development

Defined in Microfinance and Credit Regulatory Authority Act 2026, s 83

“means the International Bank for Reconstruction and Development established in pursuance of agreements drawn up at the United Nations Monetary and Financial Conference held at Bretton Woods in New Hampshire in the United States of America …”

International Development Association

Defined in Microfinance and Credit Regulatory Authority Act 2026, s 83

“means, the International Development Association established under the Schedule of the International Development Association Agreement Act…”

International Finance Corporation

Defined in Microfinance and Credit Regulatory Authority Act 2026, s 83

“means, the International Finance Corporation established under the Schedule of the International Finance Corporation Agreement Act…”

international financial institutions

Defined in Banking (Special Provisions) Act 2023, s 93

“includes the Asian Development Bank, the International Bank for Reconstruction and Development, the International Development Association, the International Monetary Fund or similar institutions”