Words starting with U

unauthrorised payment device

Defined in Payment Devices Frauds Act 2006, s 32

“means any payment device which is stolen, lost, expired, revoked, cancelled, suspended or obtained or used by misrepresentation of facts.”

uncalled capital

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

“includes any amount payable in respect of the issue of shares or under the articles of a company; Rescue, Rehabilitation and Insolvency”

undeclared profits and income

Defined in Inland Revenue (Special Provisions) Act 2002, s 6

“means any profits and income chargeable with income tax under the law for the time being applicable to the imposition of income tax in respect of which a person has not furnished a return of income oF which has not been declared in a …”

undercover operation

Defined in Proceeds of Crime Act 2025, s 150

“shall mean a process within an investigation which involves an Investigation Officer or an officer subordinate to an Investigation Officer who is subject to direction of an Investigation Officer engaging in conduct which at times may …”

Underperforming Enterprise

Defined in Revival of Underperforming Enterprises or Underutilized Assets Act 2011, s 9

“means a company or other authority, institution or body established by or under any written law for the time being in force, in which the Government owns shares and where the Government has paid contingent liabilities of such enterprise …”

Underutilized Asset

Defined in Revival of Underperforming Enterprises or Underutilized Assets Act 2011, s 9

“means— (a) land that was owned by the Government or a Government Agency and alienated within a period of twenty years prior to the date of the Revival of Underperforming Enterprises or coming into operation of this Act to any person, by …”

UNESCO

Defined in Sri Lanka National Commission for the UNESCO Act 2024, s 36

“means the United Nations Educational, Scientific and Cultural Organization”

UNESCO activities

Defined in Sri Lanka National Commission for the UNESCO Act 2024, s 36

“means programmes, projects and all other activities carried out by the UNESCO system”

UNESCO areas of competencies

Defined in Sri Lanka National Commission for the UNESCO Act 2024, s 36

“means Educational, Scientific and Cultural, Social and Human Sciences and Communication and Information areas”

UNESCO Programmes

Defined in Sri Lanka National Commission for the UNESCO Act 2024, s 36

“means the UNESCO areas of competence and includes Education, Natural Sciences, Social and Human Sciences, Culture and Communication and Information.”

UNESCO system

Defined in Sri Lanka National Commission for the UNESCO Act 2024, s 36

“means the UNESCO headquarters, regional offices, field offices, National Offices, liaison offices, Commissions, Networks, Category 01 and Category 02 centers, UNESCO Heritage sites, Biosphere reserves, UNESCO Cities and UNESCO Clubs …”

unexpired risks

Defined in Regulation of Insurance Industry Act 2000, s 114

“means the amount set aside at the end of a financial year of an insurer, (in addition to net unearned premiums) in respect of risks to be borne by such insurer after the end of such financial year under a contract of insurance entered into …”

unfair trade practice

Defined in Public Utilities Commission of Sri Lanka Act 2002, s 44

“means a trade practice which for the purpose of promiting the sale, use or supply of any goods or for the provision of any service adopts an unfair method or unfair or deceptive practice including any of the following practices, namely”

unit development

Defined in Petroleum Resources Act 2003, s 34

“means the development of a common reservoir that is situated within the boundaries of two or more exploration blocks or the area covered by two or more development licenses”

Also defined in 1 other Act

Unit Development Agreement

Defined in Petroleum Resources Act 2003, s 34

“means an arrangement between two or more Contractors for jointly conducting petroleum operations in respect of a common reservoir of petroleum resources.”

unit trust

Defined in Inland Revenue Act 2006, s 217

“means any unit trust licensed as a unit trust by the Securities and Exchange Commission of Sri Lanka”

University

Defined in Homoeopathy Act 2016, s 52

“means any University established or deemed to be established under the Universities Act…”

Also defined in 1 other Act

University Grants Commission

Defined in National Institute of Co-operative Development (Incorporation) Act 2001, s 33

“means the University Grants Commission established by the Universities Act…”

Also defined in 1 other Act

University of Kelaniya

Defined in Gampaha Wickramarachchi Ayurveda Teaching Hospital (Transfer) Act 2007, s 4

“means the University of Kelaniya established by an Order made under section 25B of the Universities Act…”

unlawful activity

Defined in Financial Transactions Reporting Act 2006, s 33

“means any act which constitutes an offence under:— (a) the Poisons, Opium and Dangerous Drugs Ordinance; (b) any law or regulation for the time being in force relating to the prevention and suppression of terrorism; (c) the Bribery Act …”

Also defined in 3 other Acts

unrelieved loss

Defined in Finance Act 2021, s 19

“shall have the same meaning assigned to such expression under section 19 of the Inland Revenue Act…”

unscheduled discrete organic chemical

Defined in Chemical Weapons Convention Act 2007, s 47

“means any chemical belonging to the class of chemical compounds consisting of all compounds of carbon except for its oxides, sulfides and metal carbonates, identifiable by chemical name, by structural formula, if known, and by chemical …”

upstream

Defined in Petroleum Resources Act 2021, s 51

“means, the operational stages in the oil and gas industry that involve exploration and development and deal with a contractor initially taking steps to locate, drill, test and produce oil and gas.”

Urban Development Authority

Defined in Apartment Ownership (Special Provisions) Act 2018, s 4

“means the Urban Development Authority established under the Urban Development Authority Law…”

Also defined in 3 other Acts

urban settlement area

Defined in Urban Settlement Development Authority Act 2008, s 68

“means an area declared by the Minister as an Urban Development Area under the provisions of subsection (I) of section 3 of the Urban Development Authority Act…”

USD

Defined in Inland Revenue Act 2017, s 195

“means the United States Dollar”

use

Defined in Convention against Doping in Sport Act 2013, s 36

“means the application, injection or consumption by any means whatsoever of any prohibited substance or prohibited method”

utility

Defined in Sri Lanka Electricity Act 2024, s 52

“means, the electricity lines or electricity plant, including all lands, buildings, works and materials attached thereto belonging to any person acting as a licensee under the provisions of this Act and an “electric utility” means any …”