Words starting with M

money transmission

Defined in Payment and Settlement Systems Act 2005, s 18

“means selling or issuing monetary value or receiving money or monetary value in connection with the transmission of money or monetary value, either from the transmitter or for a beneficiary and includes the provision of a facility for the …”

money transmission services

Defined in Financial Transactions Reporting Act 2006, s 33

“means a person (other than a bank licensed by the Central Bank) carrying on the business of— (a) exchanging cash or the value of money; (b) collecting, holding, exchanging or remitting funds or the value of money, or otherwise negotiating …”

moneylender

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

“means, any person who carries on or advertises or announces himself or holds himself out in any way as carrying on a moneylending business whether or not he carries on any other business”

moneylending agreement

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

“means, a written understanding between a licencee and a borrower which defines the terms and conditions applicable for sum of money lent by such licencee to such borrower and includes any amendment, addendum and supplement thereto”

moneylending business

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

“means, lending of money at interest with or without security by a moneylender to a borrower whether or not such moneylender carries on any business and shall include lending a sum of money in consideration of profit or loss arising from …”

monopolizing

Defined in Licensing of Container Depot Operators Act 2026, s 20

“means, where a person in the course of business, pursues a course of conduct which of itself or when taken together with a course of conduct pursued by persons associated with him, has or is intended to have or is likely to have the effect …”

moral rights

Defined in Intellectual Property Act 2003, s 5

“means rights referred to in section 10”

motor vehicle

Defined in Finance Act 2015, s 33

“means a motor car, a dual purpose vehicle, a light motor coach with a passenger capacity of less than sixteen passengers and any other vehicle prescribed by regulations made under this Act.”

Also defined in 3 other Acts

movable property

Defined in Secured Transactions Act 2024, s 75

“means- (a) goods, a document of title, chattel paper, security, instrument, money or any intangible property; or (b) (i) an interest in a fixture of any immovable property; or (ii) an assignment of a right to payment under a mortgage …”

Also defined in 2 other Acts

Mutual Assistance in Criminal Matters Act

Defined in Proceeds of Crime Act 2025, s 150

“means Mutual Assistance in Criminal Matters Act…”

mutual fund

Defined in Inland Revenue Act 2006, s 217

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