37.
| (1) In any case in which, any individual, or all the partners of any firm, or all the directors and the secretary of any corporation required under this Act to be registered, reside outside Sri Lanka, the business of the individual, firm or corporation shall be carried on in Sri Lanka in the name of the individual, firm or corporation, by a local manager and such local manager, shall be personally responsible for the discharge of all obligations attaching to the individual, firm or corporation under this Act. |
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| (2) Where it has been brought to the notice of the Registrar that no local manager has been appointed in terms of subsection (1) for any business, the Registrar may give notice to such individual or the partners of such firm or all the directors and secretaries of such corporation, to comply with the requirements of that subsection. |
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| (3) In case of default in respect of any obligation by the local manager under subsection (1), he shall be subject to the same responsibilities, liabilities and penalties as the individual in whose name he carried on the business, or if a partner in the firm or of a director or secretary of the corporation, as the case may be, and all the penal and other provisions of this Act shall be construed accordingly, |
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| (4) For the purpose of this section " local manager " Includes any person appointed in writing or acting under a power of attorney or conducting the business and signing cheques or acting as a de facto manager, for or on behalf of any firm or person resident abroad and having a place of business in Sri. Lanka. |
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Sri Lanka Consolidated Acts