155.
| (1) Every company, being a limited banking company or an insurance company or a deposit, provident, or benefit society, shall, before it commences business, and also on the thirty-first day of March and thirtieth day of September in every year during which it carries on business, make a statement in the prescribed form or as near thereto as circumstances permit. |
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| (2) A copy of the statement shall be displayed in a conspicuous place in the registered office of the company, and in every branch office or place where the business of the company is carried on. |
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| (3) Every member and every creditor of the company shall be entitled to a copy of the statement, on payment of such sum of money not exceeding ten rupees, as may be prescribed. |
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| (4) Where default is made in complying with the provisions of this section, the company and every officer of the company who is in default shall be guilty of an offence and shall be liable to a default fine. |
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| (5) For the purposes of this Act, a company which carries on the business of insurance in common with any other business or businesses shall be deemed to be an insurance company. |
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| (6) The provisions of this section shall not apply to any insurance company to which the provisions of any written law for the time being in force as to the accounts and balance sheet to be prepared annually and delivered by such a company apply, where the company complies with those provisions. |
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Sri Lanka Consolidated Acts