Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsThis Law to prevail over certain instruments and the principal enactment
| 27. In this Law, unless the context otherwise requires-"company" includes any agency house and any business registered under the Business Names Ordinance;"competent authority'', in relation to the whole or any part of the undertaking of a company, means the person appointed by the Minister under section 7 to be a competent authority for the purpose of managing such undertaking or part thereof;"Minister" means the Minister to whom the subject or function of the Companies Ordinance has been assigned;"Secretary to the Ministry" means the Secretary to the Ministry in charge of the subject or function of the Companies Ordinance; "principal enactment" means the Companies Ordinance, as amended from time to time;" property " means movable or immovable property but does not include shares in a company or chooses in action;"Treasury" means the department of Government known as the General Treasury;"undertaking", in relation to a company, means the business carried on by such company, and includes all the movable and immovable property and other assets of such company. |