Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsAN ACT TO PROVIDE FOR THE ESTABLISHMENT OF A SHIPPING CORPORATION TO OPERATE SERVICES FOR THE TRANSPORT OF GOODS, MAILS AND PASSENGERS BY SEA AND TO CARRY ON BUSINESS AS SHIPOWNERS, CHARTERERS OF SHIPS AND VESSELS, SHIP BROKERS, AND SHIPPING AGENTS, TO CARRY OUT THE BUILDING, MAINTENANCE, REPAIR AND OVERHAUL OF SHIPS AND VESSELS, TO VEST IN SUCH CORPORATION THE UNDERTAKING CARRYING ON BUSINESS UNDER THE NAME AND STYLE OF THE CEYLON SHIPPING CORPORATION LIMITED, TO REGULATE THE POWERS AND DUTIES OF SUCH CORPORATION, AND TO MAKE PROVISION FOR PURPOSES CONNECTED WITH THE AFORESAID MATTERS.