24. In this Chapter of this Act under the context otherwise requires-"Board of Investment of Sri Lanka" means the Board of Investment of Sri Lanka established by the Board of Investment of Sri Lanka Law, No. 4 of 1978 ;"registered exporter" means an exporter of textile and textile products registered with the Ministry of the Minister in charge of the subject of Textile Industries or the Board of Investment of Sri Lanka, as the case may be ;"relevant authority"-
| (a) in relation to an exporter registered with the Board of Investment of Sri Lanka, means the Director-General of the Board of Investment of Sri Lanka : and |
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| (b) in relation to an exporter registered with the Ministry of the Minister in charge of the subject of Textile Industries, means the Secretary to such Ministry ; |
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"textile export quota" means the entitlement to export, from Sri Lanka to any other country, a specified quantity of textiles and textile products, during a specified period of time, under, and in accordance with, an agreement between the Government of Sri Lanka and the Government of that other country ;"textile product" means a product made out of any or all of the following : -cotton, wools, man-made fibre, silk blend fibre or other vegetable fibre ;"textile quota allocation" means any authorization issued by the Textile Quota Board enabling a registered exporter to export to another country, a specified quantity of textiles or textile products, during a specified period of time, under the textile export quota applicable to that country ;"Textile Quota Board" means the Textile Quota Board appointed by the Minister to administer and manage the textile export quota and includes a subcommittee thereof. |
Sri Lanka Consolidated Acts