3. Section 10 of the principal enactment is hereby repealed and the following section substituted therefor :
| 10.
| | (1) Notwithstanding anything to the contrary in any other law no person other than the Corporation or a subsidiary Corporation, and independent corporation, or any company registered under the Control of Insurance Act, No. 25 of 1962, as being authorized to transact insurance business shall transact insurance business of any class whatsoever in Sri Lanka: | | |
| | (2) In this section, "enterprise" has the same meaning as in the Greater Colombo Economic Commission Law, No.4 of 1986.'. | | |
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Sri Lanka Consolidated Acts