Sri Lanka Consolidated Acts

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Mahaweli Authority Of Sri Lanka Act (No. 23 of 1979) - Sect 20

Authority not to transact business with enterprise in which a director has interest unless approved by the Minister

20. The Authority shall not make an investment in or otherwise transact business with an enterprise to which a director of the Authority is a partner, director or shareholder or is in any other way directly or indirectly interested, unless the transaction is approved by the Minister.

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