2.
| (1) Where the Minister considers it desirable that a Corporation should be established for the purpose of engaging in or carrying on any business of all or any of the following classes or descriptions, namely,
| | (a) the importation of articles of any class or description into Ceylon, including the purchase and stocking of such articles for the purpose of such importation; | | |
| | (b) the exportation of articles of any class or description from Ceylon, including the purchase and stocking of such articles for the purpose of such exportation: | | |
| | (c) the distribution and supply, by wholesale or where necessary by retail, of articles of any class or description in Ceylon, including the purchase and stocking of such articles for the purpose of such distribution or supply; | | |
| | (d) the promotion and expansion of the demand for, and trade in, articles of any class or description manufactured or produced in Ceylon; and | | |
| | (e) the conduct of market research in Ceylon and outside Ceylon, | | |
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| (2) Upon the publication of an Order under subsection (1) in the Gazette, a Corporation (in this Act referred to as the " Corporation ") consisting of the persons who are for the time being members thereof by virtue of the provisions of section 9, with the corporate name specified in such Order, and with perpetual succession, shall be deemed to have been established. |
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| (3) The Minister may, from time to time, by Order published in the Gazette, amend any Order made under sub-section (1). |
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| (4) An Order made under sub-section (1) or, where such Order is subsequently amended under subsection (3), such Order as so amended, is in this Act referred to as the " Incorporation Order ". |
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| (5) The Corporation may sue and be sued in its Corporate name. |
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Sri Lanka Consolidated Acts