7. The following new section is hereby added immediately after section 5 of the principal enactment:
| 6. The Director of Commerce may, where be considers it appropriate to do so in the interest of national economy, by Order published in the Gazette declare that the provisions of this Act shall apply to any company registered under the Companies Act. No. 17 of 1982 or any co-operative society registered under the Cooperative Societies Law, No. 5 of 1972 which in his opinion is of sufficient financial stability and standing for the purpose of this Act, and not referred to in paragraph (a) or paragraph (b) or paragraph (c) or paragraph (d) of subsection (i) of section 5.". |
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Sri Lanka Consolidated Acts