Sri Lanka Consolidated Acts

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Udarata Development Authority Of Sri Lanka Act (No. 26 of 2005) - Sect 32

Authority not to transact business with enterprises in which a member has interest, unless approved by the Minister

32. The Authority shall not make any investment in or otherwise transact business with an enterprise of which a member of the Authority is a partner, director or shareholder or in where such partner, director or shareholder directly or indirectly has an interest, unless the transaction is approved by the Minister.


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