2. Subject to the provisions of this Act-
| (a) every firm having a place of business in Sri Lanka and carrying on business under a business name which does not consist of the true full names of all the partners who are individuals and the corporate- names of all the partners who are corporations without any addition; |
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| (b) every individual having a place of business in Sri Lanka and carrying on business under a business name which does not consist of his true full name without any addition; |
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| (c) every individual or firm having a place of business in Sri Lanka who, or a member of which, has either before or after the commencement of this Act changed his name except in the case of a woman in consequence of marriage ; and |
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| (d) every corporation having a place of business in Sri Lanka and carrying on business under a business name which does not consist of its true corporate name without any addition, |
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shall be registered in the manner directed by this Act: Provided that-
| (i) where the addition merely indicates that the business is carried on in succession to a former owner of the business, that addition shall not of itself render registration necessary; and |
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| (ii) where the business is so carried on by the assignee of an insolvent estate, or a receiver or manager or curator appointed by any court, registration shall not be necessary; and |
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| (iii) a purchase or other acquisition of property by two or more persons is not of itself to be deemed carrying on a business, whether or not the owners share any profits arising from the sale thereof. |
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Sri Lanka Consolidated Acts