Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 243

Continuation of business of off-shore company

243. An off-shore company shall if it intends to continue its business as an Off-shore company under the provisions of this Act
(a) produce to the Registrar proof of payment of the prescribed fee in the prescribed manner at the commencement of each calendar year and not later than the thirty-first day of January of that year ; and
(b) produce to the Registrar not later than the thirty-first day of January of each calendar year or before the explanation of such extended time as may be granted by the Registrar in his discretion, a bank certificate as required under section 242 (1) (b) in regard to defraying of the expenses of the off-shore company for that year.


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