410.
| (1) Where any document by which shares in or debentures of a company incorporated outside Sri Lanka are offered for sale to the public would, where the company concerned had been a company within the meaning of this Act, have been deemed by virtue of the provisions of section 47 to be a prospectus issued by the company, that document shall be deemed to be, for the purposes of this Part, a prospectus issued by the company. |
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| (2) An offer of shares or debentures for subscription or sale to any person whose ordinary business it is to buy or sell shares or debentures whether as principal or agent shall not be deemed to be an offer to the public for the purposes of this Part. |
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| (3) In this Part, the expressions " prospectus ", " shares * and " debentures " shall have the same meanings as and when used in relation to a company incorporated under this Act. |
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Sri Lanka Consolidated Acts