Sri Lanka Consolidated Acts

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Finance Act (No. 38 of 1971) - Sect 19

Dissolution of a public corporation

19. Where the appropriate Minister considers that the activities of a public corporation should be terminated, the Minister may, under the authority of a resolution passed by the House of Representatives-
(a) dissolve the corporation; and
(b) appoint one or more persons to be the liquidator or liquidators of the corporation.

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