28.
| (1) The provisions of the Companies Ordinance or any other written law regulating the incorporation of companies shall not apply to a corporation. |
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| (2) Notwithstanding the provisions of subsection (1), the Minister may, whenever he desires to do so by Order published in the Gazette, declare that any one or more of the provisions of such Ordinance or any other written law, for the time being in force relating to companies shall apply to such corporation. |
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| (3) Every Order made by the Minister shall as soon as convenient after the date of its publication in the Gazette be brought before the Parliament for approval. Any order which is not so approved shall be deemed to be revoked from the date of such disapproval but without prejudice to anything previously done thereunder. |
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Sri Lanka Consolidated Acts