Sri Lanka Consolidated Acts

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Textile Quota Board Act (No. 33 of 1996) - Sect 25

Interpretation

26. In this Act unless the context otherwise requires-"export quota" means the entitlement to export from Sri Lanka to any other country any specified quantity of textiles and textile products, during specified period of time, under, and in accordance with, an agreement between the Government of Sri Lanka and the Government of that other country ;"governing board" in relation to a public corporation, means the Board of Directors or other body of persons, howsoever designated, charged with the administration and management of the affairs of the corporation ;"local authority" means any Municipal Council, Urban Council or any Pradeshiya Sabha and includes any authority created or established by or under any law to exercise, perform and discharge the powers, duties and functions corresponding to, or similar to the powers, duties and functions exercised, performed or discharged by any such Council or Sabha ;"malpractice" includes trans shipment of textiles and textile products originating in any other country as those originating in Sri Lanka or vice versa, false declaration regarding the country of origin, falsification of official documents with a view to facilitating transhipment or re-routing, and re-routing of textiles and textile products and making false declarations concerning fibre contents, quantities, description or classification of merchandise with a view to circumventing bilateral textile agreements ;"public corporation" means any corporation, board or other body which was or is established by or under any written law other than the Companies Act, No 17 of 1982 with funds or capital wholly or partly provided by the Government by way of grants, loan or otherwise ;"registered exporter" means an exporter of textile and textile products registered with the Ministry of the Minister in charge of the subject of Textile Industries or the Board of Investment of Sri Lanka, established by the Board of Investment of Sri Lanka Law, No 4 of 1978 as the case may be ;"textile product" means a product made out of any or all of the following :-cotton, wool, man made fibre, silk blended fibre or other vegetable fibre ;"textile quota cess" means the cess imposed under the provisions of Finance Act, No 16 of 1995.


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