View All - 1979 Acts Section No : Acts & Ordinances CONTROL OF FINANCE COMPANIESMarginal Notes1. This Act may be cited as the Control of Finance Companies Act, No. 27 of 1979, and shall come into operation on such date as the Minister may appoint by Order published in the Gazette (in this Act referred to as the "appointed date").2. Application of this Act. 3. Registration of Institutions. 4. Particulars prior to registration. 5. Board to refuse registration in certain instances. 6. Register for the registration of Institutions 7. Issue of licence. 8. Cessation of business by Institution. 9. Removal of name from register and cancellation of licence. 10. Transfer of dormant deposit accounts to special account in Central Bank of Ceylon. 11. Part II and III of this Act to apply Institutions whether registered or not. 12. Board to give directions. 13. Board may require Institution to furnish information. 14. Limitation of loans and investments of Institutions. 15. Examination of books of accounts of Institutions. 16. Power of Board to suspend, restrict business or wind up an Institution. 17. Offences and penalties. 18. The Board to make rules. 19. Delegation of powers of the Board. 20. Power of the Minister in relation to the Board . 21. This Act to prevail over other laws. 22. Interpretation.