ARRANGEMENT OF SECTIONS
1. Short title.
3. President may designate any public office to be a corporation sole.
4. Functions of corporation sole.
5. Financial provisions.
6. Corporation sole to be specified company.
THE CORPORATIONS SOLE (ESTABLISHMENT) ACT
An Act to enable the President to establish corporations sole to facilitate the more efficient carrying on of commercial or industrial enterprises by public departments.
[23rd August, 1974]
Act No. 23 of 1974
This Act may be cited as the Corporations Sole (Establishment) Act.
In this Act "Minister", in relation to any corporation sole, means the Minister for the time being responsible for the department for which the corporation sole is established.
(1) Where the President is of the opinion that it is expedient or desirable to establish a corporation sole in order to facilitate the carrying on of any commercial or industrial enterprise by a public department he may, by order published in the Gazette, designate any public office to be a corporation sole.
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