Sri Lanka Consolidated Acts

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Agrarian Services (Amendment) Act (No. 40 of 1993) - Sect 3

Amendment section 29 of the principal enactment

3. Section 29 of the principal enactment, as amended by the Agrarian Services (Amendment) Act, No. 9 of 1990, is hereby further amended by the repeal of subsection (1) of that section and the substitution therefor, of the following subsection : "
(1) Where under the provisions of this Part, default is made, or deemed to be made, by an owner cultivator or occupier of agricultural land in respect of the whole of the unpaid portion of any loan granted by a prescribed bank and the interest due on such loan, such bank may notify the Magistrate's Court that such owner cultivator or occupier is in default of the sum of money specified in such notice.".


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