Sri Lanka Consolidated Acts

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Banking Act (No. 30 of 1988) - Sect 83

Licensed Commercial bank deemed to be an approved credit agency

83. A licensed commercial bank which is granted a licence in terms of section 5 shall be deemed to be
(i) an approved credit agency for purposes of the Trust Receipt Ordinance (Chapter 85) and the Mortgage Act (Chapter 89) ;
(ii) an " approved bank" for purposes of the Finance Act, No. 65 of 1961.

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