Sri Lanka Consolidated Acts

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Banking (Amendment) Act (No. 33 of 1995) - Sect 2

Replacement of the long title of Act No. 30 of 1988

2. The long title of the Banking Act, No. 30 of 1988 (hereinafter referred to as the "principal enactment) is, hereby repealed and the following long title is substituted therefor :- " AN ACT TO PROVIDE FOR THE INTRODUCTION AND OPERATION OF A PROCEDURE FOR THE LICENSING OF PERSONS-CARRYING ON THE BANKING BUSINESS AND OF CARRYING ON THE BUSINESS OF ACCEPTING DEPOSITS AND INVESTING SUCH MONEY; FOR THE REGULATION AND CONTROL OF MATTERS RELATING TO SUCH BUSINESS ; AND TO PROVIDES FOR MATTERS CONNECTED THEREWITH OR INCIDENTAL THERETO.


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