Sri Lanka Consolidated Acts

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Banking (Amendment) Act (No. 33 of 1995) - Sect 3

Amendment of section 2 of the principal enactment

3. Section 2 of the principal enactment is hereby amended as follows:-
(1) by the repeal of the last paragraph to that section ; and
(2) by the addition at the end of that section, the following new subsection :-
(6) For the purpose of this sections "company" shall have the same meaning as in section of the Companies Act, No. 17 of 1982, and include a company duly incorporated outside Sri Lanka, or body corporate formed in pursuance of any statute of any foreign country, Royal Charter or letters and a body corporate established by or under any written law and shall not include the Central Bank or a private company incorporated outside Sri Lanka except the banks specified in Schedule I to this Act.


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