Sri Lanka Consolidated Acts

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Banking (Amendment) Act (No. 33 of 1995) - Sect 7

Amendment of section 9 of the principal enactment

7. Section 9 of the principal enactment is hereby amended an subsection (1) of that section by the insertion immediately after paragraph (d) of that subsection, the following new paragraph-
" (e) where it is a licensed commercial bank incorporated outside Sri Lanka, had its licence or authority to operate, cancelled or withdrawn by the appropriate authority or regulatory body of the country in which such bank was incorporated;".

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