7. Section 20 of the principal enactment is hereby amended as follows :"
| (1) by the substitution in subsection (1) of that section for the words and figures "the provisions of sections 17 and 19 shall apply", of the words and figures "the provisions of sections 17,17A and 19 shall apply" ; |
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| (2) by the repeal of subsection (2) of that section andthe substitution of the following subsectiontherefor:- |
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| "(2)
| | (a) Where"
| | | (i) the borrower is dead ; |
| ('ii) bank has been notified, in writing of his death within a period of three months of his death ; and |
| (iii) probate of his will or letters of administration to his estate have not been issued. |
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| | (b) Where the borrower is dead and the bank has been notified in writing of his death within a period of three months of his death, the board shall not take action as specified in section 17 or section 17A or section 19 unless and until a representative of his estate has been appointed under this section.". | | |
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Sri Lanka Consolidated Acts