Sri Lanka Consolidated Acts

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Companies Act (No. 17 of 1982) - Sect 421

Definition of "business of banking"

421. For the purposes of this Part, " the business of banking " means the business of accepting deposits of money, subject to withdrawal on demand by cheque, draft, order or otherwise whether or not such business is carried on along with any one or more of the forms of business specified in section 411.


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