Sri Lanka Consolidated Acts Sri Lanka Consolidated ActsDeduction that may be made from the amount of indemnity
| 30. Where any person is entitled to any indemnity payable under an insurance policy issued under this Act and the Commissioner is satisfied that any sum is due from that person to a co-operative society in repayment of the whole or any part of a loan granted by such co-operative society to that person or in payment of any interest on that loan, the Commissioner may cause the sum due to such co-operative society to be deducted from the amount of such indemnity and to be remitted to such co-operative society. |