Sri Lanka Consolidated Acts

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Credit Information Bureau of Sri Lanka (Amendment) Act (No. 8 of 1995) - Sect 5

Amendment of section 10 of the principal enactment

5. Section 10 of the principal enactment is hereby amended by the repeal of subsection (4) of that section and the substitution of the following subsection therefor;-
" (4) In granting approval for an allotment or transfer of shares under subsection (3), the Monetary Board shall endeavour to ensure that it retains at least thirty-one percent of the issued share capital of the Bureau.".

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