3. Section 64 of the principal enactment as amended by Act No. 5 of 1959, is hereby further amended, by the substitution, for the definition of " debtor ", of the following definition:" " debtor" means a person"
| (i) who has created a mortgage or charge over any immovable . property or any part thereof and whose debts in respect of such property exceed the prescribed amount; or |
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| (ii) who is a transferee of a right of redemption on a conditional transfer, |
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and includes the heirs, executors and administrators of such person.'. |
Sri Lanka Consolidated Acts