Sri Lanka Consolidated Acts

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Debt Conciliation(Amendment) Act (No. 24 of 1964) - Sect 6

Amendment of section 64 of the principal enactment. [ 4, 5 of 1959.1

6. Section 64 of the principal enactment is hereby amended as follows : -
(a) by the omission of the definition of " agricultural property " ;
(b) by the insertion, immediately after the definition of " branch board", of the following new definition : -
(c) in the definition of " creditor ", by the substitution, for the words " is owing,", of the words "is owing and includes the heirs, executors and administrators of such person," ;
(d) in the definition of "debtor"-
(i) by the substitution, in clause (i) of that definition, for the words " an agricultural property", of the words " any immovable property " ;
(ii) by the substitution, in clause (ii) of that definition, for the semi-colon occurring at the end of that clause, of a comma; and
(iii) by the addition, at the end of that definition, of the following :- " and includes the heirs, executors and administrators of such person ; " ; and
(e) by the insertion, immediately after the definition of " debtor", of the following new definition: -


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