Sri Lanka Consolidated Acts

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Debt Recovery (Special Provision) (Amendment) Act (No. 9 of 1994) - Sect 18

Replacement of section 21 of the principal enactment

18. Section 21 of the principal enactment is hereby repealed and the following section is substituted there for:"
21. Notwithstanding anything to the contrary in this Act or any other law, an institution may recover as interest in an action instituted under this Act, a sum of money in excess of the sum of money calculated as principal, in such action. "


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