Sri Lanka Consolidated Acts

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Inland Revenue Act (No. 10 of 2006) - Sect 147

Interpretation

147.In this Chapter, "financial institution" means any person or body of persons, corporate or unincorporate, whose business or part of whose business consists in the acceptance of money by way of deposit, or loan in the form of debenture or bond or in any other form, and the payment of interest thereon, whether such acceptance is on its own behalf or on behalf of any other person.


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