Sri Lanka Consolidated Acts

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Monetary Law (Amendment) (No. 21 of 1968) - Sect 2

Amendment of section 88A of Chapter 422

2. Section 88A of the Monetary Law Act (hereinafter referred to as the principal Act), as amended by Act No. 11 of 1968. is hereby further amended as follows: -
(1) in sub-section (1) of that section, by the substitution, in paragraph (&) of that sub-section, for all the words and, figures from " by way of pledge " to the end of that paragraph, of the following: -
(2) in sub-section (3) of that section, in the Form of Assignment set out in that sub-section-
(a) by the omission of the words " and our rights as mortgagees under the mortgages mentioned in the Schedule hereto, : and
(b) in the Schedule to that Form, by the omission of the following: -
(3) in sub-section (4) of that section, by the omission of the words " and rights ".


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