Sri Lanka Consolidated Acts

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Money Lending (Amendment) Act (No. 11 of 1963) - Sect 4

Savings.[ 48 (2), 11 of 1963.]

4. Where any person was, on the thirty-first day of December, 1963, carrying on the business of money lending but is prohibited from carrying on such business after that day by virtue of the operation of the principal enactment as amended by section 48 (1) of Act No. 11 of 1963, .then, notwithstanding anything in that Ordinance as so amended, any right, liability, action, proceeding or thing acquired or incurred or pending by or against such person on or before that day in his capacity of such money lender may, after that day, be enforced or carried on or completed as though such person was not so prohibited from carrying on such business.


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