Sri Lanka Consolidated Acts

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National Development Bank Of Sri Lanka. Act (No. 2 of 2005) - Sect 35

Registered address of borrower

35.
(1) Every person-
(a) to whom any loan, advance or other accommodation is granted by the Bank, or
(b) who has obtained probate of the will or letters of administration to the estate of a person to whom any loan, advance or other accommodation has been granted by the Bank, or who, upon application made in that behalf by the Board of Directors, has been appointed by court to represent such estate, or
(c) to whom any right, title or interest whatsoever in any immovable property mortgaged to that Bank as security for any loan, advance or other accommodation has passed, whether by voluntary conveyance or by operation of law,
(2) Any notice which is required to be served on any person to whom subsection (1) applies shall be deemed to have been duly served on that person if it is sent by post in a registered letter directed to that person at the address registered by him under that subsection, and service shall be deemed to have been effected at the time at which the letter would be delivered in the ordinary course of post:


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