Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Payment And Settlement Systems Act (No. 28 of 2005) - Sect 9

Dealers lien

9. A security held in a customers, securities account, sold to the customer by the dealer direct participant authorized to act in the securities account of the customer, is subject to a lien in favour of the dealer direct participant to secure the payment of its price.

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]