Sri Lanka Consolidated Acts

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Pawnbrokers (Amendment) Law (No. 23 of 1973) - Sect 3

Insertion of new section 3A in the principal enactment

3. The following new section, is hereby inserted immediately after section 3, and shall have effect as section 3A. of the principal enactment: -
3A. The holder of a licence issued under section 3 shall not transfer the business to which such licence relates to any other person without the prior approval in writing of the Government Agent, and a transfer of such business without such prior approval shall be for all purposes null and void.".

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