2.
| (1) Every person
| | (a) to whom any loan is granted by a bank on the mortgage of property, or | | |
| | (b) who has obtained probate of the will or letters of administration to the estate of a person to whom any loan has been granted by a bank on the mortgage of property, or who, upon application made in that behalf by the Board, has been appointed by court to represent such estate, or | | |
| | (c) to whom any right, title or interest whatsoever in any property mortgaged to a bank as security for any loan, has pissed, whether by voluntary conveyance or by operation of law, shall register with a bank an address to which all notices to him may be addressed | | |
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| (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 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 Provided that, Where any such person fails to register his address under subsection (1), the bank shall publish in tile Gazette and in at least three daily newspapers in the Sinhala. Tamil and English languages, a notice addressed to him and such notice shall be deemed to hi duly given to him on the day on which such notice is last published. |
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Sri Lanka Consolidated Acts