Sri Lanka Consolidated Acts

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Students (Higher Education) Loan Fund Act (No. 4 of 1972) - Sect 6

Refusal or suspension of a loan

6. A specified bank shall refuse to grant a loan under this Act to any student or, where such bank has commenced the grant of the loan in instalments, shall stop the grant of any further instalments of the loan, if the Permanent Secretary or the Permanent Secretary's nominee requires the manager of such bank to do so.

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