Sri Lanka Consolidated Acts

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State Mortgage And Investment Bank (Implementation) Act (No. 10 of 1994) - Sect 3

Amendment of section 28 of the principal enactment

3. Section 28 of the principal enactment is hereby amended by the repeal of the proviso to that section and the substitution of the following proviso therefor:- " Provided however that the Bank may grant to its employee loans for the purchase of land for the construction of a dwelling house or for the purchase ,construction, repair, renovation of or any extension to a dwelling house or for any other purpose prescribed by the rules made under this Law.".


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