Sri Lanka Consolidated Acts

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State Mortgage And Investment Bank Law (No. 13 of 1975) - Sect 78

Power to inspect valuation rolls of local rating authorities

78. For the purpose of deciding whether any immovable property tendered as security for a loan should or should not be accepted, the Bank shall have access, without fee or charge, to the valuation roll of any local rating authority, and the officers of every such authority shall, upon application, submit to the Bank full particulars as to any valuation of rateable property in respect of which such local authority has power to levy rates.


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