Sri Lanka Consolidated Acts

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State Mortgage Bank (Amendment) Act (No. 48 of 1958) - Sect 2

Amendment of section 35 of Chapter 398. [ 2, 49 of 1956.]

2. Section 35 of the Ceylon State Mortgage Bank Ordinance, hereinafter referred to as " the principal enactment", is hereby amended in paragraph (a) of that section, by the substitution, for the words " nor shall such total indebtedness exceed twenty-five million rupees ;", of the words " nor shall such total indebtedness exceed such amount as may, from time to time, be fixed by the Minister of Finance in his discretion ;".


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